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Do Geographical Variations in Climate Influence Life Satisfaction?
Murray, Thomas; Maddison, David; Rehdanz, Katrin - Institut für Weltwirtschaft (IfW) - 2011
Accounting for socioeconomic and demographic variables as well as country specific effects, households’ willingness to pay for changes in climate is revealed using European data on reported life satisfaction. Individuals located in areas with lower average levels of sunshine and higher average...
Persistent link: https://www.econbiz.de/10009132528
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Economic Costs of Ocean Acidification: A Look into the Impacts on Shellfish Production
Narita, Daiju; Rehdanz, Katrin; Tol, Richard S.J. - Institut für Weltwirtschaft (IfW) - 2011
ocean acidification. Our results show that the costs for the world as a whole could be over 100 billion USD with an … on the Chinese production, which is dominant in the world, and the expected demand increase of mollusks in today’s low …-income countries, which include China, in accordance with their future income rise …
Persistent link: https://www.econbiz.de/10009149139
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Regional and sectoral estimates of the social cost of carbon: An application of FUND
Anthoff, David; Rose, Steven; Tol, Richard S. J.; … - Institut für Weltwirtschaft (IfW) - 2011
. China, Western Europe and the United States have the highest share of harmful impacts, with the precise order depending on …
Persistent link: https://www.econbiz.de/10009223283
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Risk premia and the social cost of carbon: A review
Kousky, Carolyn; Kopp, Robert E.; Cooke, Roger - Institut für Weltwirtschaft (IfW) - 2011
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk reduction...
Persistent link: https://www.econbiz.de/10009223288
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The influence of the specification of climate change damages on the social cost of carbon
Kopp, Robert E.; Golub, Alexander; Keohane, Nathaniel O.; … - Institut für Weltwirtschaft (IfW) - 2011
Drawing upon climate change damage functions previously proposed in the literature that we have calibrated to a common level of damages at 2.5 C, we examine the effect upon the social cost of carbon (SCC) of varying the specification of damages in a DICE-like integrated assessment model. In the...
Persistent link: https://www.econbiz.de/10009223289
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Climate Change, Agricultural Production and Food Security: Evidence from Yemen
Breisinger, Clemens; Ecker, Olivier; Al-Riffai, Perrihan; … - Institut für Weltwirtschaft (IfW) - 2011
rising world food prices. Our simulation results suggest that climate change induced price increases for food will raise …
Persistent link: https://www.econbiz.de/10009386585
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The social cost of carbon on an optimal balanced growth path
Kögel, Tomas - Institut für Weltwirtschaft (IfW) - 2011
This paper derives analytically the growth rate of the social cost of carbon (SSC) on an optimal balanced growth path. More specifically, the paper examines a deterministic Ramsey model of optimal economic growth with carbon emissions. In this model, restrictions on technology and preferences...
Persistent link: https://www.econbiz.de/10009294880
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A tale of tails: Uncertainty and the social cost of carbon dioxide
Pycroft, Jonathan; Vergano, Lucia; Hope, Chris; Paci, … - Institut für Weltwirtschaft (IfW) - 2011
Recent thinking about the economics of climate change has concerned the uncertainty about the upper bound of both climate sensitivity to greenhouse gases and the damages that might occur at high temperatures. This argument suggests that the appropriate probability distributions for these factors...
Persistent link: https://www.econbiz.de/10009294881
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The marginal damage costs of different greenhouse gases: An application of FUND
Waldhoff, Stephanie; Anthoff, David; Rose, Steven; Tol, … - Institut für Weltwirtschaft (IfW) - 2011
We use FUND 3.5 to estimate the social cost of carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride emissions. We show the results of a range of sensitivity analyses, focusing on the impact of carbon dioxide fertilization. Ignored in previous studies of the social cost of greenhouse...
Persistent link: https://www.econbiz.de/10009321670
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The social cost of CO2 from the PAGE09 model
Hope, Chris W. - Institut für Weltwirtschaft (IfW) - 2011
the world (RoW) from RoW emissions. About one third of the mean SCCO2 comes from impacts in the RoW caused by emissions in …
Persistent link: https://www.econbiz.de/10009323173