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This paper examines the effects of knowledge diffusion on growth and costs of climate policy. We develop a general … lowers the costs of global climate policy by about 90% for emerging countries (China) and 20% for developed regions (Europe …
Persistent link: https://www.econbiz.de/10011753290
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10012806494
This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide crosssection of economic sectors. This effect is particularly strong for the summer: an increase of 1°F in the average summer temperature is...
Persistent link: https://www.econbiz.de/10011484896
This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide cross-section of economic sectors. This effect is particularly strong for the summer: an increase of 1oF in the average summer temperature is...
Persistent link: https://www.econbiz.de/10012958093
We document that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide cross-section of economic sectors. This effect is particularly strong for the summer: a 1F increase in the average summer temperature is associated...
Persistent link: https://www.econbiz.de/10012904531
This paper analyzes whether temperature changes influence economic growth in the contiguous 48 US states by employing panel methods that address both heterogeneity and cross-sectional dependence. Ultimately, it is determined that the negative effect of warming (proxied by cooling degree days) is...
Persistent link: https://www.econbiz.de/10012853947
Degrowth proposes radically reorganizing societies to equitably downscale the economy. The concept remains relatively unknown in the United States, a country whose oversized production and consumption have ample room to degrow. An informal survey suggests that American degrowth advocates tend to...
Persistent link: https://www.econbiz.de/10012912580
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Persistent link: https://www.econbiz.de/10000017902
Persistent link: https://www.econbiz.de/10009550365