Publications

Environmental policy and directed technological change: evidence from the European carbon market
This paper was updated in February 2013 This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change. We exploit installations-level inclusion … read more »

Dynamics of indirect land-use change: empirical evidence from Brazil
The expansion of a given land use may affect deforestation directly if forests are cleared to free land for this use, or indirectly, via the displacement … read more »

Is it possible to limit global warming to no more than 1.5°C?
Ranger, N., Gohar, L.K., Lowe, J.A., Raper, S.C.B., Bowen, A. and Ward, R.E. 2012. In: ‘Climatic Change’, v.111, p.973-981

The endogenous price dynamics of emission allowances and an application to CO2 option pricing
Market mechanisms are increasingly being used as a tool for allocating somewhat scarce but unpriced rights and resources, and the European Emission Trading Scheme is an example. By means … read more »

What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data
Technology transfer plays a key role in global efforts to reduce greenhouse gas emissions. In this paper, we characterize the factors that promote or hinder the international diffusion of climate-friendly technologies using detailed patent data from 96 countries for the period 1995–2007. read more »

Regulating nanotechnologies: risk, uncertainty and the global governance gap
Nanosciences and nanotechnologies are set to transform the global industrial landscape, but the debate on how to regulate environmental, health and safety risks is lagging behind technological innovation. Current … read more »

Linking emission trading schemes
In principle, linking emission trading schemes would favour the depletion of low-cost abatement opportunities that are geographically spread over the globe. However, this would only be possible if the … read more »

The effects of natural disasters on human capital accumulation
In this paper I investigate the effects of disasters on human capital accumulation using an extensive panel dataset on natural disasters, covering 170 countries over a 25 year period … read more »

Safe haven assets and investor behaviour under uncertainty
Financial crises and contagion have highlighted the need for safe haven assets. However, their existence, role and interactions are not well understood. We analyze the two most prominent yet … read more »

Environmental regulation and the cross-border diffusion of new technology: evidence from automobile patents
This article examines the impact of environmental regulation within countries, as well as regulatory distance between countries on international technology transfer. read more »

