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This paper analyzes whether temperature changes influence economic growth in the contiguous 48 US states by employing panel methods that address both heterogeneity and cross-sectional dependence. Ultimately, it is determined that the negative effect of warming (proxied by cooling degree days) is...
Persistent link: https://www.econbiz.de/10012853947
in general, and climate policy in particular, would benefit from better integrating the theory and methods of these two …
Persistent link: https://www.econbiz.de/10012861882
This paper investigates the relationship between environmental degradation, income and regulation for the Alberta province of Canada. This issue assumes a value added since Alberta is the third-largest oil reserve in the world after Saudi-Arabia and Venezuela. The province is interested by large...
Persistent link: https://www.econbiz.de/10013050554
Understanding the relationship between temperature and economic growth is a critical component in designing optimal climate policies. This paper provides the first study that documents the relationship between daily temperature and total factor productivity (TFP). Using detailed firm-level...
Persistent link: https://www.econbiz.de/10013016478
Given the intensifying debates whether governments should use industrial policies to promote particular renewable energy technologies, the main objective of this study is to investigate the long-run effects of renewable energy support policies on economic growth and employment in 15 European...
Persistent link: https://www.econbiz.de/10013021394
This paper investigates the short-run effects of economic growth on carbon dioxide emissions from the combustion of fossil fuels and the manufacture of cement for 189 countries over the period 1961-2010. Contrary to what has previously been reported, we conclude that there is no strong evidence...
Persistent link: https://www.econbiz.de/10013023927
Climate change mitigation challenges national economies to increase productivity while reducing fossil energy consumption. Fossil energy-saving technical change has been assumed to accomplish this, yet empirical evidence is scarce. This paper investigates the long-run relationship between the...
Persistent link: https://www.econbiz.de/10012989042
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012796993
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012802404
Whether China continues its current energy-intensive growth path or adopts a sustainable development prospect has significant implication for energy and climate governance. Building on a Ramsey-Cass-Koopmans growth model incorporating the mechanism of endogenous technological change and its...
Persistent link: https://www.econbiz.de/10013043116