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The IPCC Shared Socioeconomic Pathways (SSPs) : Explained, Evaluated, Replaced
Welch, Ivo - National Bureau of Economic Research - 2024
Shared socioeconomic pathways (SSPs) are perhaps the most influential economic policy analyses today. My paper evaluates their development, natural associations, logical consequences, and economic identification. All five SSP baseline scenarios are predicting scenarios that historical...
Persistent link: https://www.econbiz.de/10014512032
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Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution
Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023
We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...
Persistent link: https://www.econbiz.de/10014372414
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How Much Will Global Warming Cool Global Growth?
Nath, Ishan B.; Ramey, Valerie A.; Klenow, Peter J. - National Bureau of Economic Research - 2024
Does a permanent rise in temperature decrease the level or growth rate of GDP in affected countries? Differing answers to this question lead prominent estimates of climate damages to diverge by an order of magnitude. This paper combines indirect evidence on economic growth with new empirical...
Persistent link: https://www.econbiz.de/10014635723
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The Macroeconomic Impact of Climate Change : Global vs. Local Temperature
Bilal, Adrien; Känzig, Diego R. - National Bureau of Economic Research - 2024
This paper estimates that the macroeconomic damages from climate change are six times larger than previously thought. We exploit natural variability in global temperature and rely on time-series variation. A 1°C increase in global temperature leads to a 12% decline in world GDP. Global...
Persistent link: https://www.econbiz.de/10014544728
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Climate Change, Population Growth, and Population Pressure
Henderson, J. Vernon; Jang, Bo Yeon; Storeygard, Adam; … - National Bureau of Economic Research - 2024
We develop a novel method for assessing the effect of constraints imposed by spatially-fixed natural resources on aggregate economic output. We apply it to estimate and compare the projected effects of climate change and population growth over the course of the 21st century, by country and...
Persistent link: https://www.econbiz.de/10014486236
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Institutions, Comparative Advantage, and the Environment
Shapiro, Joseph S. - National Bureau of Economic Research - 2023
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
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Pace of Adoption of Alternatives to Animal-Source Foods and Climate Goals
Hale, Galina; Onescu, Vlad; Bhangale, Ritesh - National Bureau of Economic Research - 2024
The global food system is an important contributor to greenhouse gas emissions that lead to climate change. Animal agriculture is responsible for a large share of the food-system emissions, both directly and through the production of animal feed. Limiting global warming to the goals set forth by...
Persistent link: https://www.econbiz.de/10014635699
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On the Geographic Implications of Carbon Taxes
Conte, Bruno; Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022
A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...
Persistent link: https://www.econbiz.de/10013462726
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Improved Transportation Networks Facilitate Adaptation to Pollution and Temperature Extremes
Barwick, Panle Jia; Donaldson, Dave; Li, Shanjun; Lin, … - National Bureau of Economic Research - 2022
The social costs of pollution and climate change hinge critically on humans' ability to adapt. Based on transaction … HSR reduces travelers' exposure to extreme air pollution and temperature by 7% and 10%, leading to substantial health …
Persistent link: https://www.econbiz.de/10013388818
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Climate Change Around the World
Krusell, Per; Smith, Anthony A. - National Bureau of Economic Research - 2022
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