Showing 1 - 10 of 312
In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...
Persistent link: https://www.econbiz.de/10008489603
We analyse growth dynamics in an economy where the well-being of economic agents depends on three goods: leisure, a … be an engine of desirable growth: the deterioration of the environmental good can play the role of a coordination device …
Persistent link: https://www.econbiz.de/10005570343
In this paper we developed and tested an integrated methodology for assessing direct and indirect economic impacts of flooding. The methodology combines a spatial analysis of damage to physical stocks with a general economic equilibrium approach using a regionally-calibrated (to Italy) version...
Persistent link: https://www.econbiz.de/10010941060
This article proposes a framework to investigate the consequences of natural disasters. This framework is based on the disaggregation of Input-Output tables at the business level, through the representation of the regional economy as a network of production units. This framework accounts for (i)...
Persistent link: https://www.econbiz.de/10005423134
In this paper, we investigate the macroeconomic response to exogenous shocks, namely natural disasters and stochastic productivity shocks. To do so, we make use of an endogenous business cycle model in which cyclical behavior arises from the investment–profit instability; the amplitude of this...
Persistent link: https://www.econbiz.de/10004990067
diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …
Persistent link: https://www.econbiz.de/10008540415
political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …, the less she will tax and devote resources to the environment, preferring to support growth. …
Persistent link: https://www.econbiz.de/10005570342
that climate change will modify their probability distributions and their consequences. The long-term growth models used in … averaging short-term processes like extreme events over the five- or ten-year time step of a classical long-term growth model …
Persistent link: https://www.econbiz.de/10005570286
In this paper we argue that when a subgroup of countries cooperate on emission reduction, the optimal response of non-signatory countries reflects the interaction between three potentially opposing factors, the incentive to free-ride on the benefits of cooperation, the incentive to expand the...
Persistent link: https://www.econbiz.de/10009421230
We show that adaptive measures undertaken by countries in the face of climate change, apart from directly reducing the damage caused by climate change, may also indirectly mitigate greenhouse gas emissions by increasing the stable size of international agreements on emission reductions....
Persistent link: https://www.econbiz.de/10009002688