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Energy efficiency and directed technical change : implications for climate change mitigation
Casey, Gregory - 2022
directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate …
Persistent link: https://www.econbiz.de/10012817938
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Climate Change Expectations and Endogenous Economic Growth in the Dice Model
Ciesielski, Anna - 2019
This paper studies the investment based growth rate effects of climate change. The analysis is based on the Integrated Assessment Model DICE by Nordhaus (2008). I depart from the original model, in that endogenous investments into a knowledge stock drive economic growth. Due to a negative...
Persistent link: https://www.econbiz.de/10012865176
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Climate change expectations and endogenous economic growth in the DICE model
Ciesielski, Anna - 2019
This paper studies the investment based growth rate effects of climate change. The analysis is based on the Integrated Assessment Model DICE by Nordhaus (2008). I depart from the original model, in that endogenous investments into a knowledge stock drive economic growth. Due to a negative...
Persistent link: https://www.econbiz.de/10012038982
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A meta-analysis of the total economic impact of climate change
Tol, Richard S. J. - 2022
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results: (1) The central estimate of the economic impact of global warming is always negative. (2) The confidence interval about the estimates is much wider. (3) Elicitation methods are most...
Persistent link: https://www.econbiz.de/10013362448
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Economic growth in the age of ubiquitous threats : how global risks are reshaping growth theory
Gomes, Orlando - In: Economics : the open-access, open-assessment journal 18 (2024) 1, pp. 1-15
and coherent theory of economic growth. Research in growth theory has demonstrated that significant and systematic … many obstacles that the creation of wealth may encounter. The current essay surveys cutting-edge research on growth theory …, in any case, they call for a reexamination of growth theory. …
Persistent link: https://www.econbiz.de/10014495894
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Research or carbon capture and storage : how to limit climate change?
Kollenbach, Gilbert - 2014
advantagenousness of CCS investments rise with the CO2 stock. If the gains of CCS, in terms of lower energy costs, outweigh the gains of … into R&D and/or capital. On the other hand, lower energy costs may increase research and/or capital investments. Positive …
Persistent link: https://www.econbiz.de/10010246772
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Knowledge Diffusion, Endogenous Growth, and the Costs of Global Climate Policy
Bretschger, Lucas - 2015
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/10013010086
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Public policies and long-run growth in a model with environmental degradation
Bonatti, Luigi; Lorenzetti, Lorenza Alexandra - 2022
We study how public policies affects an economy where production emits pollutants and investment in productive assets raises the economy’s overall productivity. We explore two hypotheses about how the accumulation of pollutants affects human well-being. Under the first one, there is no limit...
Persistent link: https://www.econbiz.de/10012803772
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The expansion of modern agriculture and global biodiversity decline : an integrated assessment
Lanz, Bruno; Dietz, Simon; Swanson, Timothy M. - 2017 - This version: July 2017
The world is banking on a major increase in food production, if the dietary needs and food preferences of an increasing, and increasingly rich, population are to be met. This requires the further expansion of modern agriculture, but modern agriculture rests on a small number of highly productive...
Persistent link: https://www.econbiz.de/10011749380
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The macroeconomics of clean energy subsidies
Casey, Gregory; Jeon, Woongchan; Traeger, Christian - 2023
We study clean energy subsidies in a quantitative climate-economy model. Clean energy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the marginal...
Persistent link: https://www.econbiz.de/10014440981