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This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple economic problems,such as those in resource and environmental economics. While the mathematical analysis in the note is self-contained, there is not much explanation and...
Persistent link: https://www.econbiz.de/10011694176
induced by climate change in the next decades. Autonomous adaptation induced by changes in relative prices and in stocks of …
Persistent link: https://www.econbiz.de/10010270923
shrinking, implying limited adaptation. Additionally, the negative water supply effects on fishing, farming, and herding … and estimate aggregate welfare losses taking into account adaptation shows overall losses of about 6%. The model also …
Persistent link: https://www.econbiz.de/10014377299
We study the effects of in utero exposure to climate change induced high ocean salinity levels on children's anthropometric outcomes. Leveraging six geo-referenced waves of the Bangladesh Demographic and Health Surveys merged with gridded data on ocean salinity, ocean chemistry and weather...
Persistent link: https://www.econbiz.de/10014469345
Underlying the management of revenues from natural resource extraction is a set of assumptions about how abundant and how valuable these resources are. Nevertheless, existing approaches to measuring the value of extractive resources are seriously flawed. This paper proposes two avenues for...
Persistent link: https://www.econbiz.de/10012424182
Biodiversity can sometimes only be preserved if natural habitats are excluded from human uses. Such protection measures generate positive externalities at the global scale. This holds especially for protection in developing countries that host great parts of global biodiversity. For...
Persistent link: https://www.econbiz.de/10010260504
premium into the model, results show a substantial increase in both mitigation and adaptation, reflecting a more conservative … attitude by the social planner. Interestingly, adaptation is stimulated more than mitigation in the first half of the century … doubles, than adaptation, which rises by about 80%. …
Persistent link: https://www.econbiz.de/10011492389
This paper contributes to the normative literature on mitigation and adaptation by analyzing their optimal policy … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the … responsiveness of mitigation to changes in adaptation decreases. Compared to a world without climate catastrophes, risk reduces the …
Persistent link: https://www.econbiz.de/10010327208
This study considers the relationship between temperature and occupational health. The results indicate that both high and low temperatures increase injury rates and that high temperatures have more severe adverse effects in warmer climates, which suggests that avoiding the adverse effects of...
Persistent link: https://www.econbiz.de/10012059546
The Development Marketplace 2009 focused on adaptation to climate change. This paper identifies lessons from the … Marketplace and assesses their implications for adaptation support. Our findings are based on: statistical tabulation of all …-based adaptation should: exploit its strong local grounding and synergies with development; help connect local initiatives to higher …
Persistent link: https://www.econbiz.de/10010272517