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ADAPTATION TO CLIMATE CHANGE IN ARID LANDS: EVIDENCE FROM PASTORAL AREAS OF SENEGAL Climate Change Economics (IF 1.341) Pub Date : 2022-06-25 BEYE ASSANE, DIOP WAOUNDÉ
This paper analyzes the determinants of adaptation options in pastoral drylands and investigates whether adaptation strategies can be used jointly. We assume that decisions can be made jointly as complements or substitutes and investigates whether herders in Senegal adapt to climate change by pursuing multiple strategies. We use a multinomial probit model with primary data collected from 410 herders
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A POST-COVID-19 ECONOMIC ASSESSMENT OF THE CHILEAN NDC REVISION Climate Change Economics (IF 1.341) Pub Date : 2022-06-15 FRÉDÉRIC BABONNEAU, MARC VIELLE
Last year, Chile updated its Nationally Determined Contributions, moving from intensity-based emissions reductions to an effective emissions target. This paper aims to assess the economic and environmental impacts of this change in the current context of high uncertainty Chile faces with social protests and the COVID-19 pandemic. Using the computable general equilibrium model GEMINI-E3, we performed
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DOUBLE DIVIDEND REVISITED: NON-REVENUE NEUTRAL TAX REFORMS Climate Change Economics (IF 1.341) Pub Date : 2022-04-30 TAKUMI HAIBARA
The rebound effect requires a rethink of revenue recycling. It is this that this paper offers an alternative to mitigate this effect. Specifically, we adapt and extend the consumption-neutral tax reform of Haibara (Journal of Globalization and Development, 8, 1–11, 2017) to include pollution externalities. Unlike a revenue-neutral tax reform, this reform increases welfare irrespectively of the level
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DO BUSINESSES THAT DISCLOSE CLIMATE CHANGE INFORMATION EMIT LESS CARBON? EVIDENCE FROM S&P 500 FIRMS Climate Change Economics (IF 1.341) Pub Date : 2022-04-29 LILY HSUEH
Unlike prior literature, this paper exploits heterogeneity in the substantive contents of firms’ voluntary carbon disclosure to estimate the impact of their participation in the CDP (formerly the Carbon Disclosure Project) on firms’ entity-wide carbon footprints. Heterogeneity in firms’ substantive contents of disclosures pertains to their level of climate mitigation activity, ranging from basic transparency
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TACKLING CARBON INTENSITY WITH GREEN FINANCE IN THE COVID-19-ERA: RECOMMENDATIONS FOR OECD ECONOMIES Climate Change Economics (IF 1.341) Pub Date : 2022-04-29 LIJING LU, HAIYANG ZHENG, MEILAN CHEN, HINA NAJAM
Green financing has been examined in the literature. However, its impact on carbon intensity has not been fully investigated. This research sets out to fill this gap by using the dimensions of green loans, securities, insurance, and investment. In exploring the connections between green financing, nonfossil energy use, and carbon intensity, we utilized data from 2016 to 2020 to run an advanced quantile
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ACHIEVING GREENHOUSE GAS MITIGATION THROUGH CLIMATE CHANGE CONTROL WITH THE ROLE OF FINANCIAL DEVELOPMENT IN COVID-19 PERIOD Climate Change Economics (IF 1.341) Pub Date : 2022-04-18 ZHEN LIU, JIALI TIAN, LEILING WANG, RUBAB GUL
The study inquired the role of financial development (FD) on climate change control in COVID-19 period to identify the ways useful to achieve greenhouse gas mitigation in BRICS economies. BRICS countries are included because of their high energy-environment dependence and their need for climate financing through FD promoting greenhouse gas emission. The projected role of FD activity on climate change
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HOW CHANGES IN CLIMATE AFFECT CROP YIELDS IN EASTERN INDIA Climate Change Economics (IF 1.341) Pub Date : 2022-03-04 SOURYABRATA MOHAPATRA, BASIL SHARP, DUKHABANDHU SAHOO
Climate change wreaks havoc on the planet’s ecosystem, affects weather patterns and undermines food security. This paper investigates the effect of changing climate on Indian agriculture, and the climate sensitivity of food grain yield in the eastern region. Using a panel set of physical crop yields and analyzing district-level data from 1990 to 2017, the study estimates agricultural production functions
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MEASURING THE IMPACT OF ECONOMIC POLICIES ON CO2 EMISSIONS: WAYS TO ACHIEVE GREEN ECONOMIC RECOVERY IN THE POST-COVID-19 ERA Climate Change Economics (IF 1.341) Pub Date : 2022-03-03 WENJI HUANG, HAYOT BERK SAYDALIEV, WASIM IQBAL, MUHAMMAD IRFAN
Regional attempts to reduce pollution levels emerging from the European Union (EU) relative to 2010 are contrasted with unique policies of individual member countries’ aims to achieve a 10% reduction per country. Given this scenario, this research expands on the topic by developing a novel framework that links macroeconomic policies, total national expenditure per person, traditional energy use, renewable
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AGGRAVATING EFFECTS OF FOOD EXPORT RESTRICTIONS UNDER CLIMATE CHANGE ON FOOD SECURITY: AN ANALYSIS OF RICE ECONOMY BASED ON ALTERNATIVE INDICATORS Climate Change Economics (IF 1.341) Pub Date : 2022-03-03 YAWEN LIU, LINGYU YANG, JINZHU ZHANG, QI CUI, YU LIU, FENGYING NIE, YUMENG HU
The impact of climate change (CC) on food security has been widely discussed in the literature. However, the role of food export restrictions induced by CC is poorly understood. In this study, we take rice as an example and apply a global economic model to investigate the food security implications of CC and food export restrictions based on both self-sufficiency rate (SSR) and household rice consumption
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CLIMATE FINANCE IN THE WAKE OF COVID-19: CONNECTEDNESS OF CLEAN ENERGY WITH CONVENTIONAL ENERGY AND REGIONAL STOCK MARKETS Climate Change Economics (IF 1.341) Pub Date : 2022-02-25 SITARA KARIM, SHABEER KHAN, NAWAZISH MIRZA, SUHA M. ALAWI, FARHAD TAGHIZADEH-HESARY
Focusing on raising climate concerns and sustaining a clean ecosystem, the current study strives to examine the connectedness of clean energy markets with conventional energy markets and four regional stock markets of Asia, Pacific, Europe, and America for the period spanning January 1, 2004 to August 31, 2021. We employed the volatility connectedness methodology using dynamic conditional correlation
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EFFECTS OF CLIMATE CHANGE ON ELECTRICITY CONSUMPTION: A DECOMPOSITION OF INDUSTRIAL, RESIDENTIAL, AGRICULTURAL, AND COMMERCIAL SECTORS Climate Change Economics (IF 1.341) Pub Date : 2022-02-18 HYUN-GYU KIM
This study explores the impacts of temperature changes on electricity consumption in South Korea. In particular, the study estimates the impacts by separating them into the residential, commercial, industrial, and agricultural sectors. The study found that temperature changes affect the electricity consumption of all four sectors. However, the size and shape of impacts vary depending on the sector
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ENERGY FINANCING, COVID-19 REPERCUSSIONS AND CLIMATE CHANGE: IMPLICATIONS FOR EMERGING ECONOMIES Climate Change Economics (IF 1.341) Pub Date : 2022-02-04 LINHAI ZHAO, HAYOT BERK SAYDALIEV, SAJID IQBAL
This study is intended to test the role of renewable energy financing on climate change and to present the implications for the key stakeholders towards the acquisition of post-covid-recovery in the Asian and ASEAN economies. For this, data envelopment analysis (DEA) technique is applied to draw an inference between the constructs. Study finding resulted that higher energy consumption and rise in environmental
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DEVELOPMENT OF LOW-CARBON POWER TECHNOLOGIES AND THE STABILITY OF INTERNATIONAL CLIMATE COOPERATION Climate Change Economics (IF 1.341) Pub Date : 2021-12-31 VICKI DUSCHA, JAN KERSTING, SONJA PETERSON, JOACHIM SCHLEICH, MATTHIAS WEITZEL
This paper explores the effects of the technological development of key low-carbon power technologies (photovoltaic (PV), wind, and carbon capture and storage (CCS)) on the stability of global climate cooperation under several assumptions about climate-related damage. The methodology combines cooperative game theory with a global computable general equilibrium (CGE) model allowing us to endogenize
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HURRY UP OR WAIT: ARE PRIVATE INVESTMENTS IN CLIMATE CHANGE ADAPTATION DELAYED? Climate Change Economics (IF 1.341) Pub Date : 2021-11-01 CHARLES SIMS, SARAH E. NULL, JOSUE MEDELLIN-AZUARA, AUGUSTINA ODAME
Adaptation gaps arise when observed adaptation to climate change is slower than perceived adaptation potential. Two common explanations for adaptation gaps are (1) private parties failing to recognize that the climate is changing and (2) the cost of adaptation is higher than commonly believed. This paper shows how these two explanations are linked and that the likelihood and duration of adaptation
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CLIMATE CHANGE AND COFFEE FARM RELOCATION IN ETHIOPIA: A REAL-OPTIONS APPROACH Climate Change Economics (IF 1.341) Pub Date : 2021-10-06 LUCA DI CORATO, TSEGAYE GINBO
Climate change and emerging pests and diseases may negatively affect coffee yields and revenues in Ethiopian regions at low altitudes. Hence, the relocation of coffee farms to regions at higher altitudes has been suggested in order to assure sustainability and resilience for Ethiopian coffee production. In this paper, we study how sunk establishment costs, uncertain net returns and policy-induced incentives
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ENERGY INTENSIVE MANUFACTURING INDUSTRIES AND GHG EMISSIONS Climate Change Economics (IF 1.341) Pub Date : 2021-10-04 JARED CREASON, JAMEEL ALSALAM, KONG CHIU, ALLEN A. FAWCETT
This paper analyzes changes in U.S. energy-intensive, trade-exposed (EITE) manufacturing over the past decade, through the lens of previously proposed climate policy measures. The American Clean Energy and Security Act of 2009 defined measures and thresholds for EITE eligibility and proposed compensatory allowances designed to reduce negative competitive impacts to domestic industry and to prevent
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THE RESPONSE OF WHEAT PRODUCTIVITY TO CLIMATE PATTERNS: EVIDENCE FROM PAKISTANI DISTRICTS Climate Change Economics (IF 1.341) Pub Date : 2021-09-11 FAHEEM UR REHMAN, KAZI SOHAG
The study examines the impact of climate variables on wheat production in 10 major wheat-producing districts of Pakistan. In doing so, we apply the Driscoll–Kraay approach to estimate the panel data from 1981 to 2019. Our empirical analysis reveals that climate variables, including temperature, rainfall and humidity, follow a common correlation across districts. We find that wheat productivity and
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OPTIMAL CLIMATE POLICY IN 3D: MITIGATION, CARBON REMOVAL, AND SOLAR GEOENGINEERING Climate Change Economics (IF 1.341) Pub Date : 2021-08-02 MARIIA BELAIA, JUAN B. MORENO-CRUZ, DAVID W. KEITH
We introduce solar geoengineering (SG) and carbon dioxide removal (CDR) into an integrated assessment model to analyze the trade-offs between mitigation, SG, and CDR. We propose a novel empirical parameterization of SG that disentangles its efficacy, calibrated with climate model results, from its direct impacts. We use a simple parameterization of CDR that decouples it from the scale of baseline emissions
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HOW MUCH COULD ARTICLE 6 ENHANCE NATIONALLY DETERMINED CONTRIBUTION AMBITION TOWARD PARIS AGREEMENT GOALS THROUGH ECONOMIC EFFICIENCY? Climate Change Economics (IF 1.341) Pub Date : 2021-06-28 JAMES EDMONDS, SHA YU, HAEWON MCJEON, DIRK FORRISTER, JOSEPH ALDY, NATHAN HULTMAN, RYNA CUI, STEPHANIE WALDHOFF, LEON CLARKE, STEFANO DE CLARA, CLAYTON MUNNINGS
The Paris Agreement of 2015 uses Nationally Determined Contributions (NDCs) to achieve its goal to limit climate change to well below 2°C. Article 6 allows countries to cooperatively implement NDCs provided they do not double-count mitigation. We estimate that economic efficiency gains from cooperative implementation of existing NDC goals using Article 6 could reduce the cost of achieving NDC goals
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IMPACT OF CLIMATE CHANGE ON THE NET REVENUE OF MAJOR CROP GROWING FARMERS IN PAKISTAN: A RICARDIAN APPROACH Climate Change Economics (IF 1.341) Pub Date : 2021-06-04 ATTA ULLAH KHAN, AADIL HAMEED SHAH, MUHAMMAD IFTIKHAR-UL-HUSNAIN
Climate change has severely affected the crops’ productivity during the last few decades across the agrarian economies of the world, thereby resulting in a considerable loss per farmer in the yearly net revenue. Pakistan’s agriculture is sensitive to warming and it experienced an adverse effect in the net farm revenue (NFR). This study primarily predicts the adverse climate effects and estimates the
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WEATHER VARIABILITY, AGRICULTURAL PRODUCTIVITY, AND FARMER SUICIDES IN INDIA Climate Change Economics (IF 1.341) Pub Date : 2021-06-04 SONAL BARVE, K. S. KAVI KUMAR, BRINDA VISWANATHAN
Globalization, commercialization, modernization, erratic climatic conditions, individual expectations, contagion, and government policies are some of the reasons attributed to farmers’ suicides. This study hypothesizes that farmer suicides in India are primarily linked to loss in agricultural productivity which in turn is affected by adverse weather and low penetration of irrigation networks. Using
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ESTIMATING THE ECONOMIC IMPACTS OF CLIMATE CHANGE ON 16 MAJOR US FISHERIES. Climate Change Economics (IF 1.341) Pub Date : 2020-12-30 Chris Moore,James W Morley,Brian Morrison,Michael Kolian,Eric Horsch,Thomas FrÖlicher,Malin L Pinsky,Roger Griffis
Observational evidence shows marine species are shifting their geographic distribution in response to warming ocean temperatures. These shifts have implications for the US fisheries and seafood consumers. The analysis presented here employs a two-stage inverse demand model to estimate the consumer welfare impacts of projected increases or decreases in commercial landings for 16 US fisheries from 2021
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ESTIMATING THE ECONOMIC IMPACTS OF CLIMATE CHANGE ON 16 MAJOR US FISHERIES. Climate Change Economics (IF 1.341) Pub Date : 2020-12-30 Chris Moore,James W Morley,Brian Morrison,Michael Kolian,Eric Horsch,Thomas FrÖlicher,Malin L Pinsky,Roger Griffis
Observational evidence shows marine species are shifting their geographic distribution in response to warming ocean temperatures. These shifts have implications for the US fisheries and seafood consumers. The analysis presented here employs a two-stage inverse demand model to estimate the consumer welfare impacts of projected increases or decreases in commercial landings for 16 US fisheries from 2021
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DIKES VERSUS WINDMILLS: CLIMATE TREATIES AND ADAPTATION Climate Change Economics (IF 1.341) Pub Date : 2020-11-01 SCOTT BARRETT
This paper begins with a tribute to William Nordhaus, focusing on the two questions that have motivated his life’s work. The first is by how much carbon dioxide emissions should be reduced over time. The second is how to reach and enforce an agreement among sovereign nations to limit carbon dioxide emissions. Nordhaus was awarded the Nobel Prize for his efforts to answer the first question. I argue
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CLIMATE CLUBS WITH TAX REVENUE RECYCLING, TARIFFS, AND TRANSFERS Climate Change Economics (IF 1.341) Pub Date : 2020-10-28 DAIGEE SHAW,YU-HSUAN FU
The E3ME-FTT model is applied to assess the impacts of alternative climate club structures. We consider two kinds of climate club memberships: the World Climate Club (WCC), where every country in the world joins the club, and the Core Climate Club (CCC), with seven likely club members: EU[Formula: see text][Formula: see text][Formula: see text]5, Japan, South Korea, Canada, Brazil, Mexico, and Australia
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WHAT THE FUTURE MIGHT HOLD: DISTRIBUTIONS OF REGIONAL SECTORAL DAMAGES FOR THE UNITED STATES — ESTIMATES AND MAPS IN AN EXHIBITION Climate Change Economics (IF 1.341) Pub Date : 2020-10-12 GARY YOHE,JACQUELINE WILLWERTH,JAMES E. NEUMANN,ZOE KERRICH
The text and associated Supplemental Materials contribute internally consistent and therefore entirely comparable regional, temporal, and sectoral risk profiles to a growing literature on regional economic vulnerability to climate change. A large collection of maps populated with graphs of Monte-Carlo simulation results support a communication device in this regard — a convenient visual that we hope
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INTRODUCTION TO THE SPECIAL ISSUE COMMEMORATING WILLIAM NORDHAUS Climate Change Economics (IF 1.341) Pub Date : 2020-10-08 Robert Mendelsohn
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INTEGRATED ASSESSMENT AND CLIMATE CHANGE Climate Change Economics (IF 1.341) Pub Date : 2020-10-07 ROBERT MENDELSOHN
The crowning achievement of the many published papers and books that William Nordhaus has published on climate change is the development of a simple Integrated Assessment Model of climate change. Embedding natural science insights into an economic framework reveals one can “solve” this difficult problem “for the greatest good, for the greatest number, and for the longest time”. Making certain that
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Rolling the Dice in the Corridors of Power: William Nordhaus's Impacts on Climate Change Policy Climate Change Economics (IF 1.341) Pub Date : 2020-10-01 JOSEPH E. ALDY, ROBERT N. STAVINS
The seminal contributions of William Nordhaus to scholarship on the long-run macroeconomics of global climate change are clear. Much more challenging to identify are the impacts of Nordhaus and his research on public policy in this domain. We examine three conceptually distinct pathways for that influence: his personal participation in the policy world; his research’s direct contribution to the formulation
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U.S. HOUSEHOLD PREFERENCES FOR CLIMATE AMENITIES: DEMOGRAPHIC ANALYSIS AND ROBUSTNESS TESTING Climate Change Economics (IF 1.341) Pub Date : 2020-09-15 JARED C. CARBONE, SUL-KI LEE, YUZHOU SHEN
We estimate household demand for climate amenities in the United States with two main objectives in mind: (i) to estimate model parameters with the demographic detail needed to inform climate-induced migration responses in regional population projections for use in climate impact analysis; (ii) to study the robustness of estimates from the existing literature. With respect to the former goal, we find
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Selfish Bureaucrats and Policy Heterogeneity in Nordhaus' dice Climate Change Economics (IF 1.341) Pub Date : 2020-09-09 Richard S. J. Tol
Nordhaus’ seminal DICE model assesses first-best climate policy, a useful but unrealistic yardstick. I propose a measure of policy inefficacy if carbon prices are heterogeneous and use observed prices to recalibrate the DICE model. I introduce a model of climate policy with selfish bureaucrats, and calibrate it to carbon dioxide emissions in the European Union and the policy models used by the IPCC
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Impacts of mechanisms to promote participation in climate mitigation: border carbon adjustments vs uniform tariff measures Climate Change Economics (IF 1.341) Pub Date : 2020-07-20 KUN ZHANG, QIAO-MEI LIANG, LI-JING LIU, MEI-MEI XUE, BI-YING YU, CE WANG, RONG HAN, YUN-FEI DU, YUN-FEI YAO, JUN-JIE CHANG, JINXIAO TAN, HUA LIAO, YI-MING WEI
Because free-riding behavior is an inherent characteristic of climate change, how to protect the economic benefits of the emission reduction regions and prompt the noncooperative region to join the...
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FARMERS’ PERCEPTION OF CLIMATE CHANGE COMPARED WITH OBJECTIVE DATA: EVIDENCE FROM THE CENTRAL REGION OF GHANA Climate Change Economics (IF 1.341) Pub Date : 2020-07-17 SAMUEL KWESI NDZEBAH DADZIE
Many studies of climate change adaptation have relied on farmers’ perceptions of climate change to explain why farmers are adopting new farming methods, and to advise adaptation policy framework that justifies Climate Smart Agriculture (CSA) especially in Africa. These studies have rarely verified whether farmers’ perceptions are consistent with observed changes in meteorological conditions to establish
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ANALYSIS OF THE IMPACTS OF THE NDC SCENARIO ON ENERGY AND INDUSTRIAL STRUCTURE IN MAJOR COUNTRIES Climate Change Economics (IF 1.341) Pub Date : 2020-06-18 LIU CHANGXIN, WU JING, WANG ZHENG, WU LEYING
The IAM model EMRICES was adopted to analyze the energy and industrial structure trends of the major countries in the world. In the aspect of energy consumption, the energy varieties are subdivided...
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EXCESS VULNERABILITY FROM SUBSIDIZED FLOOD INSURANCE: HOUSING MARKET ADAPTATION WHEN PREMIUMS EQUAL EXPECTED FLOOD DAMAGE Climate Change Economics (IF 1.341) Pub Date : 2020-06-08 SCOTT J. COLBY, KATHERINE Y. ZIPP
We calculate there are 8.1% more houses in Allegheny County, PA (Pittsburgh) due to flood insurance subsidies. Conversely, if/when National Flood Insurance Program (NFIP) premiums rise by 50% to eq...
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COMPARATIVE ANALYSIS OF EMISSION REDUCTION TARGETS TOWARD INDC IMPLEMENTATION IN MALAYSIA, INDONESIA AND THAILAND BY 2050 Climate Change Economics (IF 1.341) Pub Date : 2020-05-01 ABUL QUASEM AL-AMIN, MD. SUJAHANGIR KABIR SARKAR, ADEEL AHMED, BRENT DOBERSTEIN
Global warming is becoming increasingly evident as greenhouse gas emissions increase worldwide and affect the environment, health and economy. Many Southeast Asian countries face this reality and hence they are concerned about setting and achieving an effective emission reduction strategy. As such, this study analyzes and compares emission reduction targets on selected Southeast Asian countries, including
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WEATHER AT DIFFERENT GROWTH STAGES, MULTIPLE PRACTICES AND RISK EXPOSURES: PANEL DATA EVIDENCE FROM ETHIOPIA Climate Change Economics (IF 1.341) Pub Date : 2020-05-01 HAILEMARIAM TEKLEWOLD, ALEMU MEKONNEN
This study investigates the effects of combinations of climate smart agricultural practices on risk exposure and cost of risk. We do this by examining the different risk components — mean, variance, skewness, and kurtosis — in a multinomial treatment effects framework by controlling weather variables for key stages of crop growth. We found that adoption of combinations of practices is widely viewed
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The impacts of the EU ETS on Norwegian plants' environmental and economic performance Climate Change Economics (IF 1.341) Pub Date : 2020-02-01 MARIT KLEMETSEN, KNUT EINAR ROSENDAHL, ANJA LUND JAKOBSEN
This paper examines the impacts of the EU Emissions Trading System (ETS) on the envi- ronmental and economic performance of Norwegian plants. The EU ETS is regarded as the cornerstone climate policy both in the EU and in Norway, but there has been considerable de- bate regarding its eects due to low quota prices and substantial allocation of free allowances to the manufacturing industry. Both quota
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Global market and economic welfare implications of changes in agricultural yields due to climate change Climate Change Economics (IF 1.341) Pub Date : 2020-02-01 KATHERINE CALVIN, BRYAN K. MIGNONE, HAROON S. KHESHGI, ABIGAIL C. SNYDER, PRALIT PATEL, MARSHALL WISE, LEON E. CLARKE, JAE EDMONDS
The economic welfare effects of climate change on global agriculture will be mediated by several complex biophysical and economic processes. For a given emissions scenario, these include: (1) the r...
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The critical role of conversion cost and comparative advantage in modeling agricultural land use change Climate Change Economics (IF 1.341) Pub Date : 2020-02-01 XIN ZHAO, KATHERINE V. CALVIN, MARSHALL A. WISE
The difference in land use modeling approaches is an important uncertain factor in evaluating future climate scenarios in global economic models. We compare five widely used land use modeling appro...
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Corn Yield Dynamics and Weather Shocks: Climate Change Implications for the U.S. Corn Belt Climate Change Economics (IF 1.341) Pub Date : 2019-12-26 JONATHAN McFADDEN, JOHN MIRANOWSKI
Unmitigated climate change is projected to reduce average U.S. corn yields. Many of these projections rely on stable model coefficients, which may not hold in practice. We investigate the assumption of spatio-temporal stability of weather coefficients in regressions of U.S. Corn Belt yields during 1950–2014 and examine their implications for climate change projections. We reject the null hypothesis
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Evaluating Carbon Capture and Storage in a Climate Model with Endogenous Technical Change Climate Change Economics (IF 1.341) Pub Date : 2019-12-19 TUNÇ DURMAZ, FRED SCHROYEN
We assess the extent to which Carbon Capture and Storage (CCS) and RD and a fossil energy regime where CCS is part of a long-term solution and is further developed at about the same rate as fossil energy technology. Our computations show that for current estimates of the marginal cost of CCS, the renewable energy regime clearly dominates the fossil fuel energy regime.
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The potential impact of climate change on agriculture in West Africa: A bio-economic modeling approach Climate Change Economics (IF 1.341) Pub Date : 2019-11-01 BORIS O. K. LOKONON, AKLESSO Y. G. EGBENDEWE, NAGA COULIBALY, CALVIN ATEWAMBA
This paper investigates the impact of climate change on agriculture in the Economic Community of West African States (ECOWAS). To that end, a bio-economic model is built and calibrated on 2004 base year dataset and the potential impact is evaluated on land use and crop production under two representative concentration pathways coupled with three socio-economic scenarios. The findings suggest that land
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A Critical Review of Cost-Benefit Analysis for Climate Change Adaptation in Cities Climate Change Economics (IF 1.341) Pub Date : 2019-11-01 AMBIKA MARKANDAY, IBON GALARRAGA, ANIL MARKANDYA
This study systematically reviews the scientific literature (n=56) on cost-benefit analysis (CBA) of adaptation measures in cities and similar urban environments. The review is conducted to assess ...
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Does harmful climate increase or decrease migration? Evidence from Rural Households in Nigeria Climate Change Economics (IF 1.341) Pub Date : 2019-11-01 CRISTINA CATTANEO, EMANUELE MASSETTI
This paper analyzes whether migration is an adaptation strategy that households employ to cope with climate in Nigeria. We estimate our model using the cross-sectional variation in climate and long...
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The Economic, Energy, and Emissions Impacts of Climate Policy in South Korea Climate Change Economics (IF 1.341) Pub Date : 2019-08-01 NIVEN WINCHESTER, JOHN M. REILLY
Using an economy-wide model, we evaluate the impact of policies to meet South Korea’s Paris pledge to reduce greenhouse gas (GHG) emissions by 37% relative those under business as usual (BAU) in 20...
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Evaluating India's Climate Targets: The Implications of Economy-wide and Sector Specific Policies Climate Change Economics (IF 1.341) Pub Date : 2019-08-01 ARUN SINGH, NIVEN WINCHESTER, VALERIE J. KARPLUS
We employ a numerical economy-wide model of India with energy sector detail to evaluate the impact of achieving India’s commitments to the Paris Climate Agreement. We simulate targets for reducing ...
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Factors Influencing Rice Farmers' Adaptation Strategies to Climate Change and Extreme Weather Event Impacts in Bangladesh Climate Change Economics (IF 1.341) Pub Date : 2019-08-01 KHADIYA AKTAR MAYA, MD. ABDUR RASHID SARKER, JEFF GOW
Introduction: Climate change has emerged as a major threat to Bangladesh. Higher and fluctuating temperatures and changes in rainfall caused by climate change and extreme weather events have reduced crop production. A better understanding of the local dimensions of vulnerability is therefore essential to develop appropriate adaptation measures that can alleviate these adverse impacts. Purpose and methods:
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Climate clubs vs. single coalitions: The ambition of international environmental agreements Climate Change Economics (IF 1.341) Pub Date : 2019-08-01 ACHIM HAGEN, KLAUS EISENACK
We investigate whether global cooperation on emissions abatement can be improved if asymmetric countries agree to sign one out of several environmental agreements. The analysis is based on a two-stage game theoretical model. Conditions for stable coalitions and the resulting global emissions are determined. We allow for multiple coalitions with all countries being different, and analyze the effects
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Effects of Changes in Climatic Conditions on New Mexico Pecan Production, Price, and Cash Receipts Climate Change Economics (IF 1.341) Pub Date : 2019-05-01 JEE W. HWANG, OKMYUNG BIN
This study estimates the effects of changes in climatic conditions on local pecan production, price, and cash receipts in New Mexico, USA, for the period from 1964 to 2014. Our primary measures for...
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Crop Diversification as Climate Change Adaptation: How do Bangladeshi Farmers Perform? Climate Change Economics (IF 1.341) Pub Date : 2019-05-01 SHAIKH MONIRUZZAMAN
This research is based on the theoretical framework of risk in rural agricultural economy where farmers consider climate change as idiosyncratic risk of production. Under the inter-temporal household consumption smoothing model, this paper considers crop diversification as an ex ante measure to tackle permanent income shock from climate change. This paper examines empirically whether crop diversity
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Cost and benefits of climate change in Switzerland Climate Change Economics (IF 1.341) Pub Date : 2019-05-01 FRANK VÖHRINGER, MARC VIELLE, PHILIPPE THALMANN, ANITA FREHNER, WOLFGANG KNOKE, DARIO STOCKER, BORIS THURM
Understanding the economic magnitude of climate change (CC) impacts is a prerequisite for developing adequate adaptation strategies. In Switzerland, despite new climate scenarios and impact studies, only few impacts have been monetized. Our objective is to assess costs and opportunities of CC for Switzerland by 2060, while enhancing the assessment methods. Using inputs from bottom-up impact studies
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The Effect of Domestic Air Pollution Mitigation and Fracking on Retirements of Coal Power Plants Climate Change Economics (IF 1.341) Pub Date : 2019-05-01 JOSEPH G. SCHIAVO, ROBERT MENDELSOHN
This paper quantifies the magnitude of multiple potential causes of coal-fired power plant retirements since 1997. The paper finds that although the low natural gas prices from fracking have increased retirements, the foremost cause of retirements has been the tightening of criteria air pollutant regulations. These pollution regulations encouraged significant mitigation investments to reduce sulfur
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Economic Impacts of Migration and Brain Drain after Major Catastrophe: The Case of Hurricane Katrina Climate Change Economics (IF 1.341) Pub Date : 2019-02-01 QIN FAN, MERI DAVLASHERIDZE
We develop a county-level recursive dynamic computable general equilibrium (CGE) model of Orleans Parish (OP) to examine local economic impacts of migration and brain drain after Hurricane Katrina. To incorporate hurricane-induced brain drain in the CGE model, we use a reduced-form model to estimate the change in the share of college graduates caused by hurricane-induced damages. Calibrating the model
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Using a carbon tax to meet US international climate pledges Climate Change Economics (IF 1.341) Pub Date : 2019-02-01 YUNGUANG CHEN, MARC A. C. HAFSTEAD
The United States recently ratified the Paris Agreement, under the UN Framework Convention on Climate Change (UNFCCC), in which it pledged to reduce greenhouse gas emissions by 26–28 percent, relative to 2005, by 2025. In the absence of policy efforts beyond those currently in place or already proposed by the Obama administration, the United States would likely fall well short of its promises. However
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The Critical Role of Markets in Climate Change Adaptation Climate Change Economics (IF 1.341) Pub Date : 2019-02-01 SARAH E. ANDERSON, TERRY L. ANDERSON, ALICE C. HILL, MATTHEW E. KAHN, HOWARD KUNREUTHER, GARY D. LIBECAP, HARI MANTRIPRAGADA, PIERRE MÉREL, ANDREW J. PLANTINGA, V. KERRY SMITH
Markets, especially land markets, can facilitate climate change adaptation through price signals. A review of research reveals that urban, coastal, and agricultural land markets provide effective signals of the emerging costs of climate change. These signals encourage adjustments by both private owners and policy officials in taking preemptive action to reduce costs. In agriculture, they promote consideration
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Sectoral targets to address competitiveness - A CGE analysis with focus on the global steel sector Climate Change Economics (IF 1.341) Pub Date : 2019-02-01 VICKI DUSCHA, EVERETT B. PETERSON, JOACHIM SCHLEICH, KATJA SCHUMACHER
In the wake of the Paris Climate Agreement, countries may employ sectoral approaches. These allow for efficiency gains while at the same time addressing the concerns of competitiveness and carbon leakage. Applying a multi-country, multi-sector dynamic CGE model, this paper explores the role of sector emission targets for the steel sector in an international agreement, their interaction with emissions
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The impact of climate variability on drought management: Evidence from Japanese river basins Climate Change Economics (IF 1.341) Pub Date : 2018-11-01 KAORI TEMBATA, KENJI TAKEUCHI
This study examines the effect of climate variability on water resource management during droughts. We use data from local droughts in Japan over three decades to investigate how variability in precipitation and temperature affects water restrictions implemented by drought coordination councils. We find that climate variability is significantly related to water restrictions in terms of both intensity
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Environmental consumption taxes on animal food products to mitigate greenhouse gas emissions from the European Union Climate Change Economics (IF 1.341) Pub Date : 2018-11-01 TORBJÖRN JANSSON, SARAH SÄLL
Livestock cause around 10% of total greenhouse gas (GHG) emissions in the European Union. Despite the large quantities, no economic policy is in place to reduce emissions from the sector. In this p...
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Warming and Income Growth in the United States: A Heterogeneous, Common Factor Dynamic Panel Analysis Climate Change Economics (IF 1.341) Pub Date : 2018-11-01 BRANTLEY LIDDLE
This paper analyzes whether temperature changes influence economic growth in the contiguous 48 US states by employing panel methods that address both heterogeneity and cross-sectional dependence. U...