Publication:
Climate Change, Industrial Transformation, and "Development Traps"

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dc.contributor.authorToman, Michael
dc.contributor.authorGolub, Alexander
dc.date.accessioned2014-08-15T17:20:29Z
dc.date.available2014-08-15T17:20:29Z
dc.date.issued2014-06
dc.description.abstractThis paper examines the possibility of environmental "development traps," or "brown poverty traps," caused by interactions between the impacts of climate change and increasing returns in the development of "clean-technology" sectors. A simple specification is used in which the economy can produce a single homogeneous consumption good with two different technologies. In the "old" sector, technology has global diminishing returns to scale and depends on the use of fossil energy that gives rise to long-lived, damaging climate change. In the "new" sector, the technology has convex-concave production and is not dependent on the polluting energy input. If the new sector does not grow fast enough to move through the phase of increasing returns, then the economy may linger at a low level of income indefinitely or it may achieve greater progress but then get driven back down to a lower level of income by environmental degradation. Stimulating growth in the new sector thus may be a key element for avoiding an environmental poverty trap and achieving higher, sustained income levels.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/19736812/climate-change-industrial-transformation-development-traps
dc.identifier.doi10.1596/1813-9450-6951
dc.identifier.urihttps://hdl.handle.net/10986/19373
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6951
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCUMULATION OF CARBON
dc.subjectADVERSE IMPACTS
dc.subjectAPPROPRIATE TECHNOLOGY
dc.subjectATMOSPHERE
dc.subjectCAPITA INCOME
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL GOODS
dc.subjectCAPITAL INPUT
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCARBON
dc.subjectCARBON DIOXIDE
dc.subjectCARBON DIOXIDE EMISSIONS
dc.subjectCARBON INTENSITY
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE DAMAGES
dc.subjectCO
dc.subjectCO2
dc.subjectCONSTANT RATE
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONSUMPTION INCREASES
dc.subjectCONVERGENCE
dc.subjectDAMAGES
dc.subjectDEBT
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDIMINISHING RETURNS
dc.subjectDIMINISHING RETURNS TO SCALE
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNT RATES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DYNAMICS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC THEORY
dc.subjectECONOMIES OF SCALE
dc.subjectECONOMISTS
dc.subjectELASTICITY
dc.subjectEMISSION
dc.subjectEMISSION INTENSITY
dc.subjectEMISSION PERMITS
dc.subjectEMISSIONS
dc.subjectEMISSIONS INTENSITY
dc.subjectENERGY USE
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL DEGRADATION
dc.subjectENVIRONMENTAL QUALITY
dc.subjectENVIRONMENTAL RESOURCES
dc.subjectENVIRONMENTS
dc.subjectEXOGENOUS PARAMETERS
dc.subjectEXTERNALITY
dc.subjectFACTORS OF PRODUCTION
dc.subjectFINANCIAL SUPPORT
dc.subjectFUTURE CONSUMPTION
dc.subjectGHG
dc.subjectGHGS
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGREENHOUSE GASES
dc.subjectGROSS INVESTMENT
dc.subjectGROSS OUTPUT
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH PATH
dc.subjectGROWTH PROBLEM
dc.subjectGROWTH THEORY
dc.subjectHUMAN CAPITAL
dc.subjectIMPACTS OF CLIMATE CHANGE
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCOME PER CAPITA
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDUSTRIALIZATION
dc.subjectLABOR FORCE
dc.subjectLOW-CARBON
dc.subjectLOWER DISCOUNT RATE
dc.subjectMARGINAL UTILITY
dc.subjectNATURAL CAPITAL
dc.subjectNATURAL RESOURCE ECONOMICS
dc.subjectNATURAL RESOURCE SCARCITY
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE IMPACT
dc.subjectNET OUTPUT
dc.subjectNUMERICAL SIMULATIONS
dc.subjectOPPORTUNITY COST
dc.subjectOPTIMIZATION
dc.subjectPH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLLUTION
dc.subjectPOPULATION GROWTH
dc.subjectPP
dc.subjectPRESENT VALUE
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION TECHNOLOGY
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY OF CAPITAL
dc.subjectSCENARIOS
dc.subjectSHADOW PRICE
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUBSTITUTION
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNICAL CHANGE
dc.subjectTECHNOLOGICAL INNOVATION
dc.subjectTECHNOLOGY INCREASES
dc.subjectTOTAL CONSUMPTION
dc.subjectUNCERTAINTIES
dc.subjectUNIT OF CAPITAL
dc.subjectUTILITY FUNCTION
dc.titleClimate Change, Industrial Transformation, and "Development Traps"en
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crossref.titleClimate Change, Industrial Transformation, and “Development Traps”
okr.date.disclosure2014-07-01
okr.date.doiregistration2025-04-10T10:19:14.478276Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/06/19736812/climate-change-industrial-transformation-development-traps
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.guid428661468171253790
okr.identifier.doi10.1596/1813-9450-6951
okr.identifier.externaldocumentum000158349_20140627102334
okr.identifier.internaldocumentum19736812
okr.identifier.reportWPS6951
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/27/000158349_20140627102334/Rendered/PDF/WPS6951.pdfen
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicEnvironmental Economics and Policies
okr.unitEnvironment and Energy Team, Development Research Group
okr.volume1 of 1
relation.isAuthorOfPublicatione9b419db-cbfc-5fb8-bcc1-2f209a6d4449
relation.isAuthorOfPublication.latestForDiscoverye9b419db-cbfc-5fb8-bcc1-2f209a6d4449
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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