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Knowing the Damages is Not Enough : The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias - 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/10012992447
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Justifying Social Discounting: The Rank-Discounted Utilitarian Approach
Zuber, Stéphane; Asheim, Geir B. - CESifo - 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/10008671700
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The Environmental Kuznets Curve and Sustainability: A Panel Data Analysis
Farhani, Sahbi; Mrizak, Sana; Chaibi, Anissa; Rault, … - CESifo - 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/10010765493
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Airport Noise Regulation, Airline Service Quality, and Social Welfare
Brueckner, Jan K.; Girvin, Raquel - 2021
This paper explores the impact of airport noise regulation on airline service quality and airfares. It also characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and their passengers into account. The analysis also...
Persistent link: https://www.econbiz.de/10013317378
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Discounting and Welfare Analysis Over Time : Choosing the à3B7
Buchholz, Wolfgang; Schumacher, Jan - 2021
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/10013316572
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Brown Growth, Green Growth, and the Efficiency of Urbanization
Quaas, Martin F.; Smulders, Sjak - CESifo - 2012
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too large and too few in number in uncoordinated...
Persistent link: https://www.econbiz.de/10010599729
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Pollution, Shadow Economy and Corruption: Theory and Evidence
Biswas, Amit K.; Farzanegan, Mohammad Reza; Thum, Marcel - CESifo - 2011
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may be accompanied by higher pollution levels. Our...
Persistent link: https://www.econbiz.de/10009368501
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Kyoto and Carbon Leakage: An Empirical Analysis of the Carbon Content of Bilateral Trade
Aichele, Rahel; Felbermayr, Gabriel J. - CESifo - 2011
Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex-post evaluation of the Protocol. We derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of...
Persistent link: https://www.econbiz.de/10009371350
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Democracy, Inequality and the Environment when Citizens can Mitigate Privately or Act Collectively
Bernard, Sophie; Hotte, Louis; Winer, Stanley L. - CESifo - 2010
We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is that of a small open economy in which...
Persistent link: https://www.econbiz.de/10008727301
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Carbon Tariffs: An Analysis of the Trade, Welfare and Emission Effects
Larch, Mario; Wanner, Joschka - CESifo - 2014
Carbon tariffs are one prominently discussed climate policy. The proponents stress the carbon tariffs’ ability to restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on trade, welfare, and carbon emissions in a structural...
Persistent link: https://www.econbiz.de/10011165507