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We use recent developments in the empirics of comparative case studies to analyze the effect of binding emission targets under the Kyoto Protocol on the development of CO2 emissions of seven major Annex B countries. In particular, we investigate whether committing to a specific greenhouse gas...
Persistent link: https://www.econbiz.de/10010316044
We empirically analyze the formation of international environmental agreements within a political economy framework. We develop a theoretical model of state dependent net benefits of ratification predicting (i) strategic behavior with respect to the timing of ratification and (ii) that...
Persistent link: https://www.econbiz.de/10010316041
Mitigation and adaptation are the most important strategies in combating global climate change. It is expected that in a post Kyoto world industrialized countries have to engage in greenhouse gas abatement, and to support developing countries in adapting to climate change. Within the framework...
Persistent link: https://www.econbiz.de/10010316063
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10010316064
There is an ongoing discussion especially among political scientists and economists whether and how climate variability affects civil conflicts and wars in developing countries. Given the predicted climatic changes, several studies argue that increasing temperatures or decreasing precipitation...
Persistent link: https://www.econbiz.de/10010316072
qualitative analysis of three options for mitigating the risk of climate mega-catastrophes—drastic abatement of greenhouse gas … the risk of climate change mega-catastrophes. …
Persistent link: https://www.econbiz.de/10008497176
We use behavioral and experimental economics to study a particular aspect of the economics of climate change: the potential tradeoff between countries’ investments in mitigation versus adaptation. While mitigation of greenhouse gases can be viewed as a public good, adaptation to climate change...
Persistent link: https://www.econbiz.de/10010541896
The risk of losing income and productive means due to adverse weather can differ significantly among farmers sharing a … baseline of high levels of risk aversion, we still found that farmers more frequently chose the safe options when the setting … is characterized by unknown risk (that is, poor or unreliable risk information). Second, we found that farmers, to a …
Persistent link: https://www.econbiz.de/10008690223
Owing to the extensive critique of food-crop-based biofuels, attention and hopes have turned toward second-generation wood-based biofuels. An important question is therefore whether wood from boreal forests could serve as a source for biofuels. However, in a typical boreal forest, it takes...
Persistent link: https://www.econbiz.de/10011968407
Over the last half decade, a variety of federal legislative proposals for limiting greenhouse gas (GHG) emissions have been put forward, most of which would set a price on carbon. As of early 2013, the one politically plausible policy appears to be a carbon tax, passed as part of a larger fiscal...
Persistent link: https://www.econbiz.de/10010676258