Similar Search Results

Is temperature adversely related to economic growth? : evidence on the short-run and the long-run links from sub-national data

Meierrieks, Daniel; Stadelmann, David - 2021

We investigate the effect of rising temperatures on economic development, using sub-national data for approximately 1,500 sub-national regions in 81 countries from the 1950s to the 2010s. Accounting for region- and time-fixed factors by means of a two-way fixed effects panel approach, we find no...

Persistent link: https://www.econbiz.de/10012660336

Perspectives on climate policies

Andersson, Fredrik N. G. - 2019

The purpose of this article is twofold: First to discuss three misconceptions in the debate on climate policies: i) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate change, and iii) that the only policy tool needed is to...

Persistent link: https://www.econbiz.de/10012166055

On current and future carbon prices in a risky world

Olijslagers, Stan; Ploeg, Frederick van der; … - 2021

We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates, but gradual resolution of uncertainty lowers them. For...

Persistent link: https://www.econbiz.de/10012545087

On current and future carbon prices in a risky world

Olijslagers, Stan; Ploeg, Frederick van der; … - 2021

We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates of carbon prices, but gradual resolution of uncertainty...

Persistent link: https://www.econbiz.de/10012515093

Optimal Carbon Pricing in General Equilibrium : Temperature Caps and Stranded Assets in an Extended Annual DSGE Model

van der Ploeg, Rick; Rezai, Armon - 2021

The general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for additional negative impacts of global warming on utility and productivity growth, mean reversion in the ratio of climate damages to production, labour-augmenting technical progress, and...

Persistent link: https://www.econbiz.de/10013225748

Real Options Analysis of Climate-Change Adaptation : Investment Flexibility and Extreme Weather Events

Guthrie, Graeme - 2019

Investments in climate-change adaptation will have to be made while the extent of climate change is uncertain. However … method to value options that are found in many climate-change adaptation contexts. This method modifies a binomial tree model … frequently applied to climate-change adaptation problems, incorporating gradual learning using a Bayesian updating process driven …

Persistent link: https://www.econbiz.de/10012894024

ACE – Analytic Climate Economy (with Temperature and Uncertainty)

Traeger, Christian P. - 2019

This paper is a revised version of: "https://ssrn.com/abstract=2667972" https://ssrn.com/abstract=2667972.The Analytic Climate Economy (ACE) closes a gap between analytic climate change assessments and quantitative numeric integrated assessment models (IAMs) used in policy advising. Its...

Persistent link: https://www.econbiz.de/10012896033

Temperature anomalies, long memory, and aggregation

Vera-Valdés, J. Eduardo - In: Econometrics : open access journal 9 (2021) 1/9, pp. 1-22

Econometric studies for global heating have typically used regional or global temperature averages to study its long memory properties. One typical explanation behind the long memory properties of temperature averages is cross-sectional aggregation. Nonetheless, formal analysis regarding the...

Persistent link: https://www.econbiz.de/10012483296

International trade and the transmission of temperature shocks

Osberghaus, Daniel; Schenker, Oliver - 2022

We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich …

Persistent link: https://www.econbiz.de/10013359053

The impact of climate change on agriculture : nonlinear effects and aggregation bias in Ricardian models of farm land values

Fezzi, Carlo; Bateman, Ian - 2013

Ricardian (hedonic) analyses of the impact of climate change on farmland values typically assume additively separable effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions. We investigate the potential bias induced by such...

Persistent link: https://www.econbiz.de/10010203412

1
2
3
4
5
6
7
8
9
10
Next
Last