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How does subjective well-being depend on the fate of others when a covariate shock strikes? In this paper, we address … this question by providing novel evidence on the impact of shock-induced damages experienced by individuals and their …-5 years after the event occurred. The negative shock impact is amplified by observing peers doing economically worse …
Persistent link: https://www.econbiz.de/10013335989
The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...
Persistent link: https://www.econbiz.de/10012425940
Persistent link: https://www.econbiz.de/10012424955
-agricultural households in Sub-Saharan Africa. We show that, similar to the effect of positive local weather shocks, the effect of a locally … around one third of the net effect of positive local weather shocks. Unlike positive weather shocks, which mostly facilitate …
Persistent link: https://www.econbiz.de/10013326505
To explain economic impacts of flood damage due to climate change over time in Japan, this study develops a dynamic spatial computable general equilibrium model, and measures flood damage costs through some numerical experiments. It is inferred that the frequency and the intensity of flood are...
Persistent link: https://www.econbiz.de/10011493009
potential existence of a continental bias in world trade flows on a sample of 182 countries over the period 1990-2006. Using …
Persistent link: https://www.econbiz.de/10011575604
This paper estimates how the impact of a natural disaster propagates through the production network. More precisely, we look at the excessive rainfall in the summer of 2021 that caused large areas to be severely flooded in Belgium. We first look at the direct effects on firms active in the...
Persistent link: https://www.econbiz.de/10015076755
Terrorist events typically vary along many dimensions, making it difficult to identify their economic effects. This paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents in France over the period from January 2015 to July...
Persistent link: https://www.econbiz.de/10012438085
Persistent link: https://www.econbiz.de/10011590726
This paper adds to the scarce empirical evidence related to the impact of climate change on the manufacturing sector. To study the effect of temperature on energy use and CO2 emissions daily temperature information from 11.000 German municipalities are combined with the census of the...
Persistent link: https://www.econbiz.de/10013335936