Notes on Optimal Growth, Climate Change Calamities, Adaptation and Mitigation

Mitigation + Adaptation What is the optimal climate change policy mix ?

In dealing with climate change, how much should governments focus their effort on mitigation (emission reduction to prevent climate change) and on adaptation (coping with a changed climate)? Very little research has gone into pinning down which strategy is dynamically optimal under what kind of conditions. This paper contributes to this debate by developing a parsimonious optimal control model ...

Optimal growth with adaptation to climate change

Many economic sectors, like housing or transportation, are exposed to climate and likely to suffer efficiency losses when climate changes. The global economy is far from being sheltered from climate, these sectors represent a significant fraction of the existing capital stock. Using an optimal growth model with perfect knowledge, we examine the balance between efficiency losses and investment i...

Beyond Mitigation: Planning for Climate Change Adaptation

Integrating Climate Change Adaptation and Mitigation with Urban planning for a Livable city in Tehran

Climate change impacts are seen within growing numbers of cities in low- and middle-income countries, so there is growing interest in the adaptation and mitigation plans and programs put forward by city authorities. This paper aims to provide a better understanding of the constraints which cities face them in this subject by analyzing the case of Tehran. City has a commitment to decentralizatio...

Understanding Farmer Perspectives on Climate Change Adaptation and Mitigation

The statistical models used in this study adapt the multivariate capabilities of structural equation models (SEMs) to handle variables with discrete ordered response categories. These models link the observed (categorical) response y i,j for item j by subject i to an unobserved continuous variable y * i,j through an ordinal probit model. An example for a five-category item would be: 1 if agree)...