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Should green governments give priority to environmental policies over growth-enhancing policies?
Economides, George; Philippopoulos, Apostolis - 2005
This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...
Persistent link: https://www.econbiz.de/10010261160
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Knowing the Damages is not Enough: The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias; Edenhofer, Ottmar - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10011480445
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Prevention and Mitigation of Epidemics: Biodiversity Conservation and Confinement Policies
Augeraud-Véron, Emmanuelle; Fabbri, Giorgio; Schubert, … - 2020
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012269576
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Understanding Climate Damages: Consumption versus Investment
Casey, Gregory P.; Fried, Stephie; Gibson, Matthew - 2021
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10013177533
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Prevention and Mitigation of Epidemics : Biodiversity Conservation and Confinement Policies
Augeraud-Véron, Emmanuelle - 2020
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012824824
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Discounting and welfare analysis over time: choosing the [eta]
Buchholz, Wolfgang; Schumacher, Jan - 2008
social welfare function. We support this position by showing that, also from the view point of sustainability, application of …
Persistent link: https://www.econbiz.de/10010264313
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The Environmental Kuznets Curve and Sustainability: A Panel Data Analysis
Farhani, Sahbi; Mrizak, Sana; Chaibi, Anissa; Rault, … - 2014
In recent years, sustainability has represented one of the most important policy goals explored in the environmental … specification, namely modified EKC (MEKC), we show that there is an inverted U-shape relationship between sustainability and human …. More interestingly, findings from the estimation show that EKC hypothesis, HD and sustainability are crucial to build …
Persistent link: https://www.econbiz.de/10010352429
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Justifying social discounting: The rank-discounted utilitarian approach
Zuber, Stéphane; Asheim, Geir B. - 2010
The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...
Persistent link: https://www.econbiz.de/10010274972
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The Transition to Renewable Energy
Mason, Charles F.; Chassé, Rémi Morin - 2018
The existing economics literature neglects the important role of capacity in the production of renewable energy. To fiill this gap, we construct a model in which renewable energy production is tied to renewable energy capacity, which then becomes a form of capital. This capacity capital can be...
Persistent link: https://www.econbiz.de/10011815782
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A Tale of Two Roads: Groundwater Depletion in the North China Plain
Chakravorty, Ujjayant; Deng, Xiangzheng; Gong, Yazhen; … - 2023
causal effect of infrastructure on the sustainability of natural resources. We examine the effect of the arrival of two new …
Persistent link: https://www.econbiz.de/10014377613