Showing 1 - 10 of 271
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. I describe and analyze an up- stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with...
Persistent link: https://www.econbiz.de/10004965193
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. In this article, I propose and analyze a scientifically sound, economically rational, and politically feasible approach for the United States to...
Persistent link: https://www.econbiz.de/10004965203
imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the … regulation prevented a green paradox from arising. These results have implications for the design of climate policies. …
Persistent link: https://www.econbiz.de/10010558563
difficulty in further carbon mitigation, inevitable emissions growth due to rising living standards, and coal-dominant energy … centrally-directed policies, the paper in particular discusses ways to incentivize local governments not to focus on economic … growth alone and to move away from a heavy reliance on land concession. The paper ends with emphasizing on putting a price on …
Persistent link: https://www.econbiz.de/10010833948
addition to conventional factors of production to output growth, and thus it should be accounted for in total factor … productivity growth (TFPG) measurement and deducted from the .residual. A theoretical framework of growth accounting methodology … from a panel of 23 OECD countries, we show that emissions. growth have a statistically significant contribution to the …
Persistent link: https://www.econbiz.de/10005392526
North and South. Instrumental variables estimates show that social capital affects growth both directly and through … growth in the Italian regions. …
Persistent link: https://www.econbiz.de/10005570321
In this paper we developed and tested an integrated methodology for assessing direct and indirect economic impacts of flooding. The methodology combines a spatial analysis of damage to physical stocks with a general economic equilibrium approach using a regionally-calibrated (to Italy) version...
Persistent link: https://www.econbiz.de/10010941060
In this paper, we investigate the macroeconomic response to exogenous shocks, namely natural disasters and stochastic productivity shocks. To do so, we make use of an endogenous business cycle model in which cyclical behavior arises from the investment–profit instability; the amplitude of this...
Persistent link: https://www.econbiz.de/10004990067
This article proposes a framework to investigate the consequences of natural disasters. This framework is based on the disaggregation of Input-Output tables at the business level, through the representation of the regional economy as a network of production units. This framework accounts for (i)...
Persistent link: https://www.econbiz.de/10005423134
policies. Further, no green paradox occurs - instead, the carbon tax constitutes a viable green policy, since it postpones …
Persistent link: https://www.econbiz.de/10011268593