We develop an aggregated model to study rational environmental adaptation policies that compensate negative consequences of certain environmental hazards and changes. The model distinguishes the three categories of adaptation measures that (a) compensate the decrease of the environmental amenity...

Using panel data covering 126 low- and middle-income countries over 1960-2017, we find that sustained positive temperature deviations from their historical norms have a non-linear negative effect on economic growth and growth per capita. A sustained 1°C temperature increase lowers real GDP per...

This research examines theoretically and empirically the origins of agriculture. The theory highlights the role of climatic sequences as a fundamental determinant of both technological sophistication and population density in a hunter-gatherer regime. It argues that foragers facing volatile...

This paper hypothesizes and establishes empirically that climate change policies spread more easily between closely related countries, leading to worldwide differences in climate change policy performance. Exploiting variations across countries, the study provides evidence that genetic distance...

Because excessive specialization can be risky, diversification matters for sustainable development. A case study of Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of production possibilities to illuminate the possible...

Discrepancies between several South-Eastern European (SEE) countries and Nordic countries are investigated in this paper using an econometric analysis. Its aim is to examine the relationship between CO2 emissions, GDP per capita, urban population (URB) and electricity production from Renewable...

Climate Change in Pakistan among others manifests itself in temperature increases, rainfall reduction in the arid plains and increases in the monsoon areas and last but not least, accelerated glacial melt. All these and other developments call for a deeper insight into the effects Recent Climate...

To investigate the link between rising global temperature and global energy use, we estimate an energy demand model that is driven by temperature changes, prices and income. The estimation is based on an unbalanced panel of 157 countries over three decades. We limit the analysis to the...