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General knowledge about climate change, factors influencing risk perception and willingness to insure
Menny, Claas; Osberghaus, Daniel; Pohl, Max; Werner, Ute - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
In two empirical surveys in Germany the link between the information respondents have about climate change and their risk perception of the phenomenon was analysed. We found that a better understanding of the effects of climate change might lead to a decrease of the perceived hazard. In...
Persistent link: https://www.econbiz.de/10009369497
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The economics of adaptation to climate change: the case of Germany
Dannenberg, Astrid; Mennel, Tim; Osberghaus, Daniel; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009
Given the ubiquitous scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows us to distinguish between decentralized adaptation by...
Persistent link: https://www.econbiz.de/10008533549
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Total costs and budgetary effects of adaptation to climate change: An assessment for the European Union
Osberghaus, Daniel; Reif, Christiane - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. However, detailed and regionalised cost estimates as a basis for cost-benefit-analyses are rare. We compose available cost estimates for adaptation in Europe, and in particular Germany, Finland...
Persistent link: https://www.econbiz.de/10008548752
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Prospect theory, mitigation and adaptation to climate change
Osberghaus, Daniel - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
stimulate efficient adaptation and mitigation should not exclusively rely on the assumption of the homo oeconomicus, but take … outcomes. This paper systematically reviews what prospect theory can offer to analyse mitigation and adaptation. It is shown …-known puzzles in the climate debate, including (but not limited to) the different uptake of mitigation and adaptation amongst …
Persistent link: https://www.econbiz.de/10010957764
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Long-term impacts of environmental policy and eco-innovative activities of firms
Rennings, Klaus; Rexhäuser, Sascha - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
This paper analyses two aspects of environmental regulations triggered by ecoinnovations. First, whether there are long term effects of regulation on innovation. Second, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer...
Persistent link: https://www.econbiz.de/10008694116
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The impact of regulation-driven environmental innovation on innovation success and firm performance
Rennings, Klaus; Rammer, Christian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
The impact of environmental innovations on firm performance is ambiguous. On the one hand, regulatory-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could profit from lower uncertainty in innovation due to...
Persistent link: https://www.econbiz.de/10008694120
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Unmasking the Porter hypothesis: Environmental innovations and firm-profitability
Rexhäuser, Sascha; Rammer, Christian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
We examine impacts of different types of environmental innovations on firm profits. Following Porter's (1991) hypothesis that environmental regulation can improve firms' competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which...
Persistent link: https://www.econbiz.de/10009149352
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Do first mover advantages for producers of energy efficient appliances exist? The case of refrigerators
Cleff, Thomas; Rennings, Klaus - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Energy efficiency regulation is an important driver for innovations in environmental technologies. Improvements of energy efficiency do not only contribute to reach envi-ronmental policy targets, they can be furthermore economically profitable. E.g. private households can reduce their costs in...
Persistent link: https://www.econbiz.de/10010957703
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Individual adaptation to climate change: The role of information and perceived risk
Osberghaus, Daniel; Finkel, Elyssa; Pohl, Max - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
Given that many of the predicted effects of climate change are considered imminent and unavoidable, the need to mainstream adaptation as a viable coping measure among private households is becoming a topic of increasing importance. However, little research to date has assessed the factors...
Persistent link: https://www.econbiz.de/10008694124
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Elasticity of substitution between clean and dirty energy inputs: A macroeconomic perspective
Papageorgiou, Chris; Saam, Marianne; Schulte, Patrick - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green growth. Until now it has never been systematically estimated. Using a novel panel of...
Persistent link: https://www.econbiz.de/10010957762