Climate change can lead to a substantial reduction of the strength of the thermohaline circulation in the world oceans. This is often thought to have severe consequences particularly on the North Atlantic region and Northern and Western Europe. The integrated assessment model FUND is used to...

As economic and emissions scenarios assume convergence of per capita incomes, they are sensitivity to the exchange rate used for international comparison. Particularly, developing countries grow slower with a purchasing power exchange rate than with a market exchange rate. Different exchange...

Sea level in the Caribbean region is expected to rise approximately10-20 cm by 2025. In some areas of Martinique coastal erosion and saltwater intrusion are already a severe problem. Because the island has a mountainous character, the majority of its settlements are situated along the coast...

I define the rate of inequity aversion, distinguishing between the pure rate and the consumption rate. I measure the rate of aversion to inequality in consumption as expressed in the development aid given by rich countries to poor ones between 1965 and 2005. There is an ambiguous relationship...

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...

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...

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...