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Adaptation for Mitigation
Ikefuji, Masako; Magnus, Jan; Sakamoto, Hiroaki - Tinbergen Instituut - 2014
This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions' best responses can be...
Persistent link: https://www.econbiz.de/10011256464
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Climate Change Skepticism in the Face of Catastrophe
Kagan, Mark - Tinbergen Instituut - 2012
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wageincome going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10011256637
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Global and Regional Impacts of the Clean Development Mechanism
Wang, Shunli; Groot, Henri L.F. de; Nijkamp, Peter; … - Tinbergen Instituut - 2009
Climate change is a serious concern worldwide. Policy research on climate change in the past decades has largely focused on applied modelling exercises. However, the implications of specific policy strategies such as the clean development mechanism (CDM) for global and regional economic and...
Persistent link: https://www.econbiz.de/10011257526
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Modified Ramsey Discounting for Climate Change
Tol, Richard S.J. - Tinbergen Instituut - 2013
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10011257150
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Growth and Risk: Methodology and Micro Evidence
Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - Tinbergen Instituut - 2003
a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk …-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the ergodic distribution …-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex ante effect (i.e. the …
Persistent link: https://www.econbiz.de/10011256469
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Differential Impact of Environmental Policy Instruments on Technological Change: A Review of the Empirical Literature
Vollebergh, Herman R.J. - Tinbergen Instituut - 2006
This survey reviews the empirical literature on the impact of environmental policy instruments on the rate and direction of technological change. The survey is explicitly focused on the empirical identification of the hypothesis to expect a stronger impact from market-based incentives than from...
Persistent link: https://www.econbiz.de/10011256107
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The Pollution Effects of Mergers and Acquisitions: Asymmetry, Disaggregation, and Multilateralism
Swart, Julia; Marrewijk, Charles van - Tinbergen Instituut - 2011
This paper studies the impact of cross-border Mergers and Acquisitions (M&As) on Carbon Dioxide emissions. Carbon Dioxide is the main anthropogenic greenhouse gas. A global problem that requires a multilateral solution. To take this into account we introduce an institutional variable, which...
Persistent link: https://www.econbiz.de/10011255767
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From Tradition to Modernity: Economic Growth in a Small World
Lindner, Ines; Strulik, Holger - Tinbergen Instituut - 2012
(Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration … institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect … stagnation differs from balanced growth by the presence of relatively many small firms of low productivity. …
Persistent link: https://www.econbiz.de/10011255851
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Optimal Management with Potential Regime Shifts
Polasky, Stephen; Zeeuw, Aart de; Wagener, Florian - Tinbergen Instituut - 2010
future regime shift affects optimal management. We use a simple general growth model to analyze four cases that involve …
Persistent link: https://www.econbiz.de/10011257314
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Is there really a Green Paradox?
Ploeg, Frederick van der; Withagen, Cees - Tinbergen Instituut - 2010
in a Ramsey growth model with exhaustible oil reserves, an infinitelyelastic supply of renewables, stock-dependent oil …
Persistent link: https://www.econbiz.de/10011256971