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Relative Prices and Climate Policy : How the Scarcity of Non-Market Goods Drives Policy Evaluation
Drupp, Moritz A. - 2020
Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
Persistent link: https://www.econbiz.de/10012842678
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The Economic Impact of Weather and Climate
Tol, Richard S.J - 2021
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I test it on a sample of 160 countries over the period...
Persistent link: https://www.econbiz.de/10013239329
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Europe Beyond Coal - An Economic and Climate Impact Assessment
Boehringer, Christoph - 2020
Several European countries have decided to phase out coal power generation. Emissions from electricity generation are already regulated by the EU Emissions Trading System (ETS), and in some countries like Germany the phaseout of coal will be accompanied with cancellation of emissions allowances....
Persistent link: https://www.econbiz.de/10012828789
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Climate Change Mitigation : How Effective is Green Quantitative Easing?
Abiry, Raphael; Ferdinandusse, Marien; Ludwig, Alexander; … - 2022
We develop a two sector incomplete markets integrated assessment model to analyse the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding stock of private assets held by a monetary authority and...
Persistent link: https://www.econbiz.de/10014081044
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Climate Change and Economic Activity : Evidence from U.S. States
Mohaddes, Kamiar; C. Ng, Ryan N.; Pesaran, M. Hashem; … - 2022
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10013306954
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The Global Costs of Extreme Weather that are Attributable to Climate Change
Newman, Rebecca; Noy, Ilan - 2022
Extreme weather events have significant adverse costs for individuals, firms, communities, regional, and national economies. Extreme Event Attribution (EEA), a methodology that examines the degree to which anthropogenic greenhouse gas emissions had changed the occurrence of specific extreme...
Persistent link: https://www.econbiz.de/10014242787
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Designing Instrument Packages for the Low-Carbon Transition : An Evaluation Framework with an Application to Austria
van der Werf, Edwin; Vollebergh, Herman R.J; Vogel, Johanna - 2021
commercial (buildings) sector in an ambitious country, Austria …
Persistent link: https://www.econbiz.de/10013217087
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Price Effects of the Austrian Fuel Price Fixing Act : A Synthetic Control Study
Becker, Maike; Pfeifer, Gregor; Schweikert, Karsten - 2021
whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria’s Fuel … estimate Austria’s price trends in absence of the intervention. Our empirical results suggest, that immediately after the Fuel … prices appears to be less pronounced and amounts to 6.6% lower prices. Austria’s fuel price regulation seems to have been …
Persistent link: https://www.econbiz.de/10013250741
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What Role for Electric Vehicles in the Decarbonization of the Car Transport Sector in Europe?
Littlejohn, Christina - 2019
The transport sector is the only sector where carbon emissions continue to grow. This has led policy makers to propose ambitious policies to reduce emissions in the car sector, in particular fuel efficiency standards, portfolio mandates for Electric Vehicles and purchase taxes or subsidies. A...
Persistent link: https://www.econbiz.de/10012861385
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Does Climate Change Make Foodgrain Yields More Unpredictable? Evidence from India
Verma, Saumya - 2020
How would climate change affect India's agriculture which accounts for sixty percent of employment? We study the impact of climate change on the level and variability of yields of rice (India's major food crop) and two key millet crops (sorghum and pearl millet), using an all India district...
Persistent link: https://www.econbiz.de/10012839358