منابع مشابه
Costs of Adjustment to Climate Change
We thank Nancy Wallace for helpful comments and criticism.
متن کاملAdjustment Costs from Environmental Change
The paper is concerned with the case whereby the distribution of a firm’s productivity shocks changes without the knowledge of the firm. Over time the firm learns about the nature and extent of the change in the distribution of the shock and adjusts, incurring adjustment costs in the process. The long run loss in profits (±) due to the shift in the distribution we term the equilibrium response....
متن کاملTHE AUSTRALIAN NATIONAL UNIVERSITY WORKING PAPERS IN ECONOMICS AND ECONOMETRICS Costs of Adjustment to Climate Change
We thank Nancy Wallace for helpful comments and criticism.
متن کاملClimate Protection Assessment of Costs of Inaction or Delayed Action of Climate Protection and Climate Change
T he ultimate objective of the climate convention and of related instruments like the Kyoto protocol is to reduce greenhouse gas emissions to a level that avoids dangerous climate change. In order to considerably reduce risks of climate change, the European Union already decided a climate protection target: to prevent global surface temperature to increase more than 2°C (Celsius) compared to pr...
متن کاملEstimates of the Damage Costs of Climate Change
Monetised estimates of the impact of climate change are derived. Impacts are expressed as functions of climate change and ‘vulnerability’. Vulnerability is measured by a series of indicators, such as per capita income, population above 65, and economic structure. Impacts are estimated for nine world regions, for the period 2000–2200, for agriculture, forestry, water resources, energy consumptio...
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ژورنال
عنوان ژورنال: The Australian Journal of Agricultural and Resource Economics
سال: 2003
ISSN: 1364-985X,1467-8489
DOI: 10.1111/j.1467-8489.2003.00222.x