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Climate Damages in Convergence-Consistent Growth Projections

Harding, Anthony; Moreno Cruz, Juan; Quaas, Martin F.; … - 2023

Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...

Persistent link: https://www.econbiz.de/10014347833

Economic Growth and Pollutant Emissions : New Panel Evidence from the Union for the Mediterranean Countries

Ben Abdeljelil, Mouna; Rault, Christophe; Belaîd, Fateh - 2023

This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...

Persistent link: https://www.econbiz.de/10014262471

The Globalisation-Welfare State Nexus : Evidence from Asia

Potrafke, Niklas - 2019

expenditures in Asia. Neither do the results suggest that the nexus between globalisation and social expenditures varied across …

Persistent link: https://www.econbiz.de/10012892254

Decentralized Environmental Regulations and Plant-Level Productivity

Ghosal, Vivek - 2018

regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

Persistent link: https://www.econbiz.de/10012908663

Green Governments

Potrafke, Niklas; Wuthrich, Kaspar - 2021

We examine how Green governments influence macroeconomic, education, and environmental outcomes. We exploit that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. Using the synthetic control method, we find...

Persistent link: https://www.econbiz.de/10013227483

Conservation by Lending

Harstad, Bård; Storesletten, Kjetil - 2023

This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...

Persistent link: https://www.econbiz.de/10014346959

Think Locally, Act Locally : Spillovers, Spillbacks, and Efficient Decentralized Policymaking

Ogawa, Hikaru; Wildasin, David E. - 2021

In this paper, we analyze a class of models in which there are interjurisdictional spillovers among heterogeneous jurisdictions, as illustrated for instance by CO2 emissions that affect the global environment. Each jurisdiction's emissions depend upon the local stock of private capital. Capital...

Persistent link: https://www.econbiz.de/10013316740

Policies to Internalize Reciprocal International Spillovers

Altemeyer-Bartscher, Martin; Rübbelke, Dirk T. G.; … - 2021

An effective policy scheme to overcome the suboptimal low provision levels of global public goods is developed in this paper. By suggesting a decentralized approach to raise environmental public good provision levels we take account of the lack of a coercive global authority that is able to...

Persistent link: https://www.econbiz.de/10013316908

Democracy, inequality and the environment when citizens can mitigate privately or act collectively

Bernard, Sophie; Hotte, Louis; Winer, Stanley L. - 2010

either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public … ordinary citizens. The recognition that the health consequences of pollution can be dealt with privately at a cost adds an … private mitigation is feasible, inequality of incomes leads to an unequal distribution of the health burden of pollution (in …

Persistent link: https://www.econbiz.de/10010274898

Regulating Stock Externalities

Gerlagh, Reyer - 2019

We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...

Persistent link: https://www.econbiz.de/10012892203