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Discounting for Climate Change
Anthoff, David; Tol, Richard S. J.; Yohe, Gary W. - 2009
numerically just as important in considerations of anthropogenic climate change. The elasticity of the marginal utility with …
Persistent link: https://www.econbiz.de/10010298596
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Discounting for Climate Change
Yohe, Gary W.; Tol, Richard S. J.; Anthoff, David - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-24, pp. 1-22
numerically just as important in considerations of anthropogenic climate change. The elasticity of the marginal utility with …
Persistent link: https://www.econbiz.de/10010298642
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Discounting for climate change
Anthoff, David; Tol, Richard S. J.; Yohe, Gary W. - 2009
numerically just as important in considerations of anthropogenic climate change. The elasticity of the marginal utility with …
Persistent link: https://www.econbiz.de/10010277645
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The Economic Opportunity Cost of Capital for Canada - An Empirical Update
Jenkins, Glenn; Kuo, Chun-Yan - 2007
The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has...
Persistent link: https://www.econbiz.de/10011940747
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Social rate of return to plant breeding research in Germany
von Witzke, Harald; Jechlitschka, Kurt; Kirschke, Dieter; … - In: Agrarwirtschaft: Zeitschrift für Betriebswirtschaft, … 53 (2004) 5, pp. 206-210
This article focuses on the social rate of return to plant breeding investment in Germany between 1980-2000. Starting point of the analysis is the development of total factor productivity which is decomposed into the effects of factor input and research investment. Information on investment in...
Persistent link: https://www.econbiz.de/10015079670
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On the Relation between Dual-Rate Discounting and Substitutability
Kögel, Tomas - 2009
discounting environment consumption with an environmental discount rate instead of a consumption discount rate that is usually … used in cost-benefit analysis. The present study clarifies that whether or not this dual-rate discounting approach succeeds … elasticity of substitution between environment and goods consumption within a period contributes to a low environmental discount …
Persistent link: https://www.econbiz.de/10010298591
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Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change
Atkinson, Giles D.; Dietz, Simon; Helgeson, Jennifer; … - 2009
isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along … with the (much discussed) utility discount rate. In this model, the elasticity of marginal utility simultaneously reflects … necessarily be an appropriate guide to specifying the elasticity of intertemporal substitution. …
Persistent link: https://www.econbiz.de/10010298595
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Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change
Helgeson, Jennifer; Dietz, Simon; Atkinson, Giles D.; … - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-26, pp. 1-28
isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along … with the (much discussed) utility discount rate. In this model, the elasticity of marginal utility simultaneously reflects … necessarily be an appropriate guide to specifying the elasticity of intertemporal substitution. …
Persistent link: https://www.econbiz.de/10010298644
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On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability
Kögel, Tomas - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-27, pp. 1-12
suggests discounting environmental quality at a lower discount rate than the standard consumption discount rate. Recent …
Persistent link: https://www.econbiz.de/10010298645
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On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability
Kögel, Tomas - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2011) 2009-27 (Version 2), pp. 1-12
suggests discounting environmental quality at a lower discount rate than the standard consumption discount rate. Recent …
Persistent link: https://www.econbiz.de/10010303843