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Optimal carbon abatement in a stochastic equilibrium model with climate change
Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. - 2015
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our model allows for damages on economic growth resulting from global warming. In the calibration, we capture effects from climate change and feedback effects on the temperature dynamics. We solve for the...
Persistent link: https://www.econbiz.de/10010495010
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Optimal carbon abatement in a stochastic equilibrium model with climate change
Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. - 2019 - This version: September 3, 2019
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature distributions provided in the fifth assessment report of the IPCC (2014). We...
Persistent link: https://www.econbiz.de/10012061866
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On the stationarity of per capita carbon dioxide emissions over a century
Christidou, Maria; Panagiōtidēs, Theodōros; Sharma, … - 2013
This paper examines the stationarity of carbon dioxide (CO2) emissions per capita for a set of 36 countries covering the period 1870-2006. We employ recently developed unit root and stationarity tests that allow for the mean reverting process to be nonlinear and take into account cross sectional...
Persistent link: https://www.econbiz.de/10009791590
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Convergence of carbon dioxide emissions in the Americas and its determinants
Martins, Mikael A.; Heshmati, Almas - In: Latin American economic review : LAER ; official … 31 (2022), pp. 1-33
This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from … 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a … clustering algorithm is used to identify convergence clubs. The results show evidence of convergence in the region for the long …
Persistent link: https://www.econbiz.de/10014234252
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Climate damages in convergence-consistent growth projections
Harding, Tony; Moreno Cruz, Juan; Quaas, Martin F.; … - 2023
projections can be resolved by accounting for growth convergence in a climate-econometric approach that is consistent with the …-level economic growth, our convergence-consistent projections reveal that under an unmitigated warming scenario, global climate …
Persistent link: https://www.econbiz.de/10014292777
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A new approach to measuring shadow price : reconciling engineering and economic perspectives
Lee, Sang-choon; Oh, Dong-hyun; Lee, Jeong-dong - In: Energy economics 46 (2014), pp. 66-77
Persistent link: https://www.econbiz.de/10011298612
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Carbon dioxide reducing environmental innovations, sector upstream/downstream integration and policy : evidence from the EU
Mazzanti, Massimiliano; Marin, Giovanni; Mancinelli, Susanna - In: Empirica : journal of european economics 42 (2015) 4, pp. 709-735
Persistent link: https://www.econbiz.de/10011485668
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The social cost of carbon in a non-cooperative world
Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. - In: Journal of international economics 131 (2021), pp. 1-26
Persistent link: https://www.econbiz.de/10013167892
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Repeal of the clean power plan : social cost and distributional implications
Khanna, Madhu; Chen, Xiaoguang; Wang, Weiwei; Oliver, … - In: American journal of agricultural economics 104 (2022) 1, pp. 33-51
Persistent link: https://www.econbiz.de/10012796428
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Steeling the race: "Green steel" as the new clean material in the automotive sector
Muslemani, Hasan; Ascui, Francisco; Xi, Liang; … - 2022
This paper aims to examine consumer behaviour towards, and the willingness to adopt, ‘green steel’ in the automotive sector. Semi-structured interviews were held with experts from global, regional and country-specific industry associations and automakers. This paper appraises potential...
Persistent link: https://www.econbiz.de/10013040958