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The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011547506
Polar amplification is an established scientific fact which has been associated with the surface albedo feedback and to heat and moisture transport from the Equator to the Poles. In this paper we unify a two-box climate model, which allows for heat and moisture transport from the southern region...
Persistent link: https://www.econbiz.de/10011451652
This paper compares the optimal dynamic choices between policies of mitigation and adaptation for three economies …: Brazil, Chile and the United States. The focus is on the optimal role of mitigation and adaptation for “environmentally small … up spending less on mitigation owing to their impoverishment as a result of negative climate shocks. Third, higher …
Persistent link: https://www.econbiz.de/10011303254
Carbon budgets have emerged as a robust metric of warming, but little is known about the usefulness of regional carbon budgets as indicators of policy. This article explores the potential of regional carbon budgets to inform climate policy. Using the large database of scenarios from IPCC AR5...
Persistent link: https://www.econbiz.de/10011302416
This paper examines the determinants of climate related disasters and attempts to estimate the presence of adaptive capacity in terms of per capita income and population density elasticities. We find evidence of adaptive capacity in a “weak” form both in terms of income and population...
Persistent link: https://www.econbiz.de/10011391852
Climate change, especially the warming trend experienced by several countries, could affect agricultural productivity. As a consequence, rural incomes will change, and with them the incentives for people to remain in rural areas. Using data from 116 countries between 1960 and 2000, we analyze...
Persistent link: https://www.econbiz.de/10011376953
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in Stochastic Production Frontier (SPF) models by...
Persistent link: https://www.econbiz.de/10011339428
The rising burden of disease counts as one of the most salient concerns of a warming climate. These risks are especially serious in populous, rapidly growing urban landscapes of low-income, tropical countries. Surat, located on the banks of the River Tapi, has temperature and humidity patterns...
Persistent link: https://www.econbiz.de/10011994124
This paper finds that it is optimal to start a long-term emission-reduction strategy with significant short-term abatement investment, even if the optimal carbon price starts low and grows progressively over time. Moreover, optimal marginal abatement investment costs differ across sectors of the...
Persistent link: https://www.econbiz.de/10011882054
In 2015, an estimated 429,000 deaths and 212 million cases of malaria occurred worldwide, while 70% of the deaths occurred in children under five years old. Changes in climatic exposure such as temperature and precipitation makes malaria one of the most climate sensitive outcomes. Using a global...
Persistent link: https://www.econbiz.de/10011714970