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A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: A global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is...
Persistent link: https://www.econbiz.de/10012711532
The objective of this paper is to review the relevant theoretical and empirical literature to provide a conceptual and methodological background for the analysis of the consequences of ICT use and globalisation on the regional economies in the European Union. We highlight the key aspects of ICT...
Persistent link: https://www.econbiz.de/10010277670
The stability of the labour share of income is a fundamental feature of macroeconomic models, with broad implications for the shape of the production function, inequality, and macroeconomic dynamics. However, empirically, this share has been slowly declining in many countries for several...
Persistent link: https://www.econbiz.de/10012606208
This paper maps out the trade relationship in goods between the two largest trading blocs in the global economy - the EU and US. We use detailed product category information to provide an in-depth description of current trade flows between the two markets, with a particular focus on how Irish-US...
Persistent link: https://www.econbiz.de/10012606242
Persistent link: https://www.econbiz.de/10010265470
Previous versions of the FUND model assumed, like many integrated assessment models, that the carbon cycle is independent of climate change. I here introduce a feedback through which warming leads to higher net emissions. This increases the atmospheric concentration of carbon dioxide in the year...
Persistent link: https://www.econbiz.de/10010277549
year 2100, while its ratio to the world GDP is 0.0007%. The paper also shows various sensitivity runs exhibiting up to 4 …
Persistent link: https://www.econbiz.de/10010277566
Global climate change will increase outdoor and indoor heat loads, and may impair health and productivity for millions of working people. This study applies physiological evidence about effects of heat, climate guidelines for safe work environments, climate modelling and global distributions of...
Persistent link: https://www.econbiz.de/10010277567
I review the literature on the economic impacts of climate change, an externality that is unprecedentedly large, complex, and uncertain. Only 14 estimates of the total damage cost of climate change have been published, a research effort that is in sharp contrast to the urgency of the public...
Persistent link: https://www.econbiz.de/10010277570
year 2100, while the ratio to world GDP is 0.006%. The US and China account for much of the absolute damage, whereas small …
Persistent link: https://www.econbiz.de/10010277594