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A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...
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Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil energy until 2100 in Europe. Major innovations are first that economic growth is based on an endogenous economic growth model and second that we calibrate our model to...
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the EU. There is meanwhile a large quantitative literature on the economic effects of full integration of the associated … countries into the EU as well as on the Kyoto Protocol. However, there is a lack of quantitative research on the linkage of … trade and the environment in the context of the EU enlargement. In this paper we analyze the interactions of different …
Persistent link: https://www.econbiz.de/10013428434
differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price … – both in Germany and other EU countries. The trend is more pronounced in Germany than in the rest of the EU. In …
Persistent link: https://www.econbiz.de/10014472797
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10013051384