Showing 1 - 10 of 811
There is limited public discourse and understanding about the history and science of weather and climate intervention … climate intervention with the aim of answering the question: Why aren’t more economists interested in evaluating weather and …, though scientists have researched, tested and implemented numerous methods of weather modification for six decades. Also …
Persistent link: https://www.econbiz.de/10012872068
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 … variability. The climate effect is larger that the weather effect …
Persistent link: https://www.econbiz.de/10013239329
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel …
Persistent link: https://www.econbiz.de/10013323969
optimal carbon tax in a stochastic dynamic programming implementation of an integrated assessment model of climate change. We … derive a general analytic formula for the “risk premium” governing the resulting climate policy. The formula generalizes …
Persistent link: https://www.econbiz.de/10013217086
Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods … magnitude, and their implications for climate policy in Nordhaus' prominent DICE model, thereby addressing one of its key …
Persistent link: https://www.econbiz.de/10012842678
This paper studies whether private adaptation to flood risk is economically efficient. We estimate the return to … the universe of houses and flood damages in high-risk flood zones in the Atlantic and Gulf Coast United States. We find … homeowners may under-invest in flood protection because the benefits do not accrue over their average tenure. We identify …
Persistent link: https://www.econbiz.de/10014262032
“Prices versus quantities” (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper’s criterion for ranking policies suggests that technological uncertainty favors taxes over cap and...
Persistent link: https://www.econbiz.de/10011932081
other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic …
Persistent link: https://www.econbiz.de/10014534432
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel …
Persistent link: https://www.econbiz.de/10012799647
We introduce a “smart” cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012581980