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subsequently extend the baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects …
Persistent link: https://www.econbiz.de/10013048705
'To slow or not to slow' (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of great, worldwide importance. In this paper we o ffer our assessment of the original article and trace its legacy, in particular Nordhaus'...
Persistent link: https://www.econbiz.de/10013050340
A natural outcome of the emerging pledge and review approach to international climate change policy is interest in comparing mitigation effort among countries. Domestic publics and stakeholders will have an interest in knowing if peer countries are undertaking (or planning to undertake)...
Persistent link: https://www.econbiz.de/10013020538
, models grounded in environmental economics of pollution externalities with free factor mobility, or the new economics of …
Persistent link: https://www.econbiz.de/10013023947
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10012985451
income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … bargaining leads to a steady state with lower pollution stock and higher income compared to the steady state without a contract … improving mitigation is no longer possible and the economy converges to a steady state with high pollution stock and low income …
Persistent link: https://www.econbiz.de/10012989035
baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
Persistent link: https://www.econbiz.de/10013040491
Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil energy until 2100 in Europe. Major innovations are first that economic growth is based on an endogenous economic growth model and second that we calibrate our model to...
Persistent link: https://www.econbiz.de/10013046062
China in 2015, Chengdu and Chongqing, on air pollution. We use high-frequency and high spatial resolution data to track … pollution along major highways linking the two cities. Our approach involves the use of an augmented regression discontinuity in … estimates show that air pollution is reduced by 7.6% along the main affected highway. We simultaneously find increased levels of …
Persistent link: https://www.econbiz.de/10012705682
This paper offers an economic assessment of the loss of non-use values resulting from different oil spill scenarios along the Belgian Coast. Estimation results show that if no oil spill prevention policy action is undertaken, a significant welfare loss may result. As a matter of fact, contingent...
Persistent link: https://www.econbiz.de/10012711763