Showing 1 - 10 of 74
This paper discusses the role that trade can potentially play in both negotiating and operating a post Kyoto/post 2012 … global climate policy regime. As an addition to the bargaining set for a global climate negotiation, trade in principle … global climate regime. The reverse is also true, that in a linked climate-trade-finance global policy coordination structure …
Persistent link: https://www.econbiz.de/10012461159
We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about arrival rates and spend to mitigate future damages. Mitigation cannot be decentralized due to positive externalities from curtailing aggregate risks. First-best can be implemented...
Persistent link: https://www.econbiz.de/10012482023
climatic changes on economic activity throughout the world. We find three primary results. First, higher temperatures …
Persistent link: https://www.econbiz.de/10012464514
Climate change effects on agricultural yields will be uneven over the world with a few countries, mostly in high … international trade in attenuating the effects of climate change by allowing the expression of the new climate-induced pattern of … comparative advantages. To do this, we develop a quantitative general equilibrium trade model where the representation of acreage …
Persistent link: https://www.econbiz.de/10012480872
dataset covering the whole world at 10-year frequency during the period 1970-2000. We find that rising temperatures reduce …
Persistent link: https://www.econbiz.de/10012479679
Reductions in greenhouse gas emissions are a global public good, which makes it efficient to act globally when addressing this challenge. We lay out several reasons that high-income countries seeking to mitigate climate change might have greater impact if they invest their resources in...
Persistent link: https://www.econbiz.de/10014322808
We survey the microeconomics literature that studies how firms in the developing world are adapting to extreme weather … where and how to produce and who to trade with. We study how expectations, market structure and firm heterogeneity determine …
Persistent link: https://www.econbiz.de/10015056174
Land-use changes involve important economic and environmental effects with implications for international trade, global …
Persistent link: https://www.econbiz.de/10012465075
economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … highlight have framed much of the ongoing discussion and research on the Kyoto protocol our viewpoint from trade theory suggests … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …
Persistent link: https://www.econbiz.de/10012471110
dispersion by increasing the correlation between a country's productivity and its gains from trade. We causally validate this … prediction using a global climatic phenomenon as a natural experiment. We find that gains from trade in cereals over the last …
Persistent link: https://www.econbiz.de/10012479403