Showing 1 - 10 of 2,128
general equilibrium model reveal that good policies can help countries cope with negative weather shocks to some extent … global warming-could limit the adverse macroeconomic consequences of weather shocks in a long-lasting way …
Persistent link: https://www.econbiz.de/10012103566
agricultural TFP are analyzed in detail - imported intermediate inputs and climate. We first show that these two factors are … weather shocks …
Persistent link: https://www.econbiz.de/10012009267
Persistent link: https://www.econbiz.de/10011281172
minimum electricity consumption is around 14.6 degree C for the world and it is higher in urban and more industrial areas; and … large electricity deficit already, are particularly vulnerable to climate change: a 1 degree C increase in temperature is …
Persistent link: https://www.econbiz.de/10012517931
Weather-related natural disasters and climate change pose interrelated macro-fiscal challenges. Using panel … the dynamic adjustment path of growth and key fiscal variables after severe weather-related disasters. It does not only …
Persistent link: https://www.econbiz.de/10011763539
constraint, macroeconomic policy and institutional capacity. This paper extends the literature by arguing that climate shocks may … improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce … resilience to climate change. Actions are also needed at global level to reduce greenhouse gases emissions, and build strong …
Persistent link: https://www.econbiz.de/10012605579
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find...
Persistent link: https://www.econbiz.de/10014400694
Not anytime soon. Using a novel dataset covering 127 countries and spanning two centuries, we find evidence for an energy Kuznets curve, with an initial decline of energy demand at low levels of per capita income followed by stages of acceleration and then saturation at high-income levels....
Persistent link: https://www.econbiz.de/10012392616
Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet …'s habitability. A just transition to a low-carbon economy is the only viable way forward. This paper reviews the climate change … challenge. It stresses the criticality of systems changes (energy, transport, urban, land use, water) in a climate …
Persistent link: https://www.econbiz.de/10012612346
Climate change is an existential threat to the world economy like no other, with complex, evolving and nonlinear … dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change …, but research on how climate change affects sovereign risks is limited. Building on our previous research focusing on the …
Persistent link: https://www.econbiz.de/10012486104