We explore the welfare implications of agricultural expansion in the Brazilian Amazon by comparing spatially explicit estimates of soybean rents and the value of ecosystem services. Although these estimates are generated from different datasets, models, and estimation techniques, the values are...

We test for causality between radiative forcing and temperature using multivariate time series models and Granger causality tests that are robust to the non-stationary (trending) nature of global climate data. We find that both natural and anthropogenic forcings cause temperature change and also...

At present, oil markets appear to be behaving in a fashion similar to that in the late 1970s and early 1980s when oil prices rose sharply over an extended period. Furthermore, like at that time, analysts are split on whether such increases will persist or reverse, and if so by how much. The...

By construction, the time series for radiative forcing that are used to run the 20c3m experiments, which are implemented by climate models, impart non-stationary movements (either stochastic or deterministic) to the simulated time series for global surface temperature. Here, we determine whether...

At present, oil markets appear to be behaving in a fashion similar to that in the late 1970s and early 1980s when oil prices rose sharply over an extended period. Furthermore, like at that time, analysts are split on whether such increases will persist or reverse, and if so by how much. The...