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The Effects of Weather Shocks on Economic Activity : What are the Channels of Impact?
Acevedo Mejia, Sebastian - 2018
Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise...
Persistent link: https://www.econbiz.de/10012913921
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Crime and the Economy in Mexican States : Heterogeneous Panel Estimates (1993-2012)
Verdugo Yepes, Concepción - 2015
This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state level responses in GDP, FDI and international migration...
Persistent link: https://www.econbiz.de/10013020268
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Evolution of Remittances to CAPDR Countries and Mexico During the COVID-19 Pandemic
Babii, Aleksandra; Carare, Alina; Vasilyev, Dmitry; … - 2022
remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances …
Persistent link: https://www.econbiz.de/10014082955
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A Comprehensive Climate Mitigation Strategy for Mexico
Black, Simon; Kirabaeva, Koralai; Parry, Ian; Raissi, Mehdi - 2022
This paper discusses a comprehensive strategy for implementing Mexico’s climate mitigation commitments. Progressively … increasing carbon prices from current levels of US$3 per ton to US$75 per ton by 2030 would achieve Mexico’s mitigation pledges … climate benefits). Mexico would need a more ambitious 2030 target if it were to follow many other countries in adopting a …
Persistent link: https://www.econbiz.de/10013306740
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Importing Inputs for Climate Change Mitigation : The Case of Agricultural Productivity
García-Verdú, Rodrigo - 2019
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting agricultural TFP are analyzed in detail - imported...
Persistent link: https://www.econbiz.de/10012889166
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The Impact of Natural Resource Discoveries in Latin America and the Caribbean : A Closer Look at the Case of Bolivia
Toscani, Frederik - 2017
This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to...
Persistent link: https://www.econbiz.de/10012960578
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Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers : A Simple Framework
Wiegand, Johannes - 2022
Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a...
Persistent link: https://www.econbiz.de/10013306720
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Creative Destruction During Crises - an Opportunity for a Cleaner Energy Mix
Deb, Pragyan; Furceri, Davide; Ostry, Jonathan D.; … - 2022
Lockdowns resulting from the COVID-19 pandemic have reduced overall energy demand but electricity generation from renewable sources has been resilient. While this partly reflects the trend increase in renewables, the empirical analysis presented in this paper highlights that recessions result in...
Persistent link: https://www.econbiz.de/10013298748
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How Do Public Debt Cycles Interact with Financial Cycles?
Poghosyan, Tigran - 2016
We employ a duration model to study determinants of public debt cycles in 57 advanced and emerging economies over the 1960-2014 period, with a particular focus on the impact of financial cycles. The results suggest that the association between financial and debt cycles is asymmetric. Debt...
Persistent link: https://www.econbiz.de/10012999747
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Probabilistic Sustainability of Public Debt : A Vector Autoregression Approach for Brazil, Mexico, and Turkey
Samake, Issouf - 2015
, Mexico, and Turkey. For each country, we estimate a vector autoregression (VAR) that includes fiscal and macroeconomic …
Persistent link: https://www.econbiz.de/10012750434