International Knowledge Spillover and Technology Externality: Why Multilateral R&D Coordination Matters for Global Climate Governance

International Knowledge Spillover and Technology Externality: Why Multilateral R&D Coordination Matters for Global Climate Governance

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International Knowledge Spillover and Technology Externality: Why Multilateral R&D Coordination Matters for Global Climate Governance

This paper investigates the mechanism of international technology cooperation and its effect on the timing and cost of global climate mitigation. I firstly present a simple analytical framework that describes how international R&D coordination works and its importance to climate change mitigation.

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