Global climate change presents long-term risks to agriculture. In general, global climate change is expected to positively affect Russian agriculture. In high and middle latitudes, global warming would expand the growing season. Acreages of agricultural crops may expand toward the north,...

Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy it is therefore important to explicitly include land use, land use change, and forestry (LULUCF) in economy-climate models. This paper gives an overview...

Climate change affects the physical and biological system in many regions of the world. The extent to which human systems will suffer economically from climate change depends on the adaptive capabilities within a region as well as across regions. We use an economic General-Equilibrium model and...

Quantitative models for climate policy modeling differ in the production structure used and in the sizes of the elasticities of substitution. The empirical foundation for both is generally lacking. This paper estimates the parameters of two-level CES production functions with capital, labour and...

Do the sovereign wealth funds of Kazakhstan and Azerbaijan promote the sustainable use of government oil revenues? We review the operational rules and performance of the two funds and compare them to Norway’s Government Pension Fund Global. The key challenges are to stabilize government...

Nationally implemented protected area measures for biodiversity conservation generate cross-border externalities. For internalizing these externalities at the international level, the Global Environment Facility (GEF) has been established as a multilateral mechanism of transfer. This paper...

This paper has a two-fold objective. First, to estimate the changes in landings value by 2030 of two Mexican coastal fisheries: shrimp and sardines as a consequence of climate change. And second, to discuss the implications for food security of such impacts. We estimated output equations using a...

Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is...

In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the consumption goods market, the labor market, the credit market and the...

The BioRegio contest and the BioProfile contest initiated by the German Federal Government have drawn much international attention as prototypes of a new kind of technology policy aiming at the exploitation of regional innovation and growth potential through clustering. There is, however, little...