Showing 1 - 10 of 461
Persistent link: https://www.econbiz.de/10003497662
projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily … rates of 15 ecosystem services and the degree of limited substitutability based on a meta-analysis of 36 willingness to pay … studies in Germany. We find that the relative price of ecosystem services has increased by more than four percent per year in …
Persistent link: https://www.econbiz.de/10013168021
” being fully rational has traction in forestry. …
Persistent link: https://www.econbiz.de/10012015877
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...
Persistent link: https://www.econbiz.de/10012643539
agriculture, fisheries and forestry, though these schemes could also be applied more widely. …
Persistent link: https://www.econbiz.de/10012433898
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10010468577
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012643549
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor's presence may induce institutional change. Deforestation...
Persistent link: https://www.econbiz.de/10010515399
This policy note investigates whether the current level of public support to environment-friendly technologies is …
Persistent link: https://www.econbiz.de/10010519926
The paper derives the optimal carbon tax in closed-form from an integrated assessment of climate change. The formula shows how carbon, temperature, and economic dynamics quantify the optimal mitigation effort. The model's descriptive power is comparable to numeric models used in policy advising....
Persistent link: https://www.econbiz.de/10011305430