Showing 1 - 10 of 61
More technology implies higher welfare. Therefore, it is individually rational to cooperate on technological development. It is not individually rational cooperate on greenhouse gas emission reduction. If technology cooperation only comes with cooperation on emission reduction, incentives to...
Persistent link: https://www.econbiz.de/10005463814
We investigate the relationship between a thousand-year history of violent conflict in Europe and various reconstructions of temperature and precipitation. We find that conflict was more intense during colder periods. This relationship is weakening over time, and is not robust to the details of...
Persistent link: https://www.econbiz.de/10005463816
The costs of greenhouse gas emission reduction are investigated with abatement of carbon dioxide, methane, and nitrous oxide using the FUND model. The central policy scenario keeps anthropogenic radiative forcing below 4.5 Wm-2. If CO2 emission reduction were the only possibility to meet this...
Persistent link: https://www.econbiz.de/10005463818
Research into the social cost of carbon emissions — the marginal social damage from a ton of emitted carbon — has tended to focus on “best guess” scenarios. Such scenarios generally ignore the potential for low-probability, high-damage events, which are critically important to...
Persistent link: https://www.econbiz.de/10005463819
The holiday destination choice is analysed for tourists from 45 countries, representing all continents and all climates. Tourists are deterred by distance, political instability and poverty, and attracted to coasts. Tourists prefer countries with a sunny yet mild climate, shun climes that are...
Persistent link: https://www.econbiz.de/10005463824
Two reasons to be concerned about climate change are its unjust distributional impact and its negative aggregate effect on economic growth and welfare. Although our knowledge of the impact of climate change is incomplete and uncertain, economic valuation is difficult and controversial, and the...
Persistent link: https://www.econbiz.de/10005463828
Persistent link: https://www.econbiz.de/10005463829
This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE model. The model is first re-calibrated at some future years, obtaining hypothetical benchmark equilibria, which are subsequently perturbed by shocks, simulating the effects of...
Persistent link: https://www.econbiz.de/10005593123
Tourism is one of the largest and fastest growing economic sectors. Tourism is obviously related to climate, as tourists prefer spending time outdoors and travel to enjoy the sun or landscape. It is therefore surprising that the tourism literature pays little attention to climate and climatic...
Persistent link: https://www.econbiz.de/10005593124
We analyse games of greenhouse gas emission reduction in which the emissions and the emission reduction costs of one country depend on other countries? emission abatement. In an analytically tractable model, we show that international trade effects on costs and emissions can either increase or...
Persistent link: https://www.econbiz.de/10005593128