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The economic effects of climate change vary across both time and space. To study these effects, this paper builds a global economy-climate model featuring a high degree of geographic resolution. Carbon emissions from the use of energy in production increase the Earth's (average) temperature and...
Persistent link: https://www.econbiz.de/10013361992
We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...
Persistent link: https://www.econbiz.de/10013435149
depletion? How does globalization affect air and water pollution? Do trade and investment create a race to the bottom in …
Persistent link: https://www.econbiz.de/10012533346
indicates that strengthening a country's institutions decreases its pollution through relocating dirty industries abroad, though … increases pollution in other countries. Fifth, cross-country differences in the composition of output between clean and dirty … countries have relatively high pollution levels …
Persistent link: https://www.econbiz.de/10014421193
We study the relationship between water nutrient pollution and U.S. agriculture using data between the early 1970s and …
Persistent link: https://www.econbiz.de/10013334343
This paper estimates the value of urban trees. The empirical strategy exploits an ecological catastrophe -- the Emerald Ash Borer (EAB) infestation in Toronto to isolate exogenous variation in neighborhood tree canopy changes. Adding one tree to a postcode increases property prices by 0.40%; the...
Persistent link: https://www.econbiz.de/10014468263
states of the world in order to calculate the optimal tax, the regulator here estimates damages as they are realized and …
Persistent link: https://www.econbiz.de/10013435097
temperature leads to a 12% decline in world GDP. Global temperature shocks correlate much more strongly with extreme climatic …
Persistent link: https://www.econbiz.de/10014544728
Economic policies often involve dynamic interventions, where individuals receive repeated interventions over multiple periods. This dynamics makes past responses informative to predict future responses and ultimate outcomes depend on the history of interventions. Despite these phenomena,...
Persistent link: https://www.econbiz.de/10014576590
pollution are low. In this case RJVs fully share information and internalize the associated externality. However when the level …
Persistent link: https://www.econbiz.de/10012471483