Showing 1 - 10 of 37
In this paper, we develop a simple model of international outsourcing and apply it to processing trade in China. We observe China's processing exports broken down by who owns the plant and by who controls the inputs the plant processes. Multinational firms engaged in export processing in China...
Persistent link: https://www.econbiz.de/10012468496
estimates of the private sector productivity elasticities with respect to pollution …
Persistent link: https://www.econbiz.de/10012479547
Efficient responses to climate change require accurate estimates of both aggregate damages and where and to whom they occur. While specific case studies and simulations have suggested that climate change disproportionately affects the poor, large-scale direct evidence of the magnitude and...
Persistent link: https://www.econbiz.de/10012479729
Reductions in ambient pollution have been taken as an indisputable "silver lining" to the COVID-19 Pandemic. Indeed …, including to China's notoriously-poor air quality. We analyze China's official pollution monitor data and account for the large … are found for the six provinces neighboring Hubei. We conclude that COVID-19 had ambiguous impacts on China's pollution …
Persistent link: https://www.econbiz.de/10012481670
Anthropogenic climate change produces two conceptually distinct negative economic externalities. The first is an expected path of climate damage. The second, which is this paper's focus, is an expected path of economic risk. To isolate the climate-risk problem, we consider mean-zero, symmetric...
Persistent link: https://www.econbiz.de/10012481877
pollution. This article describes the recent trends in air and water quality, with a focus on the five years since China … declared a "war on pollution" in 2014. It summarizes the emerging literature that has taken advantage of accompanying … pollution, and understand their social, economic, and health consequences …
Persistent link: https://www.econbiz.de/10012482683
This paper develops an analytical model to quantify the costs and distributional effects of various fiscal options for allocating the (large) rents created under prospective cap-and-trade programs to reduce domestic, energy-related CO2 emissions. The trade-off between cost effectiveness and...
Persistent link: https://www.econbiz.de/10012462171
This essay revisits the question of instrument choice for the regulation of externalities in the context of climate change. The central point is that the Pigouvian prescription to equate marginal control costs with the expected marginal benefits of damage reduction should guide the design of...
Persistent link: https://www.econbiz.de/10012462388
A critical issue in climate-change economics is the specification of the so-called "damages function" and its interaction with the unknown uncertainty of catastrophic outcomes. This paper asks how much we might be misled by our economic assessment of climate change when we employ a conventional...
Persistent link: https://www.econbiz.de/10012462520
production within these goods. Using Chinese official environmental data on air and water pollution, and official trade data, we … relatively cleaner, highly fragmented sectors, and (3) the pollution intensity of Chinese exports has fallen dramatically between … standard model of the pollution intensity of trade, we develop a model that explicitly introduces production fragmentation into …
Persistent link: https://www.econbiz.de/10012464787