Discussions of tropical deforestation are currently at the forefront of climate change policy negotiations at national, regional, and international levels. This paper analyzes the effects of linking Reduced Emissions from Deforestation and Forest Degradation (REDD) to a global market for...

This paper looks at the costs of regulating the environment on economic growth in a model that has increasing returns to scale in production at lower levels of development. It concludes that these costs are low, as are the costs of moving from a non-optimal regulatory policy to an optimal one....

Discussions over tropical deforestation are currently at the forefront of climate change policy negotiations at national, regional, and international levels. This paper analyzes the effects of linking Reduced Emissions from Deforestation and Forest Degradation (REDD) to a global market for...

We look to the literature on short-term cost models, long-term models based on endogenous growth, and long-term models that assume induced technical change, in order to demonstrate the current understanding of costs, which is the focus of the debate on abating climate change. Using these...

The linkage between per capita GDP and sulfur emissions for 12 Western European countries was analyzed over a period of more than 150 years. The analysis also looked at the impact of air pollution regulations on the shape of the income–pollution relationship. At both the aggregate and country...

To those working on climate change it is obvious that energy policy should be influenced by climate change considerations. The question that this paper seeks to answer is, to what extent do they influence policy and what contribution can a careful analysis of the costs and benefits of climate...

This study uses a global climate-energy-economy model to investigate potential implications of linking credits from reducing emissions from deforestation and forest degradation in developing countries to a global carbon market, focusing on reducing emissions from deforestation (RED) and effects...

Across the full range of publications in the field of economics of climate change there is perhaps only one firm agreement: both costs and benefits of climate policy are highly uncertain. In an ideal world one would wait until a good deal of uncertainty is resolved and then make a final...

This paper looks at the costs of regulating the environment on economic growth in a model that has increasing returns to scale in production at lower levels of development. It concludes that these costs are low, as are the costs of moving from a non-optimal regulatory policy to an optimal one....