Showing 1 - 10 of 4,446
Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...
Persistent link: https://www.econbiz.de/10011584893
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/10010279422
With limited participation in an international climate agreement, standard economic analysis suggests that a unilateral action taken by a group of countries in order to reduce its emissions is likely to be undermined by increases in emissions from other countries (carbon leakage). While analyses...
Persistent link: https://www.econbiz.de/10010284485
I investigate the interaction between a country that imports a commodity whose production contributes to a stock pollution, such as electricity, from a country that produces that commodity. If the transboundary externality is priced improperly, the application of a feed-in tariff or border tax...
Persistent link: https://www.econbiz.de/10011698728
Catastrophic risk is currently a hotly debated topic. This paper contributes to this debate by showing two results. First it shown that the value function in dynamic optimization can have an infinite derivative at some point even if the model specification has functional forms that are finite...
Persistent link: https://www.econbiz.de/10011335602
Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts with the seeming impossibility of determining a unique time profile of the social costs of carbon as a benchmark for climate negotiations and for infrastructure decisions that...
Persistent link: https://www.econbiz.de/10010330124
We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to economic activities may be irreversible and the level at which the degradation becomes irreversible is unknown. Particular attention is paid to the situation where agents are...
Persistent link: https://www.econbiz.de/10010279637
We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If … migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it … generated by General Circulation model reveal that, ceteris paribus, migration may decline in Ghana and in Nigeria. …
Persistent link: https://www.econbiz.de/10011307261
economic activities and migration. Section 2 introduces a simple matching theory model based on previous studies. This theory …. Results show that once migration and a population drain occur, such fiscal policies might deteriorate the regional economy …
Persistent link: https://www.econbiz.de/10011400452
For all climatic regions, mortality due to cold exceeds mortality due to heat. We examine whether cold-related mortality in adulthood varies positively with unusually benign ambient temperature during gestation, using data on over 13,500 Swedes from the Uppsala Birth Cohort Study born in...
Persistent link: https://www.econbiz.de/10010333278