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There is a growing literature measuring research excellence in economics. The h-index is noteworthy in combining quantity and research quality in a single measure of researcher excellence, and its ability to be extended to measure the quantity and quality of the researchers in a department. We...
Persistent link: https://www.econbiz.de/10003610891
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/10003828261
. Next, a meta-analysis is applied to determine the economic value of coral reefs around the world. Finally, these two …
Persistent link: https://www.econbiz.de/10003815102
I study the feasibility of stringent targets for stabilizing ambient greenhouse gas concentrations. Climate policy has diminishing returns, and there is therefore a maximum to what can be achieved. The success of climate policy is hampered if the terrestrial biosphere turns from a carbon sink to...
Persistent link: https://www.econbiz.de/10003815117
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/10003770241
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/10003770256
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/10003770272
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/10003799689
It is well-known that the discount rate is crucially important for estimating the social cost of carbon, a standard indicator for the seriousness of climate change and desirable level of climate policy. The Ramsey equation for the discount rate has three components: the pure rate of time...
Persistent link: https://www.econbiz.de/10003799702
The Intergovernmental Panel on Climate Change has a monopoly on the provision of climate policy advice at the international level and a strong market position in national policy advice. This may have been the intention of the founders of the IPCC. I argue that the IPCC has a natural monopoly, as...
Persistent link: https://www.econbiz.de/10008688870