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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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The demands for environmental regulation and for trade in the presence of private mitigation
Hotte, Louis; Winer, Stanley L. - 2008
equilibrium of a small open economy where the environment is an input to production. Differences in the ability of individuals to … role in the determination of collective choices with respect to the regulation of the environment and of trade. We conclude … by drawing out the implications of the analysis for the study of the political economy of the environment …
Persistent link: https://www.econbiz.de/10010264525
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Inequality and the Environment: The Economics of a Two-Headed Hydra
Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper N.; … - 2021
consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … appraisal. We argue that it is crucial to consider inequality-environment interlinkages even if one’s primarily concern is one …
Persistent link: https://www.econbiz.de/10012799747
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Is There a Green Dividend of National Redistribution?
Gürer, Eren; Weichenrieder, Alfons - 2022
CO2 emissions are disproportionately caused by more affluent consumers. In the political debate, this fact has triggered the demand for income redistribution and wealth taxes not only to reduce inequality but also to reduce CO2 emissions. This paper calculates the possible size of such a green...
Persistent link: https://www.econbiz.de/10013427772
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Transboundary Pollution Control with Both Production and Consumption Emissions
Haruna, Shoji; Goel, Rajeev K. - 2023
This paper adds to the literature on transboundary pollution by considering pollution related to both production and consumption activities. In particular, we consider a symmetric strategic two firm-two country game model with bilateral trade and transboundary pollution to analyze the effects of...
Persistent link: https://www.econbiz.de/10014469689
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The Skyscraper Revolution: Global Economic Development and Land Savings
Ahlfeldt, Gabriel M.; Baum-Snow, Nathaniel; Jedwab, Remi - 2023
Tall buildings are central to facilitating sustainable urbanization and growth in cities worldwide. We estimate average elasticities of city population and built area to aggregate city building heights of 0.12 and -0.17, respectively, indicating that the largest global cities in developing...
Persistent link: https://www.econbiz.de/10014469351
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Double Diversification with an Application to Iceland
Gylfason, Thorvaldur; Wijkman, Per Magnus - 2015
Excessive concentration increases national risk in an uncertain world. This paper views economic and political diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first presents economic and political diversification...
Persistent link: https://www.econbiz.de/10010531861