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Should Faustmann forecast climate change?
Gars, Johan; Spiro, Daniel - 2019
Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...
Persistent link: https://www.econbiz.de/10012015877
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Should Faustmann Forecast Climate Change?
Gars, Johan - 2019
Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...
Persistent link: https://www.econbiz.de/10012866409
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Challenging the Bleak Climate Forecast for Georgian Bay (Updated)
Jowett Ph.D. P.Eng., E Craig - 2021
‘State of the Bay’ is an initiative of the Georgian Bay Biosphere Reserve (GBBR) which has forecast that water …
Persistent link: https://www.econbiz.de/10013230535
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Forecasting facing economic shifts, climate change and evolving pandemics
Castle, Jennifer; Doornik, Jurgen A.; Hendry, David F. - In: Econometrics : open access journal 10 (2022) 1, pp. 1-21
By its emissions of greenhouse gases, economic activity is the source of climate change which affects pandemics that in turn can impact badly on economies. Across the three highly interacting disciplines in our title, time-series observations are measured at vastly different data frequencies:...
Persistent link: https://www.econbiz.de/10012804940
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Energy transition metals
Boer, Lukas; Pescatori, Andrea; Stuermer, Martin - 2021
The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
Persistent link: https://www.econbiz.de/10012651692
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The social value of predicting hurricanes
Molina, Renato; Rudik, Ivan - 2022
the US and develop a new approach for measuring the social value of forecast improvements. We find that pre …-landfall federal protective expenditures exponentially increase with the forecast wind speed and with the degree of uncertainty about … the forecast. Correspondingly, we find that forecast errors are costly: underestimating wind speed results in damages and …
Persistent link: https://www.econbiz.de/10013426083
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Forecasts : consumption, production, and behavioral responses
Ahmad, Husnain Fateh; Gibson, Matthew; Nadeem, Fatiq; … - 2022
. Forecast receipt increased demand for protective masks and increased the responsiveness of outdoor time to pollution. Forecast … forecasts, limiting responses to uncertain future events like air pollution. We study two randomized interventions in Lahore …, Pakistan: 1) provision of air pollution forecasts; 2) general training in forecasting. Both reduced subjects' own air pollution …
Persistent link: https://www.econbiz.de/10013472006
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A review of scenario planning for emissions in environmental assessments
Samanaseh, Venmathy; Zainon Noor, Zainura; Norasyiqin, Siti - In: Journal of forecasting 42 (2023) 4, pp. 924-936
Persistent link: https://www.econbiz.de/10014292873
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Climate Change Exposure and Stock Return Predictability
Xu, Jiangmin; Sun, Cheng; You, Yihui - 2021
This paper finds evidence that stock returns vary with the physical climate change exposure of firms in a predictable manner. We construct measures of exposures to physical climate changes at the firm level, and find that firms with high climate change exposures experience lower future...
Persistent link: https://www.econbiz.de/10013248340
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Assessing effects of exogenous assumptions in GHG emissions forecasts : a 2020 scenario study for Portugal using the Times energy technology model
Simoes, Sofia; Fortes, Patrícia; Seixas, Júlia; … - In: Technological forecasting & social change : an … 94 (2015), pp. 221-235
Persistent link: https://www.econbiz.de/10011391600