eprintid: 18633 rev_number: 16 eprint_status: archive userid: 2744 dir: disk0/00/01/86/33 datestamp: 2015-04-20 07:40:55 lastmod: 2015-04-22 04:19:34 status_changed: 2015-04-20 07:40:55 type: workingPaper metadata_visibility: show creators_name: Goeschl, Timo creators_name: Perino, Grischa title: The Climate Policy Hold-Up: Green Technologies,Intellectual Property Rights, and the Abatement Incentives of International Agreements subjects: ddc-330 divisions: i-181000 keywords: International climate policy; diffusion of innovations; intellectual property rights; hold-up problem. abstract: The success of global climate policies over the coming decades depends on the diffusion of 'green' technologies. This requires that international environmental agreements (IEAs) and trade-related intellectual property rights (TRIPs) interact productively.Using a simple and tractable model, we highlight the strategic reduction in abatement commitments on account of a hold-up effect. In anticipation of rent extraction by the innovator signatories might abate less than non-signatories turning the IEA 'brown'. Self-enforcing IEAs have fewer signatories and diffusion can reduce global abatement under TRIPs. Countries hosting patent holders extract rents from TRIPs, but may be better off without them. date: 2015-04 id_scheme: DOI id_number: 10.11588/heidok.00018633 schriftenreihe_cluster_id: sr-3 schriftenreihe_order: 0591 ppn_swb: 1656134284 own_urn: urn:nbn:de:bsz:16-heidok-186335 language: eng bibsort: GOESCHLTIMTHECLIMATE201504 full_text_status: public series: Discussion Paper Series, University of Heidelberg, Department of Economics volume: 0591 place_of_pub: Heidelberg pages: 25 citation: Goeschl, Timo ; Perino, Grischa (2015) The Climate Policy Hold-Up: Green Technologies,Intellectual Property Rights, and the Abatement Incentives of International Agreements. [Working paper] document_url: https://archiv.ub.uni-heidelberg.de/volltextserver/18633/1/goeschl_perino_2015_dp591.pdf