Showing 1 - 10 of 1,106
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
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10012892286
The increase in sea surface temperature (SST) is one of the primary consequences of climate change and has the potential to impact tuna fisheries. This paper theoretically models and then applies the production function approach to establish a positive but non-linear relationship between catch...
Persistent link: https://www.econbiz.de/10012823563
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 … in both rich and poor countries; positively in cold countries and negatively in hot ones. Weather anomalies reduce …
Persistent link: https://www.econbiz.de/10013239329
selves have different tastes for time alone, time with family, and time with friends. Weather conditions can change the … empirically by drawing on methods from the household economics literature. The test results support the hypothesis that weather …
Persistent link: https://www.econbiz.de/10014348099
Extreme weather events have significant adverse costs for individuals, firms, communities, regional, and national … emissions had changed the occurrence of specific extreme weather events, allows us to quantify the climate …-change-induced component of these costs. We use EEA to aggregate the global economic damage from extreme weather events that is attributable to …
Persistent link: https://www.econbiz.de/10014242787
Transport has significant externalities including carbon emissions and air pollution. Public health research has …
Persistent link: https://www.econbiz.de/10013314801
.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long …
Persistent link: https://www.econbiz.de/10013306954
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %-104 % for different load periods. My results suggest that there …
Persistent link: https://www.econbiz.de/10010420725
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10011932036