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The economic impact of weather and climate

Tol, Richard S. J. - 2021

I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I test it on a sample of 160 countries over the period...

Persistent link: https://www.econbiz.de/10012486667

The economic impact of weather and climate

Tol, Richard S. J. - 2021

Persistent link: https://www.econbiz.de/10012487750

Disasters and development: natural disasters, credit constraints and economic growth

McDermott, Thomas K. J.; Barry, Frank; Tol, Richard S. J. - 2011

, manifested through poorly developed financial markets. The theoretical analysis shows that the shock of a disaster occurrence …

Persistent link: https://www.econbiz.de/10009315714

The Luck of the Development Draw : Environmental Volatility and the Takeoff to Modern Economic Growth

McDermott, Thomas K. J. - 2013

developed first, and which have lagged behind. An obvious potential source of “good vs bad draws” is environmental volatility … agricultural output.We use climate data and a finite mixture model - taking account of the bi-modality of the world income … distribution - to test the effect of environmental volatility on comparative economic development. Using this approach, we find …

Persistent link: https://www.econbiz.de/10013090611

Secondary benefits of climate control policies : implications for the global environmental facility

Heintz, Roebyem J.; Tol, Richard S. J. - 1998

Persistent link: https://www.econbiz.de/10000994809

Economy-wide estimates of the implications of climate change : sea level rise

Bosello, Francesco; Lazzarin, Marco; Roson, Roberto; … - 2004

The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies...

Persistent link: https://www.econbiz.de/10011603535