no code implementations • 7 Apr 2024 • Jinchi Dong, Richard S. J. Tol, Fangzhi Wang
The majority of estimates of the social cost of carbon use preference parameters calibrated to data for North America and Europe.
no code implementations • 25 Mar 2024 • Nabeel Asharaf, Richard S. J. Tol
This study critically evaluates the impact of the Pradhan Mantri Ujjwala Yojana (PMUY) on LPG accessibility among poor households in India.
no code implementations • 14 Feb 2024 • Richard S. J. Tol
A new version of the database for the meta-analysis of estimates of the social cost of carbon is presented.
no code implementations • 29 Jan 2024 • Yi Jiang, Richard S. J. Tol
In the era of sustainability, firms grapple with the decision of how much to invest in green innovation and how it influences their economic trajectory.
no code implementations • 1 Jan 2024 • Francisco Estrada, Veronica Lupi, Wouter Botzen, Richard S. J. Tol
A permanent 1% reduction of the UHI in urban areas yields net present benefits of USD$484-USD$1, 562 per urban dweller.
no code implementations • 31 Dec 2023 • Theodoros Chatzivasileiadis, Ignasi Cortes Arbues, Jochen Hinkel, Daniel Lincke, Richard S. J. Tol
This study investigates the long-term economic impact of sea-level rise (SLR) on coastal regions in Europe, focusing on Gross Domestic Product (GDP).
no code implementations • 18 Dec 2023 • Fangzhi Wang, Hua Liao, Richard S. J. Tol, Changjing Ji
Carbon abatement decisions are usually based on the implausible assumption of constant social preference.
no code implementations • 30 Nov 2023 • Fangzhi Wang, Hua Liao, Richard S. J. Tol
We investigate optimal carbon abatement in a dynamic general equilibrium climate-economy model with endogenous structural change.
no code implementations • 19 Oct 2023 • Richard S. J. Tol
The social cost of carbon is the damage avoided by slightly reducing carbon dioxide emissions.
no code implementations • 31 Jul 2023 • Richard S. J. Tol
Stringent climate policy compatible with the targets of the 2015 Paris Agreement would pose a substantial fiscal challenge.
no code implementations • 17 Apr 2023 • Francisco Estrada, Richard S. J. Tol, Wouter Botzen
Our results imply that using global mean temperature change in IAMs as a summary measure of warming is not adequate for estimating the costs of climate change.
no code implementations • 10 Mar 2023 • Richard S. J. Tol
Chemistry laureates have the most Nobel ancestors and descendants, economics laureates the fewest.
no code implementations • 18 Jan 2023 • Richard S. J. Tol
The transition to carbon-free energy poses new challenges for energy security, from a shift in dependence from some resources (coal, oil, gas) to others (rare earths, wind, sunshine) to substantial redundancies in the energy capital stock to undercapitalized energy companies, while regulatory uncertainty deters investment.
no code implementations • 15 Nov 2022 • Valeria Terrones, Richard S. J. Tol
Previous studies show that natural disasters decelerate economic growth, and more so in countries with lower financial development.
no code implementations • 2 Sep 2022 • Richard S. J. Tol
The temperature targets in the Paris Agreement cannot be met without very rapid reduction of greenhouse gas emissions and removal of carbon dioxide from the atmosphere.
no code implementations • 29 Jul 2022 • Richard S. J. Tol
Four case studies suggest that the IPCC, in its current form, will not be able to successfully switch from ex ante to ex post policy evaluation.
no code implementations • 25 Jul 2022 • Richard S. J. Tol
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results: (1) The central estimate of the economic impact of global warming is always negative.
1 code implementation • 10 Jul 2022 • Richard S. J. Tol
I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics.
no code implementations • 31 May 2022 • Johannes Konig, David I. Stern, Richard S. J. Tol
We compute confidence intervals for recursive impact factors, that take into account that some citations are more prestigious than others, as well as for the associated ranks of journals, applying the methods to the population of economics journals.
1 code implementation • 8 May 2021 • Richard S. J. Tol
A meta-analysis of published estimates shows that the social cost of carbon has increased as knowledge about climate change accumulates.
no code implementations • 27 Apr 2021 • Richard S. J. Tol
Many empirical studies have shown that government quality is a key determinant of vulnerability to natural disasters.
no code implementations • 25 Feb 2021 • Richard S. J. Tol
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.
no code implementations • 26 Nov 2020 • Richard S. J. Tol
The paper presents the professor-student network of Nobel laureates in economics.
no code implementations • 8 Apr 2020 • Tatyana Deryugina, Frances Moore, Richard S. J. Tol
The Coase Theorem has a central place in the theory of environmental economics and regulation.
1 code implementation • 6 Aug 2019 • Vivek Srikrishnan, Yawen Guan, Richard S. J. Tol, Klaus Keller
Our global sensitivity analysis identifies several key economic drivers of uncertainty in future emissions and shows important higher-level interactions between economic and technological parameters, while population uncertainties are less important.
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