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light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find … that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …
Persistent link: https://www.econbiz.de/10012997671
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/10013240373
-energy-intensive technologies reduces mitigation costs. Optimal taxes and subsidies are lower and there is less warming …
Persistent link: https://www.econbiz.de/10013048403
The identification of the effects of climate shocks on economic growth is central to design effective policies aiming at managing the future global climate change challenge. In this study, we investigate the effects of temperature and precipitation shocks on economic growth across different...
Persistent link: https://www.econbiz.de/10014264956
the potential extra-EU spillover of the EU mitigation policy with a particular attention to developing countries. The …
Persistent link: https://www.econbiz.de/10012993571
China's unbundling reform in 2002 aimed to introduce competitiveness into the power industry, especially the generation sector, to improve its operational efficiency. Meanwhile, great concern about a range of environmental problems and global climate change increasingly calls for saving energy...
Persistent link: https://www.econbiz.de/10012959554
We build a system dynamics model to evaluate the potential dynamics of consumer adoption of “Smart Energy Behaviour”. Within this term we include different levels of: i) shift in electricity consumption towards less costly-less polluting and congestioning hours; ii) the reduction of mainly...
Persistent link: https://www.econbiz.de/10014153626
Climate change impacts in coastal areas (CA) have exposed coastal ecosystems to unprecedented conditions. System dynamic modelling (SD) has been used as a powerful tool to improve climate change adaptation (CCA) strategies. However, until now there are no review papers that summarize how...
Persistent link: https://www.econbiz.de/10014079044
costs of mitigation policies. Such technologies are largely embodied in capital goods; yet conventionally structured CGE …
Persistent link: https://www.econbiz.de/10013029881
This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a normative analytical framework, with an illustration on hurricane flood risks in New Orleans. It concludes that, where capital accumulates through increased density of...
Persistent link: https://www.econbiz.de/10013083303