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on Environmental Economics |
| By: | Raff, Zach; Earnhart, Dietrich |
| Keywords: | Environmental Economics And Policy, Livestock Production/Industries |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343659 |
| By: | Wu, Qi; Liu, Shuyun; Fan, Shenggen |
| Keywords: | International Development, Labor And Human Capital, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343729 |
| By: | Majeed, Fahd; Khanna, Madhu; Miao, Ruiqing |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344043 |
| By: | Ferguson, Joel D.; Govaerts, Bram |
| Keywords: | Agribusiness, Environmental Economics And Policy, Research And Development/ Tech Change/Emerging Technologies |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343753 |
| By: | Guimbeau, Amanda; Ji, Xinde; Menon, Nidhiya |
| Keywords: | International Development, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343547 |
| By: | Davis, Eric; Sohngen, Brent; Lewis, David |
| Keywords: | Environmental Economics And Policy, Land Economics/Use, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343536 |
| By: | Kakpo, Ange T.; Tabe-Ojong, Martin Paul |
| Keywords: | Environmental Economics And Policy, Agricultural And Food Policy, Land Economics/Use |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344076 |
| By: | Zhang, Zhi Min; Yu, Chengzheng; Li, Jingting |
| Keywords: | Environmental Economics And Policy, Health Economics And Policy, International Relations/Trade |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343627 |
| By: | Chen, Ze; Cheng, MingDa; Zhou, Xiaohe |
| Keywords: | Health Economics And Policy, Environmental Economics And Policy, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343625 |
| By: | Arnold, Jane; De Figueiredo Silva, Felipe; Vassalos, Michael |
| Keywords: | Agribusiness, Production Economics, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343769 |
| By: | Nguyen, Nhu; Reeling, Carson; Verdier, Valentin |
| Keywords: | Agricultural And Food Policy, Environmental Economics And Policy, Research Methods/Statistical Methods |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343675 |
| By: | Towe, Charles A.; Dang, Ruirui |
| Keywords: | Environmental Economics And Policy, Risk And Uncertainty, Community/Rural/Urban Development |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343845 |
| By: | Kai Lessmann; Friedemann Gruner; Matthias Kalkuhl; Ottmar Edenhofer |
| Abstract: | We analyze how conventional emissions trading schemes (ETS) can be modified by introducing ”clean-up certificates” to allow for a phase of net-negative emissions. Clean-up certificates bundle the permission to emit CO2 with the obligation for its removal. We show that demand for such certificates is determined by cost-saving technological progress, the discount rate and the length of the compliance period. Introducing extra clean-up certificates into an existing ETS reduces near-term carbon prices and mitigation efforts. In contrast, substituting ETS allowances with clean-up certificates reduces cumulative emissions without depressing carbon prices or mitigation in the near term. We calibrate our model to the EU ETS and identify reforms where simultaneously (i) ambition levels rise, (ii) climate damages fall, (iii) revenues from carbon prices rise and (iv) carbon prices and aggregate mitigation cost fall. For reducing climate damages, roughly half of the issued clean-up certificates should replace conventional ETS allowances. In the context of the EU ETS, a European Carbon Central Bank could manage the implementation of clean-up certificates and could serve as an enforcement mechanism. |
| JEL: | H23 Q54 Q58 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11167 |
| By: | Kento Ichii; Toshiki Muraoka; Nobumichi Shinohara; Shunsuke Managi; Shutaro Takeda |
| Abstract: | In order to explore the possibility of carbon credits for greening projects, which play an important role in climate change mitigation, this paper examines a formula for estimating the amount of carbon fixation for greening activities in urban areas through tree planting. The usefulness of the formula studied was examined by conducting calculations based on actual data through measurements made by on-site surveys of a greening companie. A series of calculation results suggest that this formula may be useful. Recognizing carbon credits for green businesses for the carbon sequestration of their projects is an important incentive not only as part of environmental improvement and climate change action, but also to improve the health and well-being of local communities and to generate economic benefits. This study is a pioneering exploration of the methodology. |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2407.05596 |
| By: | Misev, Marina A. (University of Basel); Balles, Patrick (University of Basel) |
| Abstract: | This study examines how the occurrence of natural disasters in the U.S. influences investor interest in green assets and actual investments, focusing on inflows into green ETFs as a proxy for non-fundamental demand. Event study analyses demonstrate both increases in investor interest in eco-friendly investments (proxied by Google searches) and inflows into green ETFs following disasters, driven by the period following the 2015 Paris Agreement. The additional inflows average about USD 4.3 million in the week directly following disasters, compared to average inflows of around USD 1.1 million in the non-disaster reference window. Importantly, both effects disappear when other attention-grabbing events, such as terrorist attacks or mass shootings, occur simultaneously with disasters. Analysis of climate change coverage across U.S. media suggests that media attention devoted to climate change concerns drives the documented shifts in investor behavior towards green investments. Furthermore, analysis of flows in brown ETFs (e.g., the oil and gas sector) reveals analogous disinvestments in the wake of disasters, but notably, only in the absence of concurrent distracting events. |
| JEL: | G14 G41 |
| Date: | 2024–07–03 |
| URL: | https://d.repec.org/n?u=RePEc:bsl:wpaper:2024/07 |
| By: | Julian Radek; Marco Sebastian Breder; Christoph Weber (Chair for Management Sciences and Energy Economics, University of Duisburg-Essen) |
| Abstract: | To ensure sustainable green hydrogen (H2) production, the European Union (EU) has introduced regulatory frameworks, such as the Delegated Act on Renewable Hydrogen. These regulations aim to ensure positive environmental effects through green hydrogen by establishing criteria of additionality, as well as spatial and temporal correlation. However, concerns have arisen among stakeholders regarding the potential barriers these criteria may pose to the growth of the EU hydrogen economy. Our analysis examines the implications of these regulations, analyzing the effects of the criteria on green hydrogen production from a system perspective. By doing that, we can assess the interplay with hydrogen production in European non-EU countries, as well as the role of third country import prices and quantities, while accounting for the EU objective of achieving net zero emissions by 2050. Our findings indicate that the EU hydrogen economy may be substantially affected by restrictive criteria for green hydrogen. Policy makers are therefore advised to carefully assess whether a level playing field can be established and to avoid overly restrictive unilateral measures. |
| Keywords: | Hydrogen economy, Green Hydrogen, Energy market modeling, Regulation |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:dui:wpaper:2402 |
| By: | Ghosh, Surajit; Mallick, A.; Dawn, A.; De Sarkar, K.; Chowdhury, A.; Kour, S.; Ghosh, A.; Holmatov, Bunyod |
| Abstract: | The report presents the prime aims, objectives, discussions and insights from the “Training Workshop on Digital Data and Tools for Managing Agriculture: Focusing on Earth Observation Data and Climate Change” organized at IIIT Bhubaneshwar from 21st to 23rd December 2023. The workshop was attended by 81 participants and jointly conducted by IIIT Bhubaneshwar, IWMI, and IEEE GRSS Kolkata Chapter. The primary objective of the workshop was to equip participants with practical skills and knowledge to utilize digital data and tools, especially Earth observation data, for effective agricultural management in the context of climate change and make evidence-based decisions to confront challenges in the food system, urban water pollution, GHG emissions & nexus. The programme encompassed the challenges posed by population growth, climate change and urbanization on the water, food and energy nexus, and the need to address the complexities to achieve sustainable development and mitigate environmental impacts is necessary. Through various sessions, the workshop highlighted concerns about GHG emissions and their mitigation by transitioning to renewable energy, carbon capture and storage, water hyacinth mapping in urban and peri-urban wetlands, Artificial Intelligence/Machine Learning (AI/ML) applications for rice mapping, flood damage assessment, maternal, infant and young children nutrition deficit under extreme weather conditions, agricultural data collection tools and sustainable agriculture practices. The CGIAR’s Mitigate+: Low-Emission Food Systems Initiative focuses on reducing emissions from the food systems by developing robust science, data, and evidence (among other activities). Another initiative by CGIAR on Resilient Cities generates evidence, technologies, and capacities that help improve urban food systems and secure equitable job and business opportunities, healthy diets for all, human and environmental health, and a reduced carbon footprint. Both initiatives provided resources to support the training workshop to empower students, researchers, scientists, academicians, decision-makers, and policymakers with cutting-edge knowledge and tools to integrate digital data into agricultural management practices. Participants learned about the latest advancements in Earth observation technologies, big data analytics, and digital tools that can help predict and make robust, evidence-based decisions as they confront challenges in the food system, urban water pollution, strategies to reduce GHG emissions, and tackling the nexus challenges. Thus, the workshop was envisioned as a catalyst to empower the agricultural community with digital tools and data, fostering resilience and productivity in the face of climate change. The criticality of Earth Observation (EO) data and digital tools in informing agricultural management decisions was rigorously examined and elucidated through a comprehensive program comprising six keynote addresses, nine scholarly lectures and six practical demonstrations, all facilitated by esteemed national (including IIT Guwahati, IIWM, Assam University, OSDMA, SAADRI, and SPARC) and international institutions (such as IWMI, World Bank, and DLR). A pre-event catch up with the participants was held on the first day session as a social ice-breaking session. The discourse was further enriched by an expert panel discussion on the ‘Role of Digital Tools in Mitigating Climate Change Effects on Agriculture’, an intensive brainstorming session entitled ‘Data Science and Sustainability Challenge’ and a showcase of research presentation by the participants. These engagements highlighted the practical and innovative usages of EO data for managing agriculture in the context of climatic challenges and emphasized how such strategic applications contribute towards attaining the SDGs. Of the 82 participants, 63% are male, and 37% are female. Among the attendees, 52% were at the graduate and post-graduate level, while 26% of the participants were research scholars from various Indian institutions. Of the other participants, 22% were faculty and professionals. This diversity of participants demonstrates the programme’s appeal to different professionals and researchers. The participants come from multiple institutions, including renowned universities and research centres across India like IIT Roorkee, BIT Mesra, ISI Kolkata, Techno Main Salt Lake, IIT Kharagpur, IIT Mandi, Fakir Mohan University, KIIT, and many more. This institutional diversity indicates the programme’s broader reach and appeal among academic and research organizations. These analytics provide valuable insights into the participants’ gender distribution, designations, education levels, and institutional affiliations. The inclusivity and diversity, reflected in gender representation and institutional affiliations, created a dynamic and comprehensive learning community. The diverse curriculum gave them valuable knowledge and skills to solve real-life challenges associated with major natural disasters. |
| Keywords: | Agribusiness, Climate Change, Research and Development/Tech Change/Emerging Technologies |
| Date: | 2023–12–31 |
| URL: | https://d.repec.org/n?u=RePEc:ags:iwmicp:344116 |
| By: | Opokua Asare (University of Oldenburg, Department of Economics); Laura Schuerer (University of Oldenburg, Department of Economics) |
| Abstract: | While Tanzania’s greenhouse gas emission levels still seem low by international comparison, the country is rapidly carbonizing, and most households still rely on kerosene, charcoal, and firewood for cooking and lighting. Carbon pricing can be an effective tool to discourage the creation of high carbon lock-ins, to generate substantial revenues, and to channel them toward sustainable development. Employing a microsimulation approach that integrates multiregional input-output and household-level data, we examine the distributional impacts of four different carbon pricing designs and five compensation schemes on Tanzanian households. We find that national carbon pricing would have progressive effects but with large horizontal differences. Revenue-financed cash or infrastructure transfers would effectively mitigate adverse impacts on low- and middle-income households. We suggest the use of carbon pricing revenues to provide low-income households with access to renewable energy appliances such as solar lights and solar cookers to empower them through long-term cost and time savings as well as health benefits. This would contribute not only to alleviating poverty but also to achieving Tanzania’s electrification and clean cooking objectives. |
| Keywords: | Climate policy, Carbon pricing, Tax incidence, Distributional effect, Inequality, Sustainable development, Renewable energy, Sub-Saharan Africa, Tanzania |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:old:dpaper:446 |
| By: | Elisa Belfiori; Daniel R. Carroll; Sewon Hur |
| Abstract: | We study climate policy in an economy with heterogeneous households, two types of goods (clean and dirty), and a climate externality from the dirty good. Using household expenditure and emissions data, we document that low-income households have higher emissions per dollar spent than high-income households, making a carbon tax regressive. We build a model that captures this fact and study climate policies that are neutral with respect to the income distribution. A central feature of these policies is that resource transfers across consumers are ruled out. We show that the constrained optimal carbon tax in a heterogeneous economy is heterogeneous: Higher-income households face a higher rate. Our main result shows that when the planner is limited to a uniform carbon tax, the tax follows the Pigouvian rule but is lower than the unconstrained carbon tax. Finally, we embed this model into a standard incomplete markets framework to quantify the policy effects on the economy, climate and welfare, and we find a Pareto-improving result. The climate policy is welfare-improving for every consumer. |
| Keywords: | carbon tax; inequality; consumption; welfare; climate change |
| JEL: | D62 H23 Q54 |
| Date: | 2024–07–16 |
| URL: | https://d.repec.org/n?u=RePEc:fip:feddgw:98565 |
| By: | Wang, Ming; Manning, Dale |
| Keywords: | Resource/Energy Economics And Policy, Community/Rural/Urban Development, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343642 |
| By: | Palmer, James “Jimmy” |
| Keywords: | Agricultural Finance, Climate Change |
| Date: | 2024–07–27 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344183 |
| By: | Shi, Hongxu; Chen, Kelin; Zhang, Jun |
| Keywords: | Environmental Economics And Policy, Community/Rural/Urban Development, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343702 |
| By: | Ogieriakhi, Macson O.; Wang, Xingguo |
| Keywords: | Environmental Economics And Policy, Resource/Energy Economics And Policy, Health Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343545 |
| By: | Wang, Zhan; Hertel, Thomas W. |
| Keywords: | International Relations/Trade, Land Economics/Use, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343755 |
| By: | Tafere, Kibrom; Srivastava, Bhavya; Behrer, Arnold P. |
| Keywords: | Environmental Economics And Policy, International Development |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343693 |
| By: | Raisa Sherif; Sven A. Simon |
| Abstract: | Today’s environmental challenges prompt individuals to take personal actions, though motivations vary. This paper presents causal evidence of a trade-off between two motivations behind pro-environmental behaviors (PEBs): maximizing environmental impact or being seen as green. In an experiment on voluntary carbon offsetting, we first isolate each motivation and quantify their impact. We then investigate whether individuals deliberately trade-off impact for the visibility of their actions, and why they do so. Our results show that while individuals respond to salient differences in efficiency and visibility, visible PEBs crowd out efficient alternatives, indicating a preference for being seen as green over actual environmental impact. We disentangle two motivations driving this preference for visible actions: social image concerns and role model aspirations. Role model aspirations exert a stronger influence, leading individuals to choose visible PEBs over efficient ones more frequently. |
| Keywords: | Pro-environmental behavior, Efficient behavior, Visible behavior, Role-model aspirations, Social image, Green preferences |
| JEL: | C90 D90 Q50 |
| Date: | 2023–06–01 |
| URL: | https://d.repec.org/n?u=RePEc:mpi:wpaper:tax-mpg-rps-2023-27 |
| By: | E.R.L. Sanna; M. Meleddu |
| Abstract: | This paper aims to provide a comprehensive review of the literature on environmental conflicts within protected areas and identify key foundational theories to effectively study conflict phenomena. Through the lens of ecological economics, environmental conflicts are viewed as injustices rooted in the distribution of resource rights and power dynamics. Based upon the review, the paper proposes a novel theoretical framework that integrates principles from environmental justice and ecological economics to better outline the three dimensions of conflict - substance, process and relation. The framework conceptualises conflicts as social–ecological systems in which the configuration of social relations and entitlements over ecosystem services plays a pivotal role in understanding governance challenges related to resource management in protected areas. The paper also proposes a set of indicators to measure the theoretical domains. In line with the social–ecological systems approach, it underscores the importance of utilising social–ecological network analysis techniques to effectively calculate these indicators. Overall, the paper deliver a comprehensive toolkit for practitioners and policymakers in addressing the intricate dynamics of conflicts over natural resource management, especially within protected areas. |
| Keywords: | Property rights;ecosystem services;Social–Ecological Network;Environmental justice;Protected areas conflicts |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:cns:cnscwp:202413 |
| By: | Chen, Kevin; Hu, Shuang; Ji, Chen |
| Keywords: | Agribusiness, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344015 |
| By: | Zachary, James C.; Rehkamp, Sarah |
| Keywords: | Resource/Energy Economics And Policy, Production Economics, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343764 |
| By: | Lassi Ahlvik; Matti Liski; Mikael Mäkimattila |
| Abstract: | This paper develops a mechanism design approach to study externalities and re-distribution. The mechanism screens individuals’ social weights to strike a balance among broad distributional objectives, incentives to work, and incentives to reduce externalities. The welfare-optimal allocation can be decentralized through income taxation, defining income-dependent externality payments. Two applications use individual-level administrative data on incomes, pollution measures, and financial burdens to demonstrate how population characteristics shape the optimal policy on carbon emissions. |
| Keywords: | Pigouvian taxation, optimal income taxation, inequality, climate change |
| JEL: | D82 H21 H23 Q54 Q58 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11174 |
| By: | Bahrami, Shahin; Rouhi Rad, Mani; Nayga, Rodolfo M. |
| Keywords: | Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343986 |
| By: | Brent, Daniel A.; Ren, Yongwang; Wrenn, Douglas H. |
| Keywords: | Environmental Economics And Policy, Risk And Uncertainty, Consumer/ Household Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343651 |
| By: | Oyetunji, Emmanuel O.; Won, Sunjae; Rejesus, Roderick M. |
| Keywords: | Production Economics, Environmental Economics And Policy, Risk And Uncertainty |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343909 |
| By: | Chen, Juhui; Bai, Junfei; Van Trijp, Hans C.M. |
| Keywords: | Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343584 |
| By: | Quaye, Leonard-Allen A.; Stewart, Shamar L.; Holt, Matthew T. |
| Keywords: | Research Methods/Statistical Methods, Environmental Economics And Policy, Production Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343706 |
| By: | Sitadhira Prima Citta (Ritsumeikan University); Takuro Uehara (Ritsumeikan University); Mateo Cordier (CEARC - Cultures, Environnements, Arctique, Représentations, Climat - UVSQ - Université de Versailles Saint-Quentin-en-Yvelines - CNRS - Centre National de la Recherche Scientifique, Université Paris-Saclay); Takahiro Tsuge (Kanagawa University); Misuzu Asari (Kyoto University) |
| Abstract: | Plastic pollution is a global issue that endangers both human health and the ecosystem. Although interest in sustainable alternatives to single-use plastics has grown, their adoption has been insufficient, and menstrual products are no exception. Disposable menstrual products, such as sanitary napkins, continue to dominate over sustainable options like menstrual cups (MCs). Although studies on women's perceptions and attitudes toward menstrual hygiene management have abounded, there is a lack of research on the development of promotional strategies for sustainable menstrual products. This study aims to fill this research gap by investigating consumers' decision-making process in the face of a real-life option regarding menstruation products. In this comparative study, we conducted a labeled discrete choice experiment on consumers in Japan ( n = 1, 929), Indonesia ( n = 2, 031), and France ( n = 2, 067) to reveal their preferences for sanitary napkins, tampons, and MCs. The respondents from each country were divided into three groups (one control group and two treatment groups with information provided). The results showed that in all countries, the information regarding the cost-effectiveness of MCs (i.e., per-use cost) was unequivocally significant, whereas information about their health and environmental benefits was not. Access to free MCs can contribute to their adoption and alleviation of period poverty in all countries, with a relatively moderate acceptance in Japan. The results also showed variations across countries in consumer characteristics (attitude toward menstruation, innovation-friendliness, and green consumption) and the use and perceptions of MCs. Hence, tailored promotional strategies should be considered for each market. |
| Keywords: | Plastic, Menstrual cup, consumer, discrete choice experiment, period poverty, sanitary napkin, Tampon |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04625228 |
| By: | Sarkar, Sampriti; Lupi, Frank |
| Keywords: | Environmental Economics And Policy, Resource/Energy Economics And Policy, Public Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343747 |
| By: | Taneja, Garima; Buisson, Marie-Charlotte |
| Abstract: | Mangrove forests are one of the most impactful carbon-trapping ecosystems, they are effective at locking away vast amounts of "blue carbon" and the IPCC (IPCC, 2022) report encourages the protection of coastal vegetative ecosystems as part of integrated coastal resource management. Mangrove also strengthens resilience to climate change by reducing the impacts of sea level rise, saltwater intrusion, cyclones, and floods. Mangrove forests in Vietnam are currently under threat from expansion of shrimp aquaculture. However, their role in the food systems of coastal and island communities is often ignored. For instance, they provide woods for cooking, its fruits (from the keora trees) are collected and sold especially by women, and it also hosts a rich ecosystem including aquatic foods and acts as breeding and nursery ground for economically and nutritionally important fish species. Mangrove afforestation programs can, in that sense, be considered as Low Emission Food Systems technologies, including in MITIGATE+ target countries like Vietnam. This report reviews the literature on mangrove afforestation programs globally to identify the enablers and drivers of scaling. Specifically, the programs are characterized to identify the technologies and innovations in place, and the governance models and institutional drivers are assessed. Thus, the report is divided into four sections. The first section presents a global overview of mangrove plantations, their historical and present status, the drivers of mangrove deforestation globally and at country level. The second section reviews mangrove afforestation programs, the inception of these programs, their objectives and the governance and institutional models followed. The third section focuses on mangroves in Vietnam, it features some of the successful examples implemented in the country and analyses the supporting government policies. The last section is the conclusion which draws lessons on the factors required for successful mangrove restoration programs. |
| Keywords: | Climate Change, Food Security and Poverty |
| Date: | 2023–12–31 |
| URL: | https://d.repec.org/n?u=RePEc:ags:iwmwpb:344120 |
| By: | CALDAROLA Bernardo; MAZZILLI Dario; NAPOLITANO Lorenzo (European Commission - JRC); PATELLI Aurelio; SBARDELLA Angelica |
| Abstract: | Economic Complexity (EC) methods have gained increasing popularity across fields and disciplines. In particular, the EC toolbox has proved particularly promising in the study of complex and interrelated phenomena, such as the transition towards a greener economy. Using the EC approach, scholars have been investigating the relationship between EC and sustainability, proposing to identify the distinguishing characteristics of green products and to assess the readiness of productive and technological structures for the sustainability transition. This article proposes to review and summarize the data, methods, and empirical literature that are relevant to the study of the sustainability transition from an EC perspective. We review three distinct but connected blocks of literature on EC and environmental sustainability. First, we survey the evidence linking measures of EC to indicators related to environmental sustainability. Second, we review articles that strive to assess the green competitiveness of productive systems. Third, we examine evidence on green technological development and its connection to non-green knowledge bases. Finally, we summarize the findings for each block and identify avenues for further research in this recent and growing body of empirical literature. |
| Date: | 2024–05 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:wpaper:202401 |
| By: | Lis-Castiblanco, Catherine; Jordi, Louis |
| Keywords: | Production Economics, Environmental Economics And Policy, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343569 |
| By: | Palmer, James R.; Bruno, Christopher; Shah, Farhed A. |
| Keywords: | Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344054 |
| By: | Khachatryan, Hayk; Zhang, Xumin |
| Keywords: | Consumer/ Household Economics, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344044 |
| By: | Kim, Hyeon-Woong; Sung, Jae-hoon |
| Keywords: | Agricultural And Food Policy, Environmental Economics And Policy, Food Consumption/Nutrition/Food Safety |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343816 |
| By: | Thomas Cherico Wanger; Estelle Raveloaritiana; Siyan Zeng; Haixiu Gao; Xueqing He; Yiwen Shao; Panlong Wu; Kris A. G. Wyckhuys; Wenwu Zhou; Yi Zou; Zengrong Zhu; Ling Li; Haiyan Cen; Yunhui Liu; Shenggen Fan |
| Abstract: | China is the leading crop producer and has successfully implemented sustainable development programs related to agriculture. Sustainable agriculture has been promoted to achieve national food security targets such as food self-sufficiency through the well-facilitated farmland construction (WFFC) approach. The WFFC is introduced in Chinas current national 10-year plan to consolidate farmlands into large and simplified production areas to maximise automation, and improve soil fertility and productivity. However, research suggests that diversified and smaller farms faciliate ecosystem services, can improve yield resilience, defuse human health threats, and increase farm profitability. Currently, WFFC has not considered ecological farmland improvements and it may miss long-term environmental benefits including ecosystem service preservation conducive to yields. Moreover, the nutritional status in China has changed in recent decades with undernutrition being dramatically reduced, but the prevalence of overweight, obesity, and chronic diseases being increased. While a strategic choice and management of crop and livestock species can improve nutrition, the environmental and production benefits of agricultural diversification are currently not well interlinked with Chinas food and nutrition security discussions. Lastly, the role of agricultural technology for socioeconomic benefits and the link with diversified agricultural production may provide vast benefits for food security. Here, we focus on the opportunities and co-benefits of agricultural diversification and technology innovations to advance food and nutrition security in China through ecosystem service and yield benefits. Our applied five-point research agenda can provide evidence-based opportunities to support China in reaching its ambitious food security targets through agricultural diversification with global ramifications. |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2407.01364 |
| By: | Jungers, Brenna; Abbott, Joshua K.; Bair, Lucas S. |
| Keywords: | Environmental Economics And Policy, Resource/Energy Economics And Policy, Institutional And Behavioral Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344017 |
| By: | Gray, Wayne; Linn, Joshua (Resources for the Future); Morgenstern, Richard D. (Resources for the Future) |
| Abstract: | The industrial sector is an increasingly important area of focus for national-level greenhouse gas (GHG) emissions mitigation policies. Modeling specific industrial sector mitigation options requires data to estimate both benchmark emissions in the absence of the policies and marginal abatement costs.Major emitting manufacturing industries in the United States include iron and steel, cement, pulp and paper, petroleum refining, organic chemicals, and nitrogenous fertilizer. These industries use complex production processes, manufacturing a wide array of products involving multiple technologies and inputs. Unlike the power sector, where much of the technical and economic information needed to construct credible models is in the public domain, much of the relevant industry data are proprietary, with limited public access. The most comprehensive industrial data sources for the United States are the Economic Censuses conducted every five years, although the publicly available information is limited.A potential solution to these limitations is via access to the confidential plant-level data collected by the Census Bureau and available to qualified researchers. These data permit examination of the range of emissions from individual plants within an industry as well as changes in those emissions over time. The data from Economic Census years also contain information on physical output quantities for some products manufactured by these industries.This paper reports on our efforts to develop the databases and estimate separate models for each of the six noted industries and includes both descriptive and econometric analyses, along with simulations of alternative policies.The descriptive analysis reveals substantial within-industry heterogeneity in GHG emissions intensity, measured as the ratio of GHG emissions to output. This heterogeneity reflects plant-level differences in technologies, fuels, specific products manufactured, and other factors. In the econometric analysis, energy prices affect energy intensity and profits, and the responsiveness varies substantially across industries. For example, the response of GHG intensity (not total emissions reduction)to changes in fuel prices is about twice as large in the petroleum and cement industries as in the other industries studied.Based on the econometric results, the simulations reveal that carbon prices of $20 per metric ton of GHG reduce emissions by 8–32 percent across the industries considered. These reductions reflect short- and medium-run responses such as input substitution and limited technology adoption. The total emissions reductions vary across industries in accordance with their estimated responsiveness to energy prices; we estimate the largest total emissions reductions for cement and fertilizers and the smallest total emissions reductions for pulp and paper. |
| Date: | 2024–07–15 |
| URL: | https://d.repec.org/n?u=RePEc:rff:dpaper:dp-24-10 |
| By: | Kim, Hyeon-Woong; Sung, Jae-hoon |
| Keywords: | Agricultural And Food Policy, Environmental Economics And Policy, Community/Rural/Urban Development |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343815 |
| By: | Inam, Munib; Buck, Steven C. |
| Keywords: | Environmental Economics And Policy, Production Economics, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343791 |
| By: | Panknin, Lea; Boy, Karl-Friedrich; Henning, Christian H.C.A. |
| Keywords: | Agricultural And Food Policy, Political Economy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343740 |
| By: | Ghozi Naufal Ali (Department of Economics, Faculty of Economics & Business, Universitas Gadjah Mada); Ester Dwi Sabtu (Department of Economics, Faculty of Economics & Business, Universitas Gadjah Mada); Muhammad Putra (Department of Economics, Faculty of Economics & Business, Universitas Gadjah Mada); Qisha Quarina (Department of Economics, Faculty of Economics & Business, Universitas Gadjah Mada) |
| Abstract: | Pollution (in this term, air pollution) is an environmental phenomenon that negatively impacts the lives of the broader community and harms all aspects of the human dimension, such as health and the economy. This study aims to quantify the impact of pollution on worker productivity in developing countries using longitudinal data from Indonesia in two periods (2007 and 2014) and utilizing satellite data to represent air pollution data better. This study uses an instrumental variable (IV) approach and expands it by quantifying health aspects as one of the transmissions in the relationship between pollution and productivity. The result is that pollution negatively impacts worker productivity, with a dominant negative effect transmitted by health factors and determines their productivity. For this reason, the government is involved in tackling increasing pollution to minimize the increase in disease cases while minimizing economic losses from this phenomenon in the future. |
| Keywords: | Pollution; Labor Productivity; Instrumental Variable (IV); Mediation Analysis; Developing Country |
| JEL: | J21 J22 J24 Q52 Q53 |
| Date: | 2024–03 |
| URL: | https://d.repec.org/n?u=RePEc:gme:wpaper:202403004 |
| By: | Beckman, Jayson; Dong, Fengxia; Ivanic, Maros; Jägermeyr, Jonas; Villoria, Nelson |
| Abstract: | Increasing agricultural productivity is vital to ensure that global food demand can be met. However, the impact of a changing climate on temperatures and precipitation could potentially influence agricultural productivity by affecting crop yields. This report combines the latest estimates of yield changes from the Agricultural Model Intercomparison and Improvement Project with projections of future productivity changes in the form of total factor productivity (TFP) to gain a better understanding of the future of agricultural production (and thus of food supply). Yield estimates are used from a high greenhouse gas emissions scenario (to show an upper bound, as the impact of climate on yields is the strongest) for corn, rice, soybeans, and wheat. Yield changes are then combined with TFP estimates across four scenarios where research and development (R&D) assumptions determine the rate of TFP growth. Finally, the changes in yields and TFP, in conjunction with changes in populations and incomes, are assessed to shape the projected state of food supply in 2050. The results suggest that with no additional R&D expenditures, climate change would result in a production-consumption gap. When R&D investments are increased by amounts corresponding to the remaining three scenarios, TFP growth is sufficient to mitigate the impacts of climate change and projected population/income growth to maintain production at a level to meet global demand for food. |
| Keywords: | Climate Change, Crop Production/Industries, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, International Relations/Trade, Productivity Analysis, Research and Development/Tech Change/Emerging Technologies, Research Methods/ Statistical Methods |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:ags:uersrr:344129 |
| By: | Guerin, Adrian; Najjar, Nouri; Schaufele, Brandon |
| Keywords: | Environmental Economics And Policy, Land Economics/Use, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343660 |
| By: | Santeramo, Fabio G.; Jelliffe, Jeremy |
| Abstract: | After long consultations with stakeholders and parties that may be affected? , simulations of potential impacts and discussion to twist the design of the Carbon Border Adjustment Mechanism (CBAM) to be feasible, justifiable, and effective, the measure has been approved by the European Union in 2023 and has been officially started in October, for five sectors, included fertilizers as major input in agriculture. We use descriptive statistics and graphical analyses to highlight specific and relevant characteristics of target CBAM sectors for fertilizer. |
| Keywords: | Climate Change, Crop Production/Industries, International Relations/Trade, Sustainability |
| Date: | 2024–06–01 |
| URL: | https://d.repec.org/n?u=RePEc:ags:iatrcp:344137 |
| By: | Jeong, Junyoung; Cai, Yongyang; Roe, Brian E. |
| Keywords: | Environmental Economics And Policy, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343720 |
| By: | Zheng, Yixing; Grant, Jason; Legrand, Nicolas |
| Keywords: | International Relations/Trade, Food Security And Poverty, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343988 |
| By: | Becka Brolinson (Federal Housing Finance Agency); Jessica Shui (Federal Housing Finance Agency); November Wilson (Federal Housing Finance Agency) |
| Abstract: | We estimate residential energy use and CO2 emissions for single-family homes using administrative data from approximately 45 million property appraisals, or 1.8 billion property-month observations. First, we find that from 2013 to 2021, CO2 emissions decreased by 11.5 percent in aggregate in our sample. Emissions from electricity use decreased by 20.8 percent, while emissions from natural gas use for home heating increased by 11 percent over the same time. Second, we estimate that the majority of the decline in CO2 emissions from properties in our sample can be attributed to the greening of US energy generation, rather than changes over time to property-level characteristics. Third, we show that aggregate emissions estimates from the property-level data closely align with aggregate emissions estimates using publicly available state-level data in 2020, providing validation of our approach using property-level data and demonstrating that for aggregate estimates, state-level data is sufficient. |
| Keywords: | energy use, carbon emissions, housing |
| JEL: | Q54 R11 R30 |
| Date: | 2024–05 |
| URL: | https://d.repec.org/n?u=RePEc:hfa:wpaper:24-05 |
| By: | Camacho, Samuel E.; Penn, Jerrod |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Research Methods/Statistical Methods |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343837 |
| By: | Yao, Shiyue; Baker, Justin S.; Brown, Zachary S. |
| Keywords: | Land Economics/Use, Environmental Economics And Policy, Crop Production/Industries |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343938 |
| By: | Jayasekera, Deshamithra H W; Melkani, Aakanksha; Mieno, Taro |
| Keywords: | Demand And Price Analysis, Agricultural And Food Policy, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343932 |
| By: | Hartarska, Valentina M.; Adjei, Eugene; Nadolnyak, Denis A. |
| Keywords: | Agricultural And Food Policy, Environmental Economics And Policy, Land Economics/Use |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343767 |
| By: | Wang, Haoying; Young, Michael |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Land Economics/Use |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343990 |
| By: | Rong, Rong; Crago, Christine L.; Wang, Rui |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Institutional And Behavioral Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343734 |
| By: | Shifrah Aron-Dine; Johannes Beutel; Monika Piazzesi; Martin Schneider |
| Abstract: | This paper studies green investing in a quantitative asset pricing model with heterogeneous investors calibrated using high-quality, representative survey data of German households. We find substantial heterogeneity in green taste for both safe and risky green assets throughout the wealth distribution. Model counterfactuals show nonpecuniary benefits and hedging demands currently make green equity more expensive for firms. Yet, these taste effects are dominated by optimistic expectations about green equity returns, lowering firms' cost of green equity to a greenium of 1%. Looking ahead, we use our model to trace out the aggregate effects of information provision in an RCT and find green equity investment could potentially double when information about green finance spreads across the population. Regarding safe green assets, our model counterfactuals show that if green deposits could be offered at a 50 basis point interest rate spread, aggregate green investments in the economy could quadruple in the medium run. |
| JEL: | E0 F0 |
| Date: | 2024–06 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:32615 |
| By: | Landry, Craig; Smith, Travis A. |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Research Methods/Statistical Methods |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343945 |
| By: | Wu, Yining; Sohngen, Brent; Lupi, Frank |
| Keywords: | Environmental Economics And Policy, Resource/Energy Economics And Policy, Demand And Price Analysis |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343805 |
| By: | Santhosh, Harikrishnan; Mullen, Jeffrey D. |
| Keywords: | Farm Management, Agricultural And Food Policy, Crop Production/Industries |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344035 |
| By: | Charles Claron (ECOLE NATIONALE DES PONTS ET CHAUSSEES PARIS - Partenaires IRSTEA - IRSTEA - Institut national de recherche en sciences et technologies pour l'environnement et l'agriculture, CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique, LATTS - Laboratoire Techniques, Territoires et Sociétés - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - Université Gustave Eiffel); Vincent Jalabert (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique); Olivier Coutard (LATTS - Laboratoire Techniques, Territoires et Sociétés - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - Université Gustave Eiffel); Harold Levrel (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | Like France and its "Zero Net Land Take" (ZAN) goal, several European jurisdictions are adopting political targets to reduce soil or land degradation. Implementing these objectives raises ethical, economic, and political issues. So how can we foster more stakeholders to limit soil degradation? This research explores the revelance of transferable permit (PT) and their suitability with the ZAN framework. Given their rationing logic, these economic instruments align with the goals of reducing artificialisation and can be implemented through three complementary forms: transferable development rights, compensation units, and transferable planning permits. Yet, their application to non-uniform forms of pollution, such as soil degradation, involves trade-offs between economic efficiency and environmental integrity. Our study shows that the ZAN framework is analogous to a partially transferable planning permits system between municipalities and stresses that it functions as a land degradation neutrality device, neglecting soil diverse qualities. To better protect soil ecological functions, we suggest revising the definition of these "permits". Finally, we discuss the merits of introducing financial transferability of these "permits" to make the ZAN framework an instrument capable of addressing economic incentives favouring soil degradation. |
| Abstract: | À l'instar de la France et son objectif « Zéro artificialisation nette » (ZAN), plusieurs juridictions européennes adoptent des cibles politiques de réduction de la dégradations des sols ou des terres. La mise en œuvre de ces objectifs soulève des enjeux éthiques, économiques et politiques. Comment encourager un plus grand nombre d'acteurs à limiter l'artificialisation ? Cette recherche explore l'utilité des systèmes de permis transférables (PT) et leur adéquation dans le cadre du ZAN. Du fait de leur logique de rationnement, ces instruments économiques sont congruents avec les objectifs de réduction de l'artificialisation et peuvent être déclinés suivant trois formules complémentaires : les droits à construire transférables, les unités de compensation de l'artificialisation et les permis d'ouverture à l'urbanisation transférables. Cependant, leur application à des formes de pollution non uniforme, comme la dégradation des sols, implique des compromis entre efficacité économique et intégrité environnementale. Notre étude montre que le dispositif ZAN est analogue à un système de permis d'ouverture à l'urbanisation partiellement transférables entre communes, et souligne qu'il constitue davantage un instrument de neutralité de dégradation des terres que des sols, dont il néglige la dimension qualitative. Pour assurer une meilleure protection des fonctions écologiques des sols, nous suggérons des pistes de révisions de la définition des « permis » d'artificialiser. Enfin, nous discutons de l'opportunité d'introduire une transférabilité pécuniaire de ces « permis » pour faire du dispositif ZAN un instrument susceptible de corriger les incitations économiques favorables à l'artificialisation. |
| Keywords: | Land degradation, Transferable permits, Quota systems, Soil quality, Artificialisation des sols, Permis transférables, Systèmes de quota, Qualités des sols |
| Date: | 2024–06–20 |
| URL: | https://d.repec.org/n?u=RePEc:hal:ciredw:hal-04625026 |
| By: | Li, Tongzhe; Wang, Siyu |
| Keywords: | Institutional And Behavioral Economics, Public Economics, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343548 |
| By: | Liu, Na; Hou, Lingling |
| Keywords: | Environmental Economics And Policy, Resource/Energy Economics And Policy, Health Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343743 |
| By: | Martinez, Jose Maria; Zuluaga, Victor; Buritica, Alexander |
| Keywords: | Environmental Economics And Policy, Labor And Human Capital, International Development |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343559 |
| By: | Sanjit Dhami (University of Leicester); Paolo Zeppini (Université Côte d'Azur, CNRS, GREDEG, France) |
| Abstract: | We consider firms' choices between a clean technology that benefits, and a dirty technology, that harms, the environment. Green firms are more suited to the clean, and brown firms are more suited to the dirty technology. We use a model derived from complexity theory that takes account of true uncertainty and increasing returns to technology adoption. We examine theoretically, the properties of the long-run equilibrium, and provide simulated time paths of technology adoption, using plausible dynamics. The long-run outcome is an 'emergent property' of the system, and is unpredictable despite there being no external technological or preference shocks. We describe the role of taxes and subsidies in facilitating adoption of the clean technology; the conflict between optimal Pigouvian taxes and adoption of clean technologies; the optimal temporal profile of subsidies; and the desirability of an international fund to provide technology assistance to poorer countries. |
| Keywords: | Technology choice, climate change, complexity, lock-in e ects, increasing returns, green subsidies, public policy, Pigouvian taxes, stochastic dynamics |
| JEL: | B2 B21 B4 D9 |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:gre:wpaper:2024-20 |
| By: | Rainald Borck; Peter Mulder |
| Abstract: | We study the effect of energy and transport policies on pollution in two developing country cities. We use a quantitative equilibrium model with choice of housing, energy use, residential location, transport mode, and energy technology. Pollution comes from commuting and residential energy use. The model parameters are calibrated to replicate key variables for two developing country cities, Maputo, Mozambique, and Yogyakarta, Indonesia. In the counterfactual simulations, we study how various transport and energy policies affect equilibrium pollution. Policies may be induce rebound effects from increasing residential energy use or switching to high emission modes or locations. In general, these rebound effects tend to be largest for subsidies to public transport or modern residential energy technology. |
| Keywords: | pollution, energy policy, discrete choice, developing country cities |
| JEL: | Q53 Q54 R48 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11152 |
| By: | Giovanni Dosi; Federico Riccio; Maria Enrica Virgillito |
| Abstract: | This work assesses the double harm of Global Value Chain (GVC) integration. Firstly, we take a within-country structural change perspective and investigate how the internal structure of country production, and thus the ensuing emission profile, evolves across development phases. Assessing the structural change-emissions nexus is necessary to understand how to reconcile growth and sustainable development. Secondly, we look at the cross-country dimension, embracing how the changing geography of production affects the environment. We find evidence that the relocation of production toward developing countries via GVCs has negatively impacted worldwide emissions and document that GVCs are progressively becoming a carrier of industrial and ecological downgrading for developing countries. |
| Keywords: | Structural Change, CO2 Emissions, Global Value Chains |
| Date: | 2024–07–09 |
| URL: | https://d.repec.org/n?u=RePEc:ssa:lemwps:2024/17 |
| By: | Liu, Menglin; Khanna, Madhu; Atallah, Shadi S. |
| Keywords: | Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344024 |
| By: | Giorgio Fabbri (GAEL - Laboratoire d'Economie Appliquée de Grenoble - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes); Silvia Faggian (Université de Venise Ca’ Foscari | Università Ca’ Foscari di Venezia); Giuseppe Freni (PARTHENOPE - Università degli Studi di Napoli “Parthenope” = University of Naples) |
| Abstract: | This study examines the dynamics of the exploitation of a natural resource distributed among and flowing between several nodes connected via a weighted, directed network. The network represents the locations and interactions of the resource nodes. A regulator decides to designate some of the nodes as natural reserves where no exploitation is allowed. The remaining nodes are assigned (one‐to‐one) to players, who exploit the resource at the node. It is demonstrated how the equilibrium exploitation and resource stocks depend on the productivity of the resource sites, the structure of the connections between the sites, and the number and preferences of the agents. The best locations to host nature reserves are identified per the model's parameters and correspond to the most central (in the sense of eigenvector centrality) nodes of a suitably redefined network that considers the nodes' productivity. |
| Keywords: | Harvesting, spatial models, differential games, nature reserves |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04612475 |
| By: | Ennio Bilancini; Leonardo Boncinelli; Eugenio Vicario |
| Abstract: | This paper presents an analysis of two pre-registered experimental studies examining the impact of `Motivational Interviewing' and `Directing Style' on discussions about Sustainable Development Goals. To evaluate the effectiveness of these communication styles in enhancing awareness and motivating action toward the Sustainable Development Goals, we measured the engagement levels of participants, along with their self-reported interest and learning outcomes. Our results indicate that `Motivational Interviewing' is more effective than `Directing Style' for engagement and interest, while no appreciable difference is found on learning. |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2407.01057 |
| By: | Rajan, Abhishek; Savchenko, Olesya; Court, Christa D. |
| Keywords: | Environmental Economics And Policy, Institutional And Behavioral Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343969 |
| By: | Luca Barbaglia (European Commission, Joint Research Centre (JRC), Ispra (VA), Italy); Serena Fatica (European Commission, Joint Research Centre (JRC), Ispra (VA), Italy, Money and Finance Research Group); Caterina Rho (European Commission, Joint Research Centre (JRC), Ispra (VA), Italy) |
| Abstract: | We document that banks charge higher interest rates on loans granted to European small and medium-sized firms located in areas at high risk of flooding. The risk premium, at 6.4 basis points on average, rises with loan duration, and in the case of smaller borrowers and local specialised banks. By contrast, at-risk firms that rely heavily on intangible and movable assets do not face a higher cost of credit, reflecting lower vulnerability to physical risk. Realised flood risk increases SMEs’ financial vulnerability, as firms in flooded counties are more likely to default on their loans than non-disaster borrowers. |
| Keywords: | climate change, loan default, loan pricing, natural disasters |
| JEL: | G24 F21 D81 E22 E44 |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:anc:wmofir:186 |
| By: | Marina Albanese; Guglielmo Maria Caporale; Ida Colella; Nicola Spagnolo |
| Abstract: | This paper examines the impact of transition and physical climate risk on stock markets using, for the first time in this context, the annual CCPI index calculated by Germanwatch as well as its components (in addition to a wide range of other indices) for 48 countries from 2007 to 2023. Specifically, a balanced panel VAR model is estimated to obtain impulse responses for the whole set of countries considered as well as for a subset including the EU-28 only; other methods such as Forecast Error Variance Decomposition and Local Projections (Jorda, 2005, 2022) are then applied for robustness checks. The results suggest a positive impact of transition risk on stock returns and a negative one of physical risk, especially in the short term. Further, while physical risk appears to have an immediate impact, transition risk is shown to affect stock markets also over a longer time horizon. Finally, national climate policies seem to be more effective when implemented within a supranational framework as in the case of the EU-28. |
| Keywords: | climate change, physical risk, transition risk, stock markets, balanced panel VAR, impulse response analysis, local projections |
| JEL: | C33 G12 G18 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11184 |
| By: | Jiang, Qi; Penn, Jerrod; Hu, Wuyang |
| Keywords: | Food Consumption/Nutrition/Food Safety, Environmental Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343917 |
| By: | Dugoua, Eugenie; Dumas, Marion |
| Abstract: | Significant progress reconciling economic activities with a stable climate requires radical and rapid technological change in multiple sectors. Here, we study the case of the automotive industry’s transition to electric vehicles, which involved choosing between two different technologies: fuel cell electric vehicles (FCEVs) or battery electric vehicles (BEVs). We know very little about the role that such technological uncertainty plays in shaping the strategies of firms, the efficacy of technological and climate policies, and the speed of technological transitions. Here, we explain that the choice between these two technologies posed a global and multisectoral coordination game, due to technological complementarities and the global organization of the industry’s markets and supply chains. We use data on patents, supply-chain relationships, and national policies to document historical trends and industry dynamics for these two technologies. While the industry initially focused on FCEVs, around 2008, the technological paradigm shifted to BEVs. National-level policies had a limited ability to coordinate global players around a type of clean car technology. Instead, exogenous innovation spillovers from outside the automotive sector played a critical role in solving this coordination game in favor of BEVs. Our results suggest that global and cross-sectoral technology policies may be needed to accelerate low-carbon technological change in other sectors, such as shipping or aviation. This enriches the existing theoretical paradigm, which ignores the scale of interdependencies between technologies and firms. |
| Keywords: | energy innovation; electric cars; fuel cells; coordination; low-carbon transitions |
| JEL: | J1 |
| Date: | 2024–06–24 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:124029 |
| By: | Yannis Dafermos (Department of Economics, SOAS University of London) |
| Abstract: | The European Central Bank (ECB) has recently incorporated climate considerations into its operations. In this paper, I assess whether the ECB’s approach is consistent with the challenges of the climate crisis era. I first identify three transformative implications of the climate crisis for central banking. These are that central banks (i) are becoming less able to control inflation via monetary policy tools, (ii) can no longer ignore their responsibility to support decarbonisation, and (iii) cannot rely on traditional risk exposure approaches to prevent financial instability that stems from physical risks. I then analyse to what extent these implications are reflected in the ECB climate actions and plans, showing that there is a very significant gap between the ECB’s 'tinkering around the edges' approach and the central banking challenges posed by the climate crisis. Using post-Keynesian, critical macro-finance and political economy perspectives, I develop the theoretical underpinnings of a climate-aligned central banking paradigm and analyse the implications of this paradigm for the ECB policy toolbox and mandate. I also identify the ideological and political economy factors that prevent the ECB from undergoing a climate paradigm shift. |
| Keywords: | European Central Bank; monetary policy; financial stability; inflation; climate crisis |
| JEL: | E58 Q54 |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:soa:wpaper:264 |
| By: | Khanal, Nabin Babu; Elbakidze, Levan |
| Keywords: | Environmental Economics And Policy, Community/Rural/Urban Development, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343889 |
| By: | Sanat, Lyazzat; Rejesus, Roderick M. |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Farm Management |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344077 |
| By: | Tian, Ziyue; Horan, Rick |
| Keywords: | Resource/Energy Economics And Policy, Environmental Economics And Policy, Public Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344075 |
| By: | Takeshima, Hiroyuki; Kishore, Avinash; Kumar, Anjani |
| Keywords: | Production Economics, Productivity Analysis, Research Methods/Statistical Methods |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343591 |
| By: | Cheng, Yang; Hu, Lianyi |
| Keywords: | Research And Development/ Tech Change/Emerging Technologies, Labor And Human Capital, Resource/Energy Economics And Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343645 |
| By: | Saussay, Aurelien; Sato, Misato |
| Abstract: | This study examines the influence of relative energy prices on the geographical distribution of industrial investments across 41 countries. Employing a gravity model framework to analyse firms’ investment location decisions, we estimate the model using global bilateral investment flows derived from firm-level M&A data. Our findings reveal that a 10% increase in the energy price differential between two countries results in a 3.2% rise in cross-border acquisitions. This effect is most pronounced in energy-intensive industries and transactions targeting emerging economies. Furthermore, policy simulations suggest that the impact of unilateral carbon pricing on cross-border investments is modest. |
| Keywords: | FDI; mergers and aquistions; energy prices; firm location; competitiveness impacts; carbon leakage; Elsevier deal |
| JEL: | F21 H23 Q52 |
| Date: | 2024–04–23 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:123034 |
| By: | Judson Boomhower; Meredith Fowlie; Jacob Gellman; Andrew Plantinga |
| Abstract: | As climate risk escalates, property insurance is critical to reduce the risk exposure of households and firms and to aid recovery when disasters strike. To perform these functions efficiently, insurers need to access high quality information about disaster risk and set prices that accurately reflect the costs of insuring this risk. We use proprietary data on parcel-level wildfire risk, together with insurance premiums derived from insurers' regulatory filings, to investigate how insurance is priced and provided in a large market for homeowners insurance. We document striking variation in insurers' risk pricing strategies. Firms that rely on coarser measures of wildfire risk charge relatively high prices in high-risk market segments -- or choose not to serve these areas at all. Empirical results are consistent with a winner's curse, where firms with less granular pricing strategies face higher expected losses. A theoretical model of a market for natural hazard insurance that incorporates both price regulation and asymmetric information across insurers helps rationalize the empirical patterns we document. Our results highlight the underappreciated importance of the winner's curse as a driver of high prices and limited participation in insurance markets for large, hard-to-model risks. |
| JEL: | D82 G22 Q54 |
| Date: | 2024–06 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:32625 |
| By: | Olivier Chanel (AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique); Irène Cucchi (Service de l'air, du bruit et des rayonnements non-ionisants, Departement du Territoire, Republique et Canton de Geneve, Geneve) |
| Abstract: | Objectives: We propose a general framework for estimating long-term health and economic effects that takes into account four time-related aspects.We apply it to a reduction in exposure to air pollution in the Canton of Geneva. Study design: Methodological developments on the evaluation of long-term economic and health benefits, with an empirical illustration. Methods: We propose a unified frameworkdthe comprehensive impact assessment (CIA)dto assess the long-term effects of morbidity and mortality in health and economic terms. This framework takes full account of four time-related issues: cessation lag, policy/technical implementation timeframe, discounting and time horizon. We compare its results with those obtained from standard quantitative health impact assessment (QHIA) in an empirical illustration involving air pollution reduction in the canton of Geneva. Results: We find that by neglecting time issues, the QHIA estimates greater health and economic benefits than the CIA. The overestimation is about 50% under reasonable assumptions and increases ceteris paribus with the magnitude of the cessation lag and the discount factor. It decreases both with the time horizon and with the implementation timeframe. Conclusion: A proper evaluation of long-term health and economic effects is an important issue when they are to be used in cost-benefit analyses, particularly for mortality, which often represents the largest fraction. We recommend using the CIA to calculate more accurate values. |
| Keywords: | Quantitative health impact assessment, Comprehensive impact assessment, Air pollution, Long-term health effects, Economic assessment, Switzerland |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04616123 |
| By: | Döring, Thomas; Gerhards, Eva; Thöne, Michael |
| Abstract: | Die Studie untersucht zwei unterschiedliche Fragen zum kommunalen Finanzausgleich in Nordrhein-Westfalen. Zum einen wird untersucht, ob und wie kommunale Aktivitäten im Klimaschutz und Maßnahmen zur Anpassung an den Klimawandel im kommunalen Finanzausgleich berücksichtigt werden sollten und könnten. Der erste Befund der Untersuchung ist, dass der heterogene und querschnittartige kommunale Klimaschutz als dynamisch wachsende Aktivität nicht Logik des kommunalen Finanzausgleich passt, der auf klaren, ex post gemessenen Indikatoren basiert. Die Untersuchung bleibt an diesem "Klimaschutz-KFA-Dilemma" nicht stehen. Wo eine konventionelle Einbindung des Klimaschutzes in den Finanzausgleich nicht möglich ist, werden unkonventionelle, innovative Wege ausgelotet. Im Mittelpunkt steht dabei der Klimawirkungsansatz. Dieses Instrument, das ergebnisorientiert auf Treibhausgasminderungen aufbaut und zugleich entlastende Verwaltungsvereinfachungen ermöglicht, wäre für den kommunalen Klimaschutz und auch für den Finanzausgleich ein Novum. Im Rahmen der kurzen Studie kann dieser Ansatz nicht bis zum "schlüsselfertigen" Konzept entwickelt werden. Für die weitere Ausarbeitung eines Klimawirkungsansatzes empfiehlt sich ein partizipatives Vorgehen. Zum anderen wird untersucht, welche Auswirkungen eine auf eine mehrjährige Referenzperiode bezogene Steuerkraftmesszahl im kommunalen Finanzausgleich haben könnte und welche grundsätzlichen Kriterien für oder gegen eine solche Umstellung sprechen. Aus finanzwissenschaftlicher Sicht lässt sich keine eindeutige Überlegenheit einer einjährigen oder mehrjährigen Bemessungsgrundlage der kommunalen Steuerkraft feststellen, die Argumente für die Mehrjährigkeit überwiegen allerdings leicht. |
| Abstract: | The study analyses two different questions regarding municipal fiscal equalisation in North Rhine-Westphalia. Firstly, it analyses whether and how municipal climate protection activities and measures to adapt to climate change should and could be incorporated into municipal fiscal equalisation (KFA). The primary finding of the study is that the heterogeneous and cross-sectional nature of municipal climate protection as a dynamically growing activity does not fit in with the logic of municipal financial equalisation, which is based on clear, expost measured indicators. Yet, the study does not stop at this "climate protection-KFA dilemma". Where conventional integration of climate protection into the fiscal equalisation system is not possible, unconventional, innovative approaches are explored. A new climate impact approach plays a key role here. This instrument, which is based on results-orientated greenhouse gas reductions and at the same time enables reducing administrative burdens, would be a novelty for municipal climate protection and also for fiscal equalisation. However, this approach cannot be developed into a "ready-to-use" concept within the scope of this short study. For the further development of the climate impact approach, a participatory approach is recommended. Secondly, the study examines the possible effects of a tax capacity measurement based on a multi-year reference period in municipal fiscal equalisation and the fundamental arguments for or against such a change. From a public finance perspective, no clear superiority of a one-year or multi-year assessment basis for municipal tax capacity can be determined, yet the arguments in favour of a multi-year basis slightly outweigh the arguments against it. |
| Keywords: | Kommunaler Klimaschutz, Finanzausgleich, Steuerkraft, Klimawirkungsansatz, Municipal climate protection, fiscal equalisation, tax capacity, climate impact approach |
| JEL: | H71 H77 Q54 R50 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:fifore:300242 |
| By: | Gleser, Michael |
| Abstract: | This dissertation investigates the topic of combined rail-road transport with a focus on Europe. In addition to an introduction to the subject and a description of the research design utilized, it consists of three distinct studies whose results build upon one another. In the first study, a Delphi study combined with a systematic literature review, explicit measures were identified on how combined transport can be strengthened from a practical perspective and which topic areas related research deals with. By synthesizing the results of both methods, a practice-oriented research agenda was created. It is intended to be a document of the current challenges of combined transport and an effective solution to them. The second study deals with port competition through hinterland connectivity, in which combined transport plays a major role. Using the example of the federal state of North Rhine-Westphalia, which is within the geographical scope of ports of the northern range, the influence of the CO2 tax introduced in 2021 is examined. A simulation model is used to investigate the impact of the tax, leading to interesting insights into the potential shift in competitive scope. The third and final study deals with the new possibilities of the China Railway Express, a direct train connection between Europe and China. Since the connection is enjoying increasing popularity, a simulation model, inspired by the second study, was used to examine which areas in China are economically accessible to exporters in Hesse utilizing this train connection. In addition, it was examined how this area would change if a (hypothetical) global carbon tax was introduced. All three studies together provide an overview of the current challenges of combined transport in Europe, its medium-term changes due to political and environmental regulations, and an outlook on the possibilities of intercontinental rail transport. |
| Date: | 2024–07–09 |
| URL: | https://d.repec.org/n?u=RePEc:dar:wpaper:146674 |
| By: | Bram van der Kroft; Juan Palacios; Roberto Rigobon; Siqi Zheng |
| Abstract: | This paper estimates the effect of sustainable shareholder engagement on firm's investments. We study the real estate industry where investments are sporadic and occur following depreciation cycles. SEC restrictions (rule 240.14a-8) on shareholder proposals, in combination with the asset depreciation cycles, create random variation enabling us to identify firms' sustainable investment decisions. Using unique micro-data tracking investments in all public US commercial real estate properties over the past two decades, we find that sustainable engagement effectively steers firms to initiate tangible and long-lasting sustainable retrofits. However, engagement is ineffective or impairs such investments when it does not coincide with reinvestment periods, or investors vote down the proposal. |
| JEL: | G11 M14 Q56 R0 |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:32646 |
| By: | Frondel, Manuel |
| Abstract: | Dieser Beitrag nimmt eine Kosten-Nutzen-Abwägung des Ausbaus der Erneuerbaren-Energietechnologien zur Stromerzeugung in Deutschland vor. Im Ergebnis zeigt sich, dass dieser Ausbau die Stromverbraucher seit Einführung des Erneuerbaren-Energien-Gesetz (EEG) im Jahr 2000 knapp 300 Mrd. Euro gekostet hat. Für die kommenden beiden Jahrzehnte stehen zudem Zahlungsverpflichtungen in ähnlicher Größenordnung bereits fest. Mit dem nach Russlands Angriff auf die Ukraine forcierten Erneuerbaren-Ausbau nimmt die Politik aber noch deutlich über diese rund 600 Milliarden hinaus gehende Kosten in Kauf. Eine Kosten-Nutzen-Analyse ist vor diesem Hintergrund unabdingbar, nicht zuletzt auch deshalb, weil weitere Kosten in dreistelliger Milliardenhöhe nicht in den 600 Milliarden enthalten sind, etwa die Kosten für den ohne Erneuerbare-Expansion nicht in so starkem Maße nötigen Netzausbau. Vor diesem Hintergrund sollte beim weiteren Erneuerbaren-Ausbau streng auf Kostendisziplin geachtet werden, indem die Bundesnetzagentur künftig ausschließlich technologieneutrale, statt technologiespezifischer Ausschreibungen für den Erneuerbaren-Ausbau vornimmt. Dadurch kommen zwar nur die kosteneffizientesten regenerativen Technologien zum Zuge, aber es bleiben im Klima- und Transformationsfonds Spielräume für Zukunftsinvestitionen, die das Wachstumspotential der deutschen Volkswirtschaft stärker beflügeln könnten als der Ausbau der erneuerbaren Energien. Im Gegensatz zu den hohen Kosten nimmt sich der Nutzen des Ausbaus der erneuerbaren Energien bescheiden aus. So belief sich der Anteil der Erneuerbaren am Primärenergieverbrauch im Jahr 2022 auf lediglich rund 17 %. Die Treibhausgasneutralität im Jahr 2045 allein mit Erneuerbaren erreichen zu wollen, erscheint bei einem solch geringen Anteil als eine schwer bewältigbare Herausforderung. |
| Abstract: | This article weighs up the costs and benefits of the expansion of renewable energy technologies for electricity generation in Germany. According to calculations of the German Ministry of Economic Affairs, this expansion has cost electricity consumers almost 300 billion euros since the introduction of the Renewable Energy Sources Act (EEG) in 2000. Moreover, payment obligations of a similar magnitude are already in place for the next two decades. However, with the accelerated expan¬sion of renewables following Russia's attack on Ukraine, politicians are accepting costs well in excess of this approximately 600 billion. Given the costs already incurred, a cost-benefit analysis is imperative, not least because further costs in the three-digit billion range are not included in the 600 billion figure, such as the costs for grid expansion, which would not be necessary to the same extent without the expansion of renewables. Against this backdrop, strict attention should be paid to cost discipline in the further expansion of renewables by ensuring that the Federal Network Agency only issues technology-neutral rather than technology-specific tenders for the expansion of renewables in future. This means that only the most cost-efficient renewable technologies will be installed. Consequently, there will be budgetary scope for future investments that could boost the growth potential of the German economy more than the expansion of renewable energies. Contrasting with the high costs, the benefits of expanding renewable energies are modest. For example, the share of renewables in primary energy consumption in 2022 was only around 17 %. With such a low share, achieving greenhouse gas neutrality in 2045 with renewables alone appears to be a tremendous challenge. |
| Keywords: | Energiewende, Photovoltaik, Wärmewende |
| JEL: | Q21 I38 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:rwimat:300232 |
| By: | Kramer, Berber; Trachtman, Carly D.; Zuze, Linda |
| Keywords: | International Development, Risk And Uncertainty, Food Security And Poverty |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343864 |
| By: | Mobarok, Mohammad H.; Thompson, Wyatt |
| Keywords: | Demand And Price Analysis, Agricultural And Food Policy, Food Security And Poverty |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343705 |
| By: | Amon, Kelvin; Wade, Tara; Gao, Zhifeng |
| Keywords: | Agribusiness, Farm Management, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344039 |
| By: | Mohamed Gafsi (LISST - Laboratoire Interdisciplinaire Solidarités, Sociétés, Territoires - EHESS - École des hautes études en sciences sociales - UT2J - Université Toulouse - Jean Jaurès - UT - Université de Toulouse - ENSFEA - École Nationale Supérieure de Formation de l'Enseignement Agricole de Toulouse-Auzeville - CNRS - Centre National de la Recherche Scientifique, ENSFEA - École Nationale Supérieure de Formation de l'Enseignement Agricole de Toulouse-Auzeville); Jean-Marie Brochard; Magali Cubizole; Emmanuel Legay; Claire Melac; Coralie Zegdane-Loisel |
| Abstract: | Agricultural education faces in recent years the challenges of agroecological transition. In this context, the strategic management of farms in a context of change, and its teaching, have become a necessity. But it is clear that teachers face many difficulties and lack the resources to teach strategic management and the farming sustainability in a coherent manner while maintaining the achievements of the systemic approach. Authors propose a methodological approach which aims to overcome these difficulties and to equip teachers. Structured in three stages, the 3S method helps to analyze the strategies followed over the long term, then to understand the operating logic and to evaluate the overall performance of the operation, to develop strategic axes for the years to come. This method was developed by teachers from agricultural high schools, as part of research-action work within the GAP – Animation and Professionalization Group – Economy-Management. The method is aimed at the community of teachers and any trainer or advisor who has to support farmers in strategies for sustainable agricultural systems. |
| Abstract: | L'enseignement agricole est à l'épreuve, ces dernières années, des enjeux de la transition agroécologique. Dans ce contexte de changement et d'incertitude, la gestion stratégique de l'exploitation agricole, et son enseignement, sont devenus une nécessité. Mais force est de constater que les enseignants font face à de multiples difficultés et manquent de ressources pour enseigner de manière cohérente la gestion stratégique et l'analyse de durabilité de l'exploitation agricole en conservant les acquis de l'approche systémique. Les auteurs proposent une démarche méthodologique qui vise à surmonter ces difficultés et à outiller les enseignants. Structurée en trois temps, la méthode 3S aide à analyser dans le temps long des stratégies suivies, puis à saisir la logique de fonctionnement et à évaluer la performance globale de l'exploitation, pour élaborer ensuite des axes stratégiques pour les années à venir. Cette méthode a été construite par des enseignants de lycées agricoles, dans le cadre d'un travail de recherche-action au sein du GAP – Groupe d'animation et de professionnalisation – Économie-Gestion. La méthode s'adresse à la communauté des enseignants et tout formateur ou conseiller amené à accompagner des agriculteurs dans des stratégies pour des systèmes agricoles durables. |
| Keywords: | Strategic management, sustainability, farm, system approach, teaching, Gestion stratégique, durabilité, exploitation agricole, approche systémique, enseignement |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04625544 |
| By: | Rob Bauer; Katrin Gödker; Paul Smeets; Florian Zimmermann |
| Abstract: | We investigate financial experts’ beliefs about climate risk pricing and analyze how those beliefs influence stock return expectations. In a comprehensive survey, we elicit experts’ beliefs using both structured and open-ended questions. We establish that most experts share the view that climate risks are insufficiently reflected in stock prices, yet they hold heterogeneous beliefs about the source and persistence of the mispricing. Through the analysis of open text responses, we delineate distinct mental models used by financial professionals to interpret and predict the asset pricing implications of climate risks. Differences in experts’ mental models explain variation in return expectations in the short-term (1-year) and long-term (10-year). Furthermore, we document that experts’ political leanings and geography determine the type of mental model they hold. In a last step, we show that one widely held mental model, which is based on second-order beliefs, causally affects experts’ return expectations using an information provision experiment. |
| Keywords: | climate finance, climate risks, mental models, 2nd order beliefs, expectations |
| JEL: | D01 G10 G40 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11149 |
| By: | Lachhab, Rania; Sears, Molly |
| Keywords: | Resource/Energy Economics And Policy, Research And Development/ Tech Change/Emerging Technologies, Research Methods/Statistical Methods |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343893 |
| By: | Aya Suzuki (University of Tokyo); Susan Olivia (University of Waikato); Vu Hoang Nam (Faculty of International Economics, Foreign Trade University); Guenwoo Lee (Japan International Research Center for Agricultural Sciences) |
| Abstract: | Disease outbreak is a major issue in aquaculture sector that may lead to a significant economic loss. While the source of disease is difficult to trace, understanding how it occurs is important in mitigating the problem. One important factor that has not received sufficient attention is the presence of spillover among fish farmers who are connected by waterways. In this paper, we examine the presence of spillover among shrimp farmers in Southern Vietnam based on the primary data. In particular, we quantify the effects of water pollution spillover of disease outbreak in one farm to another farm and the peer effects of farming practices among the neighbors. We solve the reflection problem posed by Manski (1993) by employing a method developed by Bramoullé et al. (2009) in social network analyses. Our findings indicate that neighbors' farming practices indeed positively affect a farmer's practices and the disease outbreak in neighbors' ponds affects the disease outbreak in a farmer's pond, even after controlling for contextual peer effects and correlated effects. The magnitude of negative effects from neighbors' ponds on disease outbreak may offset the positive effects from farmers' good farming practices, suggesting the importance of considering neighboring farmers as a group in addressing the issue of disease control. |
| Keywords: | peer effect; shrimp farming; Vietnam |
| JEL: | O12 Q10 Q56 D62 |
| Date: | 2024–07–09 |
| URL: | https://d.repec.org/n?u=RePEc:wai:econwp:24/04 |
| By: | Zheng, Yanan; Goodhue, Rachael E. |
| Keywords: | Farm Management, Crop Production/Industries, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343560 |
| By: | Pauline Pedehour (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement, CONFLUENCES - SFR UA 4201 Confluences - UA - Université d'Angers); Marianne Lefebvre (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement, CONFLUENCES - SFR UA 4201 Confluences - UA - Université d'Angers) |
| Abstract: | The aim of this study was to investigate the preferences for a water conservation scheme that has not yet been implemented by combining digital tools with pilot irrigation and incentives for farmers to adopt deficit irrigation. We conducted a Q-study with 25 farmers and irrigation advisors in two French watersheds highly dependent on irrigation. We found that the material implementation of the scheme (sensors, smartphone app...) is largely accepted. However, the incentive design is less consensual, i.e., how irrigation performance is defined and what is at stake for those performing better in deficit irrigation. A wider survey with 202 farmers allows to assess how the four profiles highlighted with the Q-study distribute in the farming population of the two watersheds. This study contributes to understanding how farmers perceive a combination of technological levers and incentives to foster water conservation. |
| Keywords: | Deficit Irrigation, Water, Agriculture, Q method, Technology acceptance, Water allocation scheme |
| Date: | 2023–11–13 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04626643 |
| By: | Evan Herrnstadt; Byoung Hark Yoo |
| Abstract: | This paper uses data on mortgages and expected flood damage for each residential property in the United States to examine how much flood damage is expected to increase the cost of federally backed mortgages (referred to as the subsidy cost). The Congressional Budget Office uses its estimate of the subsidy cost to determine the budgetary effects of mortgages guaranteed directly by the federal government and through entities such as Fannie Mae and Freddie Mac. The analysis focuses only on costs to the federal mortgage programs and does not consider any costs borne by |
| JEL: | G21 H60 H81 Q54 |
| Date: | 2024–07–08 |
| URL: | https://d.repec.org/n?u=RePEc:cbo:wpaper:60167 |
| By: | Nutsugah, Godwin K.; McCullough, Ellen |
| Keywords: | International Development, Institutional And Behavioral Economics, Agricultural And Food Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343582 |
| By: | Randy A. Becker |
| Abstract: | The 2017 Economic Census collected a small number of water use questions from establishments in 41 manufacturing and 12 mining industries (Basker et al. 2019). In this paper, I provide an analysis and assessment of the data that were collected, lessons learned, and some basic if heavily-qualified findings drawn from the data. Data quality is a significant concern. |
| Keywords: | CMF, CMI |
| Date: | 2024–07 |
| URL: | https://d.repec.org/n?u=RePEc:cen:tnotes:24-05 |
| By: | Badio, Levenson; Zapata, Samuel D. |
| Keywords: | Agricultural And Food Policy, Consumer/ Household Economics, Food Consumption/Nutrition/Food Safety |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343972 |
| By: | Sen, Anupama (Smith School of Enterprise and the Environment, University of Oxford); Jamasb, Tooraj (Department of Economics, Copenhagen Business School); Brandstätt, Christine (Department of Economics, Copenhagen Business School) |
| Abstract: | EU electricity infrastructure will need to undergo significant expansion to meet future demand for green energy, as member countries seek to meet their 2050 net zero targets. Meeting these targets requires the development of cross-border transmission networks, as high shares of offshore renewables need to be integrated in energy “hubs” and into mainland markets. However, the current liberalised national, but integrated, energy markets present challenges to the efficient development of the hubs. In the emerging offshore multi-vector renewable system, a simple allocation of the investment costs of a “hub” among its beneficiaries is not necessarily proportionately aligned with the benefits drawn from it. This challenge is exacerbated by the allocation of property rights to operate regulated natural monopolies of national Transmissions System Operators (TSOs), creating a fragmented ownership structure. We propose a solution based on the logic of collective action – namely, that a subset of EU member states have the shared incentive to cooperate on the joint development of assets. We then outline a Joint Venture framework that decouples the decision to invest from the decision on the allocation of costs and benefits across beneficiaries, enabling essential investments to proceed. This model also exhibits favourable dynamic properties for gradual development of hubs. |
| Keywords: | Cost allocation; decarbonisation; electricity; networks; climate; energy; security |
| JEL: | L50 L51 L94 Q40 Q48 |
| Date: | 2024–06 |
| URL: | https://d.repec.org/n?u=RePEc:hhs:cbsnow:2024_010 |
| By: | John Korngold |
| Abstract: | Alors que la communauté mondiale peine à mettre en œuvre une gouvernance efficace pour protéger le climat, cet article explore le potentiel des communs, à la fois comme pratiques et comme grille de lecture critique, pour contribuer à cette gouvernance. Il se base sur une revue approfondie de la littérature croisant le climat au champ sémantique des communs dans laquelle il distingue les études adoptant une approche analytique ou empirique des communs, abordés en tant que pratiques sociales situées, de ceux s’appuyant sur les communs dans une démarche normative, en vue de changements sociétaux profonds. La première partie revient sur les points les plus saillants de la gouvernance climatique telle qu’elle s’est construite au cours des trois dernières décennies, en portant une attention particulière aux enjeux d’action collective ainsi qu’aux théories conventionnelles qui fondent cette gouvernance. Ce travail met en évidence une gouvernance mondiale prenant lieu historiquement à l’échelle des États-nations et dominée par de nombreux mécanismes de marché, une gouvernance que nous qualifions de pluri-États / marché. La suite de ce papier effectue une analyse critique de cette gouvernance climatique à partir de la littérature des communs. Ce travail nous permet d’identifier de nombreux croisements, plus ou moins explorés dans la littérature, parmi lesquels l’existence de formes d’action collective se déployant par-delà les États et le marché, à des échelles variées, et œuvrant en faveur du climat, soit à travers des actions spécifiques de lutte contre le changement climatique, soit par des stratégies innovantes d’adaptation. Au-delà de ces formes empiriques d’action collective, le croisement entre communs et climat met également en avant des évolutions de la gouvernance climatique dans une perspective polycentrique, ainsi que des narratifs en construction autour de la notion de bien commun global. Nous concluons le papier en ouvrant sur un agenda de recherche qui s’avère très riche, tant dans une perspective empirique qu’avec des approches plus normatives. |
| JEL: | Q |
| Date: | 2024–07–24 |
| URL: | https://d.repec.org/n?u=RePEc:avg:wpaper:fr17044 |
| By: | Congressional Budget Office |
| Abstract: | CBO examines how the share of properties at risk of flooding that are covered by policies purchased through the National Flood Insurance Program (NFIP) varies across communities with different economic and demographic characteristics. The agency found that most at-risk properties did not have flood insurance through the NFIP in 2023. Properties were more likely to have such coverage in communities with higher median income, in communities in which most dwellings were secondary residences, and in coastal communities. |
| JEL: | G18 G21 G22 G28 H12 H84 Q54 Q58 |
| Date: | 2024–07–11 |
| URL: | https://d.repec.org/n?u=RePEc:cbo:report:60042 |
| By: | Cui, Manlin; Yue, Chengyan |
| Keywords: | Consumer/ Household Economics, Agribusiness, Marketing |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:344065 |
| By: | Mounia Boucetta |
| Abstract: | Au cours de la prochaine décennie, la transition énergétique transformera le paysage économique mondial en termes de régulations, d’investissements industriels et énergétiques et de solutions technologiques développées. Le continent africain est appelé à jouer un rôle important dans cette transition, tout en répondant à ses propres besoins de développement durable. Pour tirer pleinement profit de cette dynamique naissante, les pays africains devraient s'engager sur des chemins innovants et adaptés à leurs spécificités et à leurs contraintes. Ils devraient également identifier des leviers stratégiques pour stimuler l'avancement et l’accélération de leur transition énergétique, en maximisant les retombées économiques, sociales et environnementales. |
| Date: | 2024–05 |
| URL: | https://d.repec.org/n?u=RePEc:ocp:ppaper:pb25-24 |
| By: | Zanfrillo, Alicia Inés; Morettini, Mariano |
| Abstract: | Purpose: Describe the development of digital business models of fishing companies in the city of Mar del Plata and their relationship with the sustainability of production processes. Methodology: The research is based on a descriptive-correlational quantitative methodology, with the application of a multivariate analysis technique, cluster analysis, to identify groupings of companies based on secondary sources of information. Results: Mar del Plata fishing companies offer different asymmetries in the development of their business model through digital marketing channels, with few representations of current technological advances in the final stretch of the value chain. Research limitations: The limitation of the work lies in the lack of longitudinal data that prevents evaluating long-term changes in the integration of digitalization and sustainability. Originality: The study on business models and environmental commitment in the fishing industry in the southeast of the province of Buenos Aires reveals a predominant emphasis on commercial innovation, often to the detriment of comprehensive approaches. This approach decouples digitalization from sustainability, particularly among the sector's pioneers. |
| Keywords: | Transformación Digital; Empresas Pesqueras; Cadena de Valor; Mar del Plata; |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:nmp:nuland:4126 |
| By: | Bertoni, Marcela; López, María José; Maffioni, Julieta; Faginas, Valeria L.; Testa, Joaquín |
| Abstract: | Los destinos litorales consolidados deben dar respuesta a nuevas necesidades de transformación urbano-territorial en el marco de la competitividad y la sustentabilidad. Tales necesidades requieren la implantación de modelos de gestión integral y sustentable a partir de una perspectiva multidimensional. El objetivo del presente trabajo es elaborar un diagnóstico de Miramar (Buenos Aires) que considere las necesidades sociales y las condiciones de gestión para diseñar un escenario como destino sustentable. La metodología consistió en un análisis descriptivo evaluativo, un análisis tendencial y la modelización de un escenario considerando la capacidad de sustentación ambiental, las dimensiones de la sustentabilidad y los principios de las ciudades sustentables. Los resultados determinaron que la sustentabilidad de Miramar depende de la mejora de la coordinación e integración intermunicipal y público-privada, la sistematización y adecuación de las intervenciones, la formalización de la participación y del estímulo a la conciencia ambiental de la población para la internalización de valores proambientales. |
| Keywords: | Necesidades Sociales; Gestión Ambiental; Turismo Sustentable; Miramar; |
| Date: | 2024–06–25 |
| URL: | https://d.repec.org/n?u=RePEc:nmp:nuland:4122 |
| By: | Naudé, Wim (RWTH Aachen University) |
| Abstract: | This paper identifies conceptual, methodological, and empirical flaws in the first African Entrepreneurial Ecosystem Index (AEEI) that was launched in 2024. These flaws limit the usefulness of the AEEI. Moreover, given that the both the notions of entrepreneurial ecosystems and composite indices are subject to subjectivity and are ad hoc, use of the AEEI can lead to simplistic policy conclusions; worse, a poorly constructed index can detract, mislead and be manipulated. It is concluded that if scholars are to embark on entrepreneurial ecosystem index building despite the concept lacking sound theoretical and empirical foundations, then it is best not to focus on the cross-country level, but to start at the sub-national level and follow best practice in composite index building. This will have the benefits of at least being more consistent with the ideas of entrepreneurship as being place dependent and that ecosystem measures should be concerned with what entrepreneurs want - and less on existing institutions. |
| Keywords: | entrepreneurship, Africa, entrepreneurial ecosystem, composite indices |
| JEL: | L26 L53 O55 |
| Date: | 2024–06 |
| URL: | https://d.repec.org/n?u=RePEc:iza:izadps:dp17075 |
| By: | Cyrielle Gaglio (University of Helsinki); Simone Pfuderer (University of Reading); Bodo Steiner (University of Helsinki) |
| Abstract: | This presentation aims to improve our understanding of the role of trust in the context of sustainability initiatives, from multiple supply chain (consumer and producer) perspectives, employing a set of logistic regression models. First, it analyzes consumer preferences regarding sustainability initiatives that food supply chain stakeholders (farmers, retailers, food processors, food service providers) could potentially implement from a consumer perspective to increase consumer trust. This consumer perspective is then contrasted with a producer perspective, where we aim to understand the drivers of producers' trust into externally provided sustainability initiatives (certi |
| Date: | 2024–06–29 |
| URL: | https://d.repec.org/n?u=RePEc:boc:fsug24:24 |
| By: | Frédéric Bonin (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine); Benoît Grasser (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine) |
| Abstract: | Key element of competences management, the collective competence concept is the subject of a substantial literature. Yet, the question of its evolving process remains opened. This research proposes to explore this question by mobilizing the notions of performing and patterning from the theory of routine dynamics. The research is based on the study of a reshuffling collective of actors to adapt the local forest management of a public forest facing grand challenges. As outcomes; we show that performing can be interpreted as a process through which the attributes of collective competence emerge and are transformed, and that the constitution of these attributes forms a new guide for collective action, a process akin to patterning. |
| Abstract: | Maillon clé de la gestion des compétences, le concept de compétence collective fait l'objet d'une importante littérature. Pourtant, la question de ses processus d'évolution reste ouverte. Cette recherche propose d'explorer cette question en mobilisant les notions de performing et de patterning issues de la théorie des routines dynamiques. La démarche s'appuie sur l'étude d'un collectif d'acteurs se recomposant pour adapter la gestion forestière locale d'une forêt publique confrontée à une situation de grands défis. A l'issue de l'article, nous montrons que le performing peut s'interpréter comme un processus à travers lequel les attributs de la compétence collective émergent, se transforment et que la constitution de ces attributs forme un nouveau guide pour l'action collective, processus s'apparentant au patterning. |
| Keywords: | Compétence Collective, Performing, Patterning, Grands Défis, Gestion Forestière, Compétence Collective Performing Patterning Grands Défis Gestion Forestière Compétence Collective Performing Patterning Grands Défis Gestion Forestière 1 collective competence performing patterning grand challenges forest management Article accepté competencia colectiva performing patterning grandes desafíos gestión forestal, Gestion Forestière Compétence Collective, Gestion Forestière 1 collective competence, performing, patterning, grand challenges, forest management Article accepté competencia colectiva, grandes desafíos, gestión forestal |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04627817 |
| By: | Baptista Palazzi, Rafael; Van Huellen, Sophie |
| Keywords: | Resource/Energy Economics And Policy, Demand And Price Analysis, Financial Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea22:343668 |