Climate change impact studies on agriculture are broadly based on agronomic-economic approach and Ricardian approach. The Ricardian approach, similar in principle to the Hedonic pricing approach of environmental valuation, has received significant attention due to its elegance and also some...

India needs reliable good quality database and methodologies for designing, implementing and monitoring climate-friendly policies. This paper focuses on the database needs for policies in the context of multilateral frameworks. It provides suggestions to the Central Statistical Organization (CSO...

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

We evaluate how anticipation and adaptation shape the aggregate and local costs of climate change. We develop a dynamic spatial model of the U.S. economy and its 3,143 counties that features costly forward-looking migration and capital investment decisions. Recent methodological advances that...

This paper introduces the concept of "climate matching" as a driver of migration and establishes several new results. First, we show that climate strongly predicts the spatial distribution of immigrants in the US, both historically (1880) and more recently (2015), whereby movers select...