Showing 1 - 10 of 74
This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH … levels. The elasticity of China’s emissions is estimated by pooling observations from all scenarios and compared with the … elasticity of emissions in OECD countries. China has a higher elasticity than the OECD for a carbon tax lower than 50$ per ton of …
Persistent link: https://www.econbiz.de/10011084331
We estimate a time series model of weather shocks on English wheat yields for the early nineteenth century and use it … to predict weather effects on yield levels from 1697 to 1871. This reveals that yields in the 1690s were depressed by … unusually poor weather; and those in the late 1850s were inflated by unusually good weather. This has led researchers to …
Persistent link: https://www.econbiz.de/10011249371
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an inital pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10011083327
We provide direct estimates of how agents trade off immediate costs and uncertain future benefits that occur in the very long run, 100 or more years away. We exploit a unique feature of housing markets in the U.K. and Singapore, where residential property ownership takes the form of either...
Persistent link: https://www.econbiz.de/10011083367
We estimate how random weather fluctuations affected infant mortality across 28 African countries in the past … aggregate infant deaths in Africa, due to extreme weather events and to maternal malaria in epidemic areas for 1981-2000 and …
Persistent link: https://www.econbiz.de/10011083660
We propose a dynamic spatial theory to analyze the geographic impact of climate change. Agricultural and manufacturing firms locate on a hemisphere. Trade across locations is costly, firms innovate, and technology diffuses over space. Energy used in production leads to emissions that contribute...
Persistent link: https://www.econbiz.de/10011083729
Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world's most diverse ecosystems. The prevalence of illegal forest extraction in the tropics suggests that understanding the incentives of local bureaucrats and politicians who enforce...
Persistent link: https://www.econbiz.de/10011084290
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...
Persistent link: https://www.econbiz.de/10011084407
Climate change must deal with two market failures, global warming and learning by doing in renewable use. The social optimum requires an aggressive renewables subsidy in the near term and a gradually rising carbon tax which falls in long run. As a result, more renewables are used relative to...
Persistent link: https://www.econbiz.de/10011084685