NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport

Yongyang Cai, William Brock, Anastasios Xepapadeas, Kenneth Judd

NBER Working Paper No. 24473
Issued in March 2018, Revised in September 2019

---- Acknowledgments ----

We thank participants at ASSA 2017 (Chicago), the 2017 Conference on the Macro and Micro Economics of Climate Change (San Barbara), the 2018 China Meeting of the Econometric Society (Shanghai), SEA 2018 (Washington DC), and INFORMS 2018 (Phoenix), for their helpful comments. Cai would like to acknowledge support from the Hoover Institution at Stanford University. This research is part of the Blue Waters sustained-petascale computing project, which is supported by the National Science Foundation (awards OCI-0725070 and ACI-1238993) and the State of Illinois. Blue Waters is a joint effort of the University of Illinois at Urbana-Champaign and its National Center for Supercomputing Applications. Earlier versions of this paper include “Climate Change Economics and Heat Transport across the Globe: Spatial-DSICE” and “Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport”. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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