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Knowing the damages is not enough : the general equilibrium impacts of climate change

Kalkuhl, Matthias; Edenhofer, Ottmar - 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/10011454039

Understanding climate damages : consumption versus investment

Casey, Gregory; Fried, Stephie; Gibson, Matthew - 2021

Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...

Persistent link: https://www.econbiz.de/10012796993

Prevention and mitigation of epidemics : biodiversity conservation and confinement policies

Augeraud-Véron, Emmanuelle; Fabbri, Giorgio; Schubert, … - 2020

This paper presents a ﬁrst model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...

Persistent link: https://www.econbiz.de/10012263718

Public policies against global warming

Sinn, Hans-Werner (contributor) - 2007

Persistent link: https://www.econbiz.de/10003598834

A microfoundation of predator-prey dynamics

Eichner, Thomas; Pethig, Rüdiger - 2003

behave as if they maximize their net biomass subject to constraints which express the organisms risk of being preyed upon … during predation. Like consumers, organisms face a budget constraint requiring their expenditure on prey biomass not to … exceed their revenue from supplying own biomass. Short-run ecosystem equilibria are defined and derived. The net biomass …

Persistent link: https://www.econbiz.de/10011507918

Issue linkage and issue tie-in in multilateral negotiations

Conconi, Paola; Perroni, Carlo - 2001

We describe a model of international, multidimensional policy coordination where countries can enter into selective and separate agreements with different partners along different policy dimensions. The model is used to examine the implications of negotiation tie-in - the requirement that...

Persistent link: https://www.econbiz.de/10011400892

Nature, power, and growth

Thorvaldur Gylfason - 2001

This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...

Persistent link: https://www.econbiz.de/10011397924

Household vulnerability on the frontline of climate change : the pacific atoll nation of Tuvalu

Taupo, Tauisi; Cuffe, Harold; Noy, Ilan - 2016

This paper investigates the vulnerability of households to climatic disasters in the low-lying atoll nation of Tuvalu. Small Island Developing States, particularly the atoll islands, are considered to be the most vulnerable to climatic change, and in particular to sea-level rise and its...

Persistent link: https://www.econbiz.de/10011547889

Resolving intergenerational conflict over the environment under the Pareto criterion

Andersen, Torben M.; Bhattacharya, Joydeep; Liu, Pan - 2016 - This Version: August 10, 2016

We describe a "business as usual" (BAU) economy in which pollution is a by-product of productive activity by the current generation but "damages" production for future generations. Over time, conditions in the BAU economy become dire: it gets increasingly polluted, consumption falls and...

Persistent link: https://www.econbiz.de/10011522140

The consequences of unilateral withdrawals from the Paris Agreement

Larch, Mario; Wanner, Joschka - 2019

We develop a multi-sector structural trade model with emissions from production and a con- stant elasticity of fossil fuel supply function to simulate the consequences of unilateral withdrawals from the Paris Agreement. Taking into account both direct and leakage effects, we find that a US...

Persistent link: https://www.econbiz.de/10012065052

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