Endogenous Growth, Convexity of Damage and Climate Risk
How Nordhaus' Framework Supports Deep Cuts in Carbon Emissions
Dados Bibliográficos
| ID | 9716725 |
|---|---|
| Autores | Simon Dietz (0000-0001-5002-018X, London School of Economics and Political Science), Nicholas Stern (London School of Economics and Political Science) |
| Ano | 2015 |
| Volume | 125 |
| Fascículo | 583 |
| Páginas | 574-620 |
| Data de publicação | 2015-03-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | The Economic Journal (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editora | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12188 |
| OpenAlex | W3121371609 |
| Idioma | EN |
| Citações recebidas | 62 |
| Referências citadas | 32 |
To slow or not to slow' (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of worldwide importance. We offer our assessment of the original article and trace its legacy, in particular Nordhaus's later series of 'DICE' models. From this work, many have drawn the conclusion that an efficient global emissions abatement policy comprises modest and modestly increasing controls. We use DICE itself to provide an initial illustration that, if the analysis is extended to take more strongly into account three essential elements of the climate problem – the endogeneity of growth, the convexity of damage and climate risk – optimal policy comprises strong controls
Carbon fibers · Climate change · Convexity · Econometrics · Economic growth · Economics · Endogenous growth theory · Financial economics · Natural resource economics · Climate Change Policy and Economics · Environmental Science · Geology · Global Energy and Sustainability Research · Mathematics · Sustainable Development and Environmental Policy
Natural climate solutions
The Economic Impacts of Natural Disasters
Climate policy uncertainty and firm-level total factor productivity
Inequality, climate impacts on the future poor, and carbon prices
The Economic Impacts of Climate Change
Storylines
The impact of climate conditions on economic production. Evidence from a global panel of regions
Managing the energy trilemma in the Philippines
The cost of mitigation revisited
Biophysical and economic constraints on China’s natural climate solutions
Climate economics support for the UN climate targets
Integrated perspective on translating biophysical to economic impacts of climate change
Climate change and gender inequality
Climate policy uncertainty and corporate investment efficiency
Humanity does not play Dice
Climate change and urban total factor productivity
The Social Cost of Carbon
Social Cost of Carbon Under Stochastic Tipping Points
William D. Nordhaus
Pollution, public debt, and growth
Banques et marchés financiers
Climate module disparities explain inconsistent estimates of the social cost of carbon in integrated assessment models
Will the use of a carbon tax for revenue generation produce an incentive to continue carbon emissions
The role of capital costs in decarbonizing the electricity sector
Economic damages from on-going climate change imply deeper near-term emission cuts
The social cost of carbon dioxide under climate-economy feedbacks and temperature variability
Climate uncertainty impacts on optimal mitigation pathways and social cost of carbon
Persistent effect of temperature on GDP identified from lower frequency temperature variability
Quantifying uncertainty about global and regional economic impacts of climate change
An Agent-Based Approach to Integrated Assessment Modelling of Climate Change
Not a dream wedding
Towards the development of economic damage functions for weather and climate extremes
The potential impacts of climate change on capital in the 21st century
Income-generating Effects of Biofuel Policies
A note on climate change and growth dynamics
Use and non-use value of nature and the social cost of carbon
Benefit-Cost Analysis for Climate Action
The costs and benefits of environmental sustainability
Why the social cost of carbon will always be disputed
Modeling myths
The effects of climate change on the natural rate of interest
Distributional impacts of climate change on agricultural total factor productivity in India
Social cost of carbon under shared socioeconomic pathways
Coping With Collapse
Do ecological protection approaches affect total factor productivity change of cropland production in Sweden
Getting the Costs of Environmental Protection Right
Population growth and climate change
Challenges and innovations in the economic evaluation of the risks of climate change
A stock-flow-fund ecological macroeconomic model
Preface – Times Have Changed
Economic Growth and Household Purchasing Power in France
Income and Wealth Inequality in France
Forty Years of Change in Labour Supply and Demand by Skill Level – Technical Progress, Labour Costs and Social Change
Fifty Years of Abstracts in the Journal Economie et Statistique
The Emergence and Consolidation of Microsimulation Methods in France
What Value Do We Attach to Climate Action
Labour Share Developments in OECD Countries Over the Past Two Decades
Country-level Risk and Green Energy Transition
The Social Cost of Carbon with Economic and Climate Risks
A Time for Action on Climate Change and a Time for Change in Economics
Climate Change Mitigation Policies
Reminiscing on the Use and Abuse of 14 C and 13 C in Atmospheric Co 2
Warming the World
The Economics of Climate Change
Climate Change Policy
An Optimal Transition Path for Controlling Greenhouse Gases
A Review of the Stern Review on the Economics of Climate Change
Temperature Shocks and Economic Growth
Context and Early Origins of the Intergovernmental Panel on Climate Change
The Economics of Climate Change
The Structure of Economic Modeling of the Potential Impacts of Climate Change
Tipping elements in the Earth's climate system
Greenhouse-gas emission targets for limiting global warming to 2 °C
The Growth of Nations
The Economic Implications of Learning by Doing
A Question of Balance
A history of international climate change policy
Some economics of ‘dangerous’ climate change
Increasing Returns and Long-Run Growth
To Slow or Not to Slow
A Contribution to the Theory of Economic Growth
The Idea of Justice
| Obras citantes distintas | 62 |
|---|---|
| Citações por ano | 5,64 |
| Intervalo de citações | 2015 - 2026 (12) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 62 |