This paper develops a model that integrates the climate and the global economy---an integrated assessment model---with which different policy scenarios can be analyzed and compared. The model is a dynamic stochastic general-equilibrium setup with a continuum of regions. Thus, it is a full...

Agricultural production is heavily dependent on weather outcomes, and hence climate change has the potential to significantly alter the sector's productivity. Both reduced form studies as well as integrated assessment models have found that the agricultural sector might experience significant...

The rapid rise in food prices has been a burden on the poor in developing countries, including in India, who spend roughly half of their household incomes on food. In many countries and regions, food price inflation is higher than aggregate inflation and contributing to underlying inflationary...

Climate change and disasters are fast emerging as the most significant challenges of the 21st century as global risks with impacts far beyond just the environment and implications on national security and development. As the world continues its contemporary patterns of production and...

Microfinance and micro-credit practices have become a popular means of local development. In India, their expansion has been largest in Tamilnadu. These practices target primarily women, who are encouraged to construct self-help-groups in order to have a social basis for raising collateral and...

Any country’s environmental problems are related to the level of its economic development, the availability of natural resources and the lifestyle of its population. In India, rapid growth of population, poverty, urbanization, industrialization and several related factors are responsible for...

Materiality is a threshold quality in accounting which has priority over other qualitative characteristics of financial information. In other word, financial information are important in decision-making only when they are important with respect to this to definition, omission or altering these...

The amount of materials used worldwide in production and consumption increased by 56% from 1995 to 2008. Using an index decomposition analysis based on the logarithmic mean Divisia index, we investigate the drivers of material use, both on a global and a country scale. We exploit a panel dataset...

Economists are increasingly using weather data and climate model output in analyses of the economic impacts of climate change. This article introduces weather data sets and climate models that are frequently used, discusses the most common mistakes economists make in using these products, and...

We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...