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Can a growing world be fed when the climate is changing?
Dietz, Simon; Lanz, Bruno - 2019 - This version: November 2019
sector, endogenous fertility, directed technical change and fossil/renewable energy. We estimate the world economy is more … novel approach to quantifying climate impacts, based on a model of the global economy structurally estimated on the period … than one trillion dollars smaller, and world population more than 80 million smaller, than would have been the case without …
Persistent link: https://www.econbiz.de/10012138747
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Long-term macroeconomic effects of climate change : a cross-country analysis
Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019
world real GDP per capita by 7.22 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the …
Persistent link: https://www.econbiz.de/10012031151
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Long-term growth effects of natural disasters : empirical evidence for droughts
Berlemann, Michael; Wenzel, Daniela - 2015
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506
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The macroeconomics of clean energy subsidies
Casey, Gregory; Jeon, Woongchan; Traeger, Christian - 2023
We study clean energy subsidies in a quantitative climate-economy model. Clean en-ergy subsidies decrease carbon …
Persistent link: https://www.econbiz.de/10014444067
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The economic impact of weather and climate
Tol, Richard S. J. - 2021
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 test it on a sample of 160 countries over the period...
Persistent link: https://www.econbiz.de/10012486667
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A meta-analysis of the total economic impact of climate change
Tol, Richard S. J. - 2022
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results: (1) The central estimate of the economic impact of global warming is always negative. (2) The confidence interval about the estimates is much wider. (3) Elicitation methods are most...
Persistent link: https://www.econbiz.de/10013362448
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Economic growth and climate change : many trajectories, many destinations
Steger, Thomas M.; Trimborn, Timo - 2024
To gain insights into the mechanisms that shape the interaction between economic growth and climate change, we analyze the simplified DICE through the lens of growth theory. We analytically show that this model exhibits a continuum of saddle-point stable steady states, a property that carries...
Persistent link: https://www.econbiz.de/10014514947
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Climate change expectations and endogenous economic growth in the DICE model
Ciesielski, Anna - 2019
This paper studies the investment based growth rate effects of climate change. The analysis is based on the Integrated Assessment Model DICE by Nordhaus (2008). I depart from the original model, in that endogenous investments into a knowledge stock drive economic growth. Due to a negative...
Persistent link: https://www.econbiz.de/10012038982
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Optimal carbon abatement in a stochastic equilibrium model with climate change
Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. - 2015
Persistent link: https://www.econbiz.de/10010510666
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Mitigating disaster risks to sustain growth
Hong, Harrison G.; Wang, Neng; Yang, Jinqiang - 2020
Persistent link: https://www.econbiz.de/10012231925