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Re-estimating the relationship between inequality and growth
Scholl, Nathalie; Klasen, Stephan - 2016
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011536734
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Divergence in State-Level Per Capita Carbon Dioxide Emissions
Aldy, Joseph - 2006
Decisionmakers considering policies to mitigate climate change will benefit from information about current and future distributions of carbon dioxide (CO2) emissions. Examining the emissions dynamics of advanced economies that have experienced income convergence could provide insights about how...
Persistent link: https://www.econbiz.de/10005442433
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Per Capita Carbon Dioxide Emissions: Convergence or Divergence?
Aldy, Joseph - 2005
Understanding and considering the distribution of per capita carbon dioxide (CO2) emissions is important in designing international climate change proposals and incentives for participation. I evaluate historic international emissions distributions and forecast future distributions to assess...
Persistent link: https://www.econbiz.de/10005448625
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Status Preferences and Economic Growth
Howarth, Richard B.; Brekke, Kjell Arne - 1998
This paper examines the implications of status-seeking behavior for long-term growth in a competitive economy. We … consumption. In a Ramsey growth model in which preferences are altered to include a concern for relative consumption, status … consumption growth rates in accordance with the elasticity of substitution between consumption and status. In the case where …
Persistent link: https://www.econbiz.de/10011968011
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Inequality and aggregate savings in the neoclassical growth model
Foellmi, Reto - 2010
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality …
Persistent link: https://www.econbiz.de/10010316050
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The Unholy Trinity: Fat Tails, Tail Dependence, and Micro-Correlations
Kousky, Carolyn; Cooke, Roger M. - 2009
Recent events in the financial and insurance markets, as well as the looming challenges of a globally changing climate point to the need to re-think the ways in which we measure and manage catastrophic and dependent risks. Management can only be as good as our measurement tools. To that end,...
Persistent link: https://www.econbiz.de/10008497181
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Climate Change and Production Risk in Chinese Aquaculture
Holst, Rainer; Yu, Xiaohua - 2011
Drawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C...
Persistent link: https://www.econbiz.de/10010329909
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Climate Change, Risk and Grain Production in China
Holst, Rainer; Yu, Xiaohua; Grün, Carola - 2011
This paper employs the production function-based method proposed by Just and Pope (1978, 1979) to explicitly analyze production risk in the context of Chinese grain farming and climate change, and test for potential endogeneity of climate factors in Chinese grain production. Our results indicate...
Persistent link: https://www.econbiz.de/10010329992
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Regional Agreements to Address Climate Change: Scope, Promise, Funding, and Impacts
Butzlaff, Iris; Grunewald, Nicole; Klasen, Stephan - 2013
There is a large number of regional agreements concerning Greenhouse Gas (GHG) emissions, often linked to other regional integration agreements. The most successful one in making effort in reducing carbon emissions is the Emission Trading System by the European Union (EU ETS). Apart from this...
Persistent link: https://www.econbiz.de/10010330032
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Regulation in the presence of adjustment costs and resource scarcity. Transition dynamics and intertemporal effects
Storrøsten, Halvor Briseid - 2017
This paper examines regulation in the presence of adjustment costs and resource scarcity, allowing for imperfectly informed firms. I find strong evidence that announcement of future environmental regulation will reduce current emissions in the combined presence of resource scarcity and...
Persistent link: https://www.econbiz.de/10011968634