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Climate change may damage road infrastructure to the potential detriment of economic growth, particularly in developing countries. To quantitatively assess climate change's consequences, we construct a climate-infrastructure model based on stressor-response relationships and link this to a...
Persistent link: https://www.econbiz.de/10010319890
The African Development Bank has called for US$40 billion per year over the coming decades to be provided to African countries to address development issues directly related to climate change. The current study addresses a key component of these issues, the effect of climate change on the road...
Persistent link: https://www.econbiz.de/10010319830
Climate change is one of the contemporaneous issues of the 21st century. Of importance is how it is affecting aspects such as jobs, resource allocation, conflict, poverty in economies. Sub Saharan Africa is a special subset of the broader global economy, with countries which are still largely...
Persistent link: https://www.econbiz.de/10012978571
This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN's Agenda 2030 and the African Union's Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is...
Persistent link: https://www.econbiz.de/10013262630
Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...
Persistent link: https://www.econbiz.de/10013461786
Different countries of the world are affected differently by the adverse impacts of anthropogenic climate change. For a large country consisting of several regions with different geographical conditions, the direct geographical impacts of climate change may differ significantly. Given the...
Persistent link: https://www.econbiz.de/10011492550
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10012806494
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/10012486667
To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...
Persistent link: https://www.econbiz.de/10011662054
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labour productivity is affected by country-specific climate variables. defined as deviations of temperature and precipitation from their historical norms. Using a panel...
Persistent link: https://www.econbiz.de/10012031151