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The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable general equilibrium model. Peculiar to this exercise is the coupling of the economic model with a climatic model forecasting temperature increase in the relevant year and with...
Persistent link: https://www.econbiz.de/10010312261
I compare and contrast five climate scenarios: (1) no climate policy; (2) non-cooperative cost-benefit analysis (NC CBA); (3) NC CBA with international permit trade; (4) NC CBA with joint and several liability for climate change damages; and (5) NC CBA with liability proportional to a country's...
Persistent link: https://www.econbiz.de/10010312407
Over the last twenty years, climate change has become an increasing concern for scientists, public opinions and policy makers. Due to the pervasive nature of its impacts for many important aspects of human life, climate change is likely to influence and be influenced by the most diverse policy...
Persistent link: https://www.econbiz.de/10010312251
(EU ETS), i.e. in the world's first experience with allocating carbon allowances to sub-national entities. We discuss the … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …
Persistent link: https://www.econbiz.de/10010312262
Agricultural and forestry activities cover the majority of the EU territory: in particular agriculture is the main lad … use type, accounting for more than 41% of the land use in the EU15, while in the new Member States this share ranges …
Persistent link: https://www.econbiz.de/10010312308
This paper proposed a methodological framework for the assessment of carbon stocks and the development and identification of land use, land use change and land management scenarios, whereby enhancing carbon sequestration synergistically increases biodiversity, the prevention of land degradation...
Persistent link: https://www.econbiz.de/10010312560
The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world's first … participation and flexible abatement strategies make the EU ETS a powerful instrument of cross sectoral integration of environmental … governance. The EU ETS shows characteristics of the decision making processes and institutions engaged, the tools and instruments …
Persistent link: https://www.econbiz.de/10010312622
The present research offers an economic assessment of climate change impacts on the four major crop families characterizing Nigerian agriculture, covering more than 80% of agricultural value added. The evaluation is performed shocking land productivity in a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10010294279
Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that...
Persistent link: https://www.econbiz.de/10010326565
Ricardian (hedonic) analyses of the impact of climate change on farmland values typically assume additively separable effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions. We investigate the potential bias induced by such...
Persistent link: https://www.econbiz.de/10010328685