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Does financial integration spur economic growth? : New evidence from the first era of financial globalization
Schularick, Moritz (contributor);  … - 2006
Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...
Persistent link: https://www.econbiz.de/10003301349
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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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Trade openness and growth : a network-based approach
Duernecker, Georg; Meyer, Moritz; Vega-Redondo, Fernando - 2021
’s level of integration in the world economy through the full architecture of its second, third, and all other higher …-order connections in the world trade network. We apply our methodology to a sample of 204 countries spanning the period from 1962 to …
Persistent link: https://www.econbiz.de/10012625802
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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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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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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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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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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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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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Diversifying and benchmarking Madagascar
Thorvaldur Gylfason; Nganou, Jean-Pascal Nguessa - 2024
Because excessive specialization can be risky, diversification matters for sustainable development. A case study of Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of production possibilities to illuminate the possible...
Persistent link: https://www.econbiz.de/10015048370