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The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable … temperature increase in the relevant year and with a crop-growth model estimating climate change impact on cereal productivity …. The main results of the study point out on the one hand the limited influence of climate change on world food supply and …
Persistent link: https://www.econbiz.de/10010312261
This paper distinguishes relative risk aversion and resistance to intertemporal substitution in climate risk modelling …. Stochastic recursive preferences are introduced in a stylised numeric climate-economy model using preliminary IPPC 1998 scenarios …
Persistent link: https://www.econbiz.de/10011608555
changes in some key characteristics of the Italian climate were undertaken. The hedonic price models were specified both in … empirical support to the hypothesis that amenity values for climate are embedded in residential property prices. Italians would … typically prefer a dryer, sunnier climate than at present, warmer in the winter and slightly cooler during the summer. The …
Persistent link: https://www.econbiz.de/10011608285
This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...
Persistent link: https://www.econbiz.de/10011608327
This paper explores the relationship between rationality and equity in an intergenerational context of greenhouse gas emission reduction. It is shown that the least-cost trajectory to a constraint on cumulative emissions implies an upward-sloping emission reduction effort, in most cases, whether...
Persistent link: https://www.econbiz.de/10011608371
international agreement on climate change control. The stable coalition structure of the game is defined and then computed for a … climate game in which the role of carbon leakage is also taken into account. At the equilibrium, a coalition may emerge … despite the public good nature of climate. The size of the coalition depends on the degree of interdependence of countries …
Persistent link: https://www.econbiz.de/10011608390
region affected worst by climate change. Optimal emission abatement varies greatly depending on the spatial and temporal … are reduced so as to equalise total costs and benefits of climate change over the world and over time. Emission reductions … are substantial. This method approximately preserves the inequities that would occur in a world without climate change …
Persistent link: https://www.econbiz.de/10011608505
climate change. Kyoto demands that developed nations turn their economies so as to hit differentiated, sub-1990 level carbon …
Persistent link: https://www.econbiz.de/10011608508
Questions of burden sharing receive increasing attention in the climate change regime. This paper introduces the WESA …, the WESA-mechanism will be applied to the fair division of climate protection burdens and illustrated quantitatively with …
Persistent link: https://www.econbiz.de/10011608509
discuss some practical implications of the transfer scheme for current climate negotiations. …
Persistent link: https://www.econbiz.de/10011608534