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This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE model. The model is first re-calibrated at some future years, obtaining hypothetical benchmark equilibria, which are subsequently perturbed by shocks, simulating the effects of...
Persistent link: https://www.econbiz.de/10011325003
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10010326296
The areas of energy, water and food policy have numerous interwoven concerns ranging from ensuring access to services …
Persistent link: https://www.econbiz.de/10011047202
region. In the absence of coastal protection, economies that rely most on agriculture are hit hardest. Although energy is … substituted for land, overall energy consumption falls with the shrinking economy, hurting energy exporters. With full coastal … a lot of dikes and export energy. Energy prices rise and energy consumption falls. The costs of full protection exceed …
Persistent link: https://www.econbiz.de/10011324970
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10011257150
Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological...
Persistent link: https://www.econbiz.de/10009149139
. The benefits of anthropogenic contribution in agriculture and energy are shown to outweigh the losses in health and water …
Persistent link: https://www.econbiz.de/10010686008
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10010692894
A survey of the economic impact of climate change and the marginal damage costs shows that carbon dioxide emissions are a negative externality. The estimated Pigou tax and its growth rate are too low to justify the climate policy targets set by political leaders. A lower discount rate or greater...
Persistent link: https://www.econbiz.de/10010870993
A claim has been that 97% of the scientific literature endorses anthropogenic climate change (Cook et al., 2013. Environ. Res. Lett. 8, 024024). This claim, frequently repeated in debates about climate policy, does not stand. A trend in composition is mistaken for a trend in endorsement....
Persistent link: https://www.econbiz.de/10011047406