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To gain insights into the mechanisms that shape the interaction between economic growth and climate change, we analyze the simplified DICE through the lens of growth theory. We analytically show that this model exhibits a continuum of saddle-point stable steady states, a property that carries...
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Climate change researchers predict a dramatic increase in global average temperature over the next decades. We use past temperature and precipitation fluctuations to investigate whether changes in temperature and precipitation are associated with decreases in economic growth. A GMM panel...
Persistent link: https://www.econbiz.de/10011303759
dollar of output (what we will call carbon intensity) and on the other growth in economic output and labor productivity, at … relative output, final demand, value added, and so-called output and valued-added productivity indicators, and their change … sectors do not seem to be more productive than dirtier ones, and neither show higher productivity growth. Sectors associated …
Persistent link: https://www.econbiz.de/10011337051
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean … (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in … induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to …
Persistent link: https://www.econbiz.de/10011339428
We estimate the impacts of climate on economic growth using Gross Regional Product (GRP) for more than 1,500 regions in 77 countries. In temperate and tropical climates, annual temperature shocks reduce GRP whereas they increase GRP in cold climates. With respect to long-term climate conditions,...
Persistent link: https://www.econbiz.de/10011844545
resource productivity improvements over the coming century. The purpose of this book is to inspire hope and to then inform … -- Sufficiency in a civilised world …
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