Showing 1 - 10 of 73,944
impacts and higher-order effects; the valuation of biodiversity loss; the implications of extreme climate scenarios and … estimates of the economic impact of climate change are incomplete. Some of the missing impacts are likely to be positive and … costs may have a negative bias. The research effort on the economic impacts of climate change is minute, and should be …
Persistent link: https://www.econbiz.de/10014054578
Differential access to health care is commonly cited as a source of heterogeneity in the health effects of environmental exposure, yet little causal evidence exists to support such claims. We test this hypothesis by utilizing exogenous variation in both access to health care and environmental...
Persistent link: https://www.econbiz.de/10012129825
impacts and higher-order effects; the valuation of biodiversity loss; the implications of extreme climate scenarios and … estimates of the economic impact of climate change are incomplete. Some of the missing impacts are likely to be positive and … costs may have a negative bias. The research effort on the economic impacts of climate change is minute, and should be …
Persistent link: https://www.econbiz.de/10005634629
impacts and higher-order effects; the valuation of biodiversity loss; the implications of extreme climate scenarios and … estimates of the economic impact of climate change are incomplete. Some of the missing impacts are likely to be positive and … costs may have a negative bias. The research effort on the economic impacts of climate change is minute, and should be …
Persistent link: https://www.econbiz.de/10005570247
This paper uses the Kaldor-Hicks compensation principle to compute the present value (PV) of a non-marginal future event. Three theoretical results stand out: First, decreasing returns to capital create a wedge between the PV of future generations' willingness to pay (WTP) and the PV of their...
Persistent link: https://www.econbiz.de/10010227375
We examine Singapore's fairly homogeneous private-housing market and show that new apartments on historical multi-century leases trade at a non-zero discount relative to property owned in perpetuity. Descriptive regressions indicate that new apartments with 825 to 986 years of tenure remaining...
Persistent link: https://www.econbiz.de/10011455856
Integrated assessment models (IAMs) provide key inputs to decision-makers on economically efficient climate policies, and technical change is one of the key assumptions in any IAM that estimates mitigation costs. We conduct a systematic survey of how technical change is currently represented in...
Persistent link: https://www.econbiz.de/10014515010
The social rate of discount is a crucial driver of the social cost of carbon (SCC), i.e. the expected present discounted value of marginal damages resulting from emitting one ton of carbon today. Policy makers should set carbon prices to the SCC using a carbon tax or a competitive permits...
Persistent link: https://www.econbiz.de/10012249287
implications of such impacts for food security. A dynamic panel model was used for the Mexican fisheries sector, with data from …
Persistent link: https://www.econbiz.de/10009791190
climate change impacts, to the definition of liability, and to the baseline scenario …
Persistent link: https://www.econbiz.de/10010312407