The authors analyze the impact of different adaptation strategies on crop net revenues in the Nile Basin of Ethiopia and they estimate a multinomial endogenous switching regression model of climate change adaptation and crop net revenues and implement a counterfactual analysis.
On Wednesday 23 October, EPRU hosted the EfD Policy day at Commodore Hotel, Cape Town, South Africa. The policy day brought together policy makers from various governmental levels, practitioners, NGOs
The general objective is to estimate, from an interdisciplinary perspective, the economic and social impact of changes in water availability due to climate change. This objective involves quantifying the relationship between changes in water availability due to climate change, and population growth, land use changes, carbon sequestration and other social and environmental stressors that affect the quality of life of people relaying on water provision in a geographical region.
The general objective is to estimate, from an interdisciplinary perspective, the economic and social impact of changes in water availability due to climate change. This objective involves quantifying
A driving restriction policy, as a control-and-command rationing measure, is a politically acceptable policy tool to address traffic congestion and air pollution in some countries and cities. Beijing was the first city in China to implement this policy. A one-day-a-week driving restriction scheme was expected to take 20 percent of cars off the road every weekday.
This article is a good example of EfDs mission: combining policy advice and research. It is based on a consultancy for the US EPA who asked Maureen Cropper to lead a process with a panel of experts to help advise them on what discount rate to use for climate change – and specifically about falling discount rates. This paper (and a longer one in REEP that is forthcoming) is a byproduct of that work.
A CO2 tax assures that different fossil fuels are taxed in a neutral way according to actual CO2 emissions. The Swedish experience can be summarized by increased tax levels over time and steps taken towards a more uniform national price on fossil CO2. Moreover, the CO2 tax base is only moderately elastic to price changes (particularly in the short run) when it comes to petrol and diesel implying quite stable tax revenues.
Discounting has the dubious distinction of being the most controversial issue in social cost-benefit analysis. This is largely because choosing the discount rate will often dominate other choices a modeler makes. For example, consider how we might estimate future damages from greenhouse gas emissions.
In spite of the multiple layers of uncertainty surrounding natural science issues, most of the controversy over Stern’s The Economics of Climate Change concerned one number: the discount rate.
Using a sequential discrete choice experiment, we investigate preferences for distributing the economic burden of reducing CO2 emissions in the two largest CO2-emitting countries: the United States and China.
Resilience to specified kinds of disasters is an active area of research and practice. However, rare or unprecedented disturbances that are unusually intense or extensive require a more broad-spectrum type of resilience.