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Projecting the impact of rising temperatures : the role of macroeconomic dynamics

Casey, Gregory; Fried, Stephie; Goode, Ethan - 2023

determined entirely by the growth rate of total factor productivity (TFP). We find evidence suggesting that the level of …

Persistent link: https://www.econbiz.de/10014251498

The growth disease at 50 : Baumol after Oulton

Hartwig, Jochen; Krämer, Hagen - 2017 - This version: June 2017

the so-called "Growth Disease", i.e., the tendency of aggregate productivity growth to slow down in the process of … service sector may raise rather than lower aggregate productivity growth if the service industries produce intermediate rather … raised or lowered aggregate productivity growth in the G7 countries. …

Persistent link: https://www.econbiz.de/10011776981

Precipitation and Economic Growth

Berlemann, Michael; Wenzel, Daniela - 2018

As the ongoing process of global warming goes along with changes in both mean precipitation and precipitation extremes, the scientific interest in the effects of rainfall on economic prosperity has recently grown significantly. However, the few existing empirical studies of short-run growth...

Persistent link: https://www.econbiz.de/10012908657

Climate damages in convergence-consistent growth projections

Harding, Tony; Moreno Cruz, Juan; Quaas, Martin F.; … - 2023

Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...

Persistent link: https://www.econbiz.de/10014292777

Climatic fluctuations and the diffusion of agriculture

Ashraf, Quamrul; Michalopulos, Stelios - 2013

This research examines variations in the diffusion of agriculture across countries and archaeological sites. The theory suggests that a society's history of climatic shocks shaped the timing of its adoption of farming. Specifically, as long as climatic disturbances did not lead to a collapse of...

Persistent link: https://www.econbiz.de/10009693400

Preventing environmental disasters : market-based vs. command-and-control policies

Lamperti, Francesco; Napoletano, Mauro; Roventini, Andrea - 2015

The paper compares the effects of market-based and command-and-control climate policies on the direction of technical change and the prevention of environmental disasters. Drawing on the model proposed in Acemoglu et al. (2012, American Economic Review), we show that market-based policies...

Persistent link: https://www.econbiz.de/10011410362