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The problem of the commons is more important to our lives and thus more central to economics than a century ago when … the commons. Within the realm of natural resources, there are special challenges associated with renewable resources …. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the …
Persistent link: https://www.econbiz.de/10008746890
The escalating impacts of climate change on coastal regions stress the urgency for effective adaptation strategies, particularly for the case of high-risk countries such as Bangladesh. Naturebased solutions, grey and mixed coastal infrastructure offer promising solutions for addressing these...
Persistent link: https://www.econbiz.de/10014578420
Weather experts around the world are foreseeing a strong El Niño in 2014. In India, these developments are feared to …
Persistent link: https://www.econbiz.de/10010404683
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/10008798528
The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives...
Persistent link: https://www.econbiz.de/10009125116
After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top …
Persistent link: https://www.econbiz.de/10010373734
This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions’ best responses can be...
Persistent link: https://www.econbiz.de/10010459889
This paper is, to our knowledge, the first paper in climate economics to consider the combination of spatial heat transport and polar amplification. We simplified the problem by stratifying the Earth into latitude belts and assuming, as in North et al. (1981), that the two hemispheres were...
Persistent link: https://www.econbiz.de/10011451284
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10008798037
The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far...
Persistent link: https://www.econbiz.de/10008823910