For a panel of 109 coastal countries we show that negative economic shocks in the fisheries sector are associated with an increase in maritime piracy. Our identification strategy uses the variation in the phytoplankton abundance off the individual countries' coasts, measured by satellite data,...

This paper develops two fisheries models in order to estimate the effect of global warming (GW) on firm value. GW is defined as an increase in the average temperature of the earth's surface because of CO₂ emissions. It is assumed that (i) GW exists, and (ii) higher temperatures negatively...

How should small states formulate a countercyclical fiscal policy to achieve economic stability and fiscal sustainability when prone to natural disasters, climate change, commodity price changes, and uncertain donor grants? We study how natural disasters and climate change affect long-term debt...

This paper estimates the impact of climate change on the fisheries and aquaculture sector of Bangladesh by employing appropriate econometric models. The Household Income and Expenditure Survey 2010 (HIES,2010) data have been used to estimate the Ordinary Least Square (OLS) regressions for...

Despite growing environmental issues, and increasing public and private interests, scientific studies on the management of agroecosystem services are at the beginning stage. This article incorporates the interdisciplinary New Institutional Economics framework and identifies and assesses a...

This research aims to estimate the economic impact produced by the 2016 Red Tide phenomena on the ocean derived product export sector of the Los Lagos Region in southern Chile. For this purpose, a time series approach is employed using export data in terms of value and volume. Results suggest...

Combining theoretical and empirical work, this paper explores the impact of economic shocks on the incidence of social unrest (i.e., mass demonstrations and violent riots) in autocracies. Our theory predicts negative economic shocks to boost unrest since-in bad times-fighting the regime to...

This paper contributes to the existing literature on climatic variability and food security. It analyzes the effect of climatic shocks on food security for 77 developing countries from 1960 to 2008. Using two complementary indicators of food security (food supply, proportion of undernourished...

In this paper, we first briefly review the recent literature on climate change, resource scarcity and conflict. This is then followed by introducing an agent based computational model based on the theory of production and conflict which is capable of simulating the dynamics of micro-level...

The achievement of collective climate targets is hampered by a large number of factors. Most obvious is the conflict between self-interest and group interest at both the intra- and intergenerational level. Several experimental studies examine the effects of factors such as wealth heterogeneity,...