Showing 1 - 10 of 109
It is commonly argued that catastrophic effects of physical shocks are recovered consequentially due to internal adjustment mechanisms economies retain. The theoretical literature on growth implications of earthquakes relies on the same premise, by and large, putting relatively minor role on the...
Persistent link: https://www.econbiz.de/10005628570
Drastic technological changes are cyclical because basic R&D is carried on only at times when entrepreneurial profits for incremental technologies of the prevailing technological paradigm fall close to zero. The model is essentially an endogenous technological change framework. Varieties, input...
Persistent link: https://www.econbiz.de/10005761424
The so-called AK models (and models that reduce to AK models without generating transitional dynamics) give rise to a very special property that is called constancy conditions. These conditions impose fix ratios among quantities of the model from the start. Hence, knowing one of the initial...
Persistent link: https://www.econbiz.de/10005634634
The economic impact of climate change is usually measured as the amount by which the climate of a given period will affect output or GDP in that period. This paper draws attention to some of the dynamic effects through which climate change may affect economic growth and hence future output. In...
Persistent link: https://www.econbiz.de/10005185004
Climate change may well increase malaria morbidity and mortality. This would slow economic growth through increased spending on health care, reduced production, and less effective education. Slower economic growth would increase the incidence of malaria morbidity and mortality. The integrated...
Persistent link: https://www.econbiz.de/10005634631
We estimate carbon dioxide emissions for the 3401 electoral districts of the Republic of Ireland combining data from the Census, the Household Budget Survey, the National Accounts, Environmental Accounts, and the Labour Accounts. The source data is available for many countries, but we are not...
Persistent link: https://www.econbiz.de/10004969093
Climate change can lead to a substantial reduction of the strength of the thermohaline circulation in the world oceans. This is often thought to have severe consequences particularly on the North Atlantic region and Northern and Western Europe. The integrated assessment model FUND is used to...
Persistent link: https://www.econbiz.de/10005761419
The threat of an abrupt and extreme rise in sea level is widely discussed in the media, but little understood in practise, including the likely impacts of such a rise. This paper explores for the first time the global impacts of extreme sea-level rise, triggered by a hypothetical collapse of the...
Persistent link: https://www.econbiz.de/10005761421
As economic and emissions scenarios assume convergence of per capita incomes, they are sensitivity to the exchange rate used for international comparison. Particularly, developing countries grow slower with a purchasing power exchange rate than with a market exchange rate. Different exchange...
Persistent link: https://www.econbiz.de/10005761422
Global sea-levels are rising due to climate change. Latest estimates expect a rise of up to 88 cm within the next 100 years. In China the three main river deltas are considered most vulnerable to sea-level rise and a number of mega-cities, e.g. Shanghai, with high economic importance are...
Persistent link: https://www.econbiz.de/10005761423