This paper proposes the consistent method with general equilibrium models to measure use value and non-use value of large-scale change in environmental quality. First, we develop a general equilibrium model that parameters of the utility function with environmental quality as a dependent...

Numerous attempts have been made to evaluate economic impacts by climate change, and the evaluation method can be classified into two approaches. One is a partial equilibrium approach and the other is a general equilibrium approach. The former method includes a travel cost method (TCM) and a...

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...

We analyze existing definitions of carbon leakage and propose a new rigorous one. This is then tested using computable general equilibrium analysis for unilateral carbon dioxide abatement programs in the European Union in 2020, adopted under the United Nations Framework Convention on Climate...

Economic measures are advanced to environmental problems in EU nations. The economic approach imposes a constant economic load on activities negatively affecting the environment, and it is also a technique for giving a constant profit for activities conserving the environment. The whole society...

Nowadays, an important debate in the international economies is the problem of greenhouse gas emissions and climate change related. Discussions begin to gain the world with the signature of the Kyoto Protocol (1997), where an international agreement was reached to reduce global emissions....

Since initially steaming from von Thünen's work (1826), bid-rent approach has been rigorously applied to analyze land use configuration. Alonso (1964), Muth (1969), Beckman (1973), Solow (1973), and Fujita (1989) are among the scientists who greatly contributed to forward von Thünen's theory...

Tourism is one of the most vulnerable industries when facing a global threat of sanitary, economic, or military considerations. From an economic activity comprising nearly 3% of the country's GDP, the tourism has dropped to a flat zero in Romania. For three months, specifically March – May...

As the ongoing process of global warming goes along with changes in both mean precipitation and precipitation extremes, the scientific interest in the effects of rainfall on economic prosperity has recently grown significantly. However, the few existing empirical studies of short-run growth...

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...