This paper demonstrates how three important results in environmental economics, true under mild conditions in closed … economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …

world real GDP per capita by 7.22 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the …

into macroeconomic climate-economy models. This paper proposes a joint empirical-structural approach to bridge this gap for …

Climate change effects on agricultural yields will be uneven over the world with a few countries, mostly in high …

climate change by importing food and shifting labor toward manufacturing. Second, I embed my estimates in an open-economy …