The Great Hanshin-Awaji (Kobe) earthquake struck Japan in 1995, causing devastating damage to the economic landscape of south-central Japan. The earthquake also caused people to realize the importance of social capital in Japan. Based on a large, individual-level database comprising 488,223...

There has been growing interest among local governments in floodplain conservation as a flood damage reduction strategy. We evaluate one such investment—a greenway along the Meramec River in St. Louis County, Missouri. We estimate the opportunity costs of the conservation investment less the...

Die deutschen Unternehmen sind bereits heute von Klimafolgen und Extremwetterereignissen betroffen. Unternehmen werden sich aber in Zukunft noch stärker auf die Auswirkungen des Klimawandels einstellen müssen. Sie erwarten, dass direkte und/oder indirekte Betroffenheit durch das...

(VF)Cette étude examine la variation des émissions de CO2 provenant des activités économiques pour la France en utilisant l’analyse de décomposition structurelle pour la période 1999-2005. La variation des émissions de CO2 a été décomposée selon cinq termes : coefficients...

This study aimed to understand the issues associated with rainfed rice production in dry and semidry areas in Tamil Nadu, India. Farmers face risks such as input, output, market-price, and income, as these areas are prone to rainfall shortage. Secondary data about Tamil Nadu and various...

Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of environmental legislation in most countries. In this paper, we analyse the relationship between air quality and subjective well-being in Europe. We use a unique dataset that merges...

Very little. A plethora of integrated assessment models (IAMs) have been constructed and used to estimate the social cost of carbon (SCC) and evaluate alternative abatement policies. These models have crucial flaws that make them close to useless as tools for policy analysis: certain inputs...

The choice of an overall discount rate for climate change investments depends critically on how different components of investment payoffs are discounted at differing rates reflecting their underlying risk characteristics. Such underlying rates can vary enormously, from ?1 percent for...

In an international permit trading regime, the initial allocation of permits across countries determines the participating countries' trading position. Large permit trading countries on both sides of the market can exploit their market power in the permit market. We analyze how the competitive...

In the framework of international cooperation on climate change to control green-house gas emissions (GHG), this paper aims to shed new light on the eventuality of the emergence of a country (or a group of countries) behaving as a leader in the implementation of its environmental policy. The...