Showing 1 - 10 of 21
We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...
Persistent link: https://www.econbiz.de/10013359053
Persistent link: https://www.econbiz.de/10009571312
This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for funding adaptation within the framework of a dynamic computable general equilibrium model, where impacts of climate change depend on changes in precipitation and temperature. If...
Persistent link: https://www.econbiz.de/10013101104
Investments in energy technologies are substantially governed by climate policy. We demonstrate analytically that price-based instruments, such as carbon-taxes, and quantity-based regulations, like emission trading systems, have distinct effects on the (co-)variance of power plant profits. If...
Persistent link: https://www.econbiz.de/10015271324
Policymakers aiming for the unilateral regulation of transboundary pollutants, such as greenhouse gases, fear as a consequence rising emissions in non-regulating countries. This so-called pollution haven or carbon leakage effect is of particular concern in emission-intensive and trade-exposed...
Persistent link: https://www.econbiz.de/10013247048
This paper has three messages mainly, which are observed in a simple model of climate change, international trade and regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to reduce direct impacts of global climate change on...
Persistent link: https://www.econbiz.de/10009509687
Current climate and energy policy has to operate under an ex-ante unforeseen economic crisis. An obvious consequence is the collapse of prices for carbon emission allowances as, for example, seen in the European Union. However, this price collapse may be amplified by the interaction of a carbon...
Persistent link: https://www.econbiz.de/10009792976
This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for funding adaptation within the framework of a dynamic computable gen-eral equilibrium model, where impacts of climate change depend on changes in precipitation and temperature. If...
Persistent link: https://www.econbiz.de/10009657624
Persistent link: https://www.econbiz.de/10008933073
Persistent link: https://www.econbiz.de/10008933076