Distributional biases in the analysis of climate change
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ecolecon.2012.06.014
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Peter Skott & Leila Davis, 2011. "Distributional biases in the analysis of climate change," UMASS Amherst Economics Working Papers 2011-22, University of Massachusetts Amherst, Department of Economics.
References listed on IDEAS
- Ackerman, Frank & Stanton, Elizabeth A. & Bueno, Ramón, 2013.
"CRED: A new model of climate and development,"
Ecological Economics, Elsevier, vol. 85(C), pages 166-176.
- Frank Ackerman, Elizabeth A. Stanton, Ramón Bueno, 2010. "CRED: A New Model of Climate and Development," Working Papers 96, United Nations, Department of Economics and Social Affairs.
- Chichilnisky, Graciela & Heal, Geoffrey, 1994.
"Who should abate carbon emissions? : An international viewpoint,"
Economics Letters, Elsevier, vol. 44(4), pages 443-449, April.
- Graciela Chichilnisky & Geoffrey Heal, 1993. "Who Should Abate Carbon Emissions? An International Viewpoint," NBER Working Papers 4425, National Bureau of Economic Research, Inc.
- Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, January.
- Azar, Christian & Sterner, Thomas, 1996. "Discounting and distributional considerations in the context of global warming," Ecological Economics, Elsevier, vol. 19(2), pages 169-184, November.
- Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change, Part II. Dynamic Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(2), pages 135-160, February.
- Mantel, Rolf R., 1976. "Homothetic preferences and community excess demand functions," Journal of Economic Theory, Elsevier, vol. 12(2), pages 197-201, April.
- Anthoff, David & Tol, Richard S.J., 2010.
"On international equity weights and national decision making on climate change,"
Journal of Environmental Economics and Management, Elsevier, vol. 60(1), pages 14-20, July.
- Anthoff, David & Tol, Richard S.J., 2007. "On International Equity Weights and National Decision Making on Climate Change," Climate Change Modelling and Policy Working Papers 9547, Fondazione Eni Enrico Mattei (FEEM).
- David Anthoff & Richard S.J. Tol, 2007. "On International Equity Weights and National Decision Making on Climate Change," Working Papers 2007.55, Fondazione Eni Enrico Mattei.
- David Anthoff & Richard S.J. Tol, 2007. "On International Equity Weights And National Decision Making On Climate Change," Working Papers FNU-127, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2007.
- David Anthoff & Richard S. J. Tol, 2008. "On International Equity Weights and National Decision Making on Climate Change," CESifo Working Paper Series 2373, CESifo.
- Anthoff, David & Tol, Richard S. J., 2011. "On International Equity Weights and National Decision Making on Climate Change," Papers RB2010/4/2, Economic and Social Research Institute (ESRI).
- Armon Rezai & Duncan K. Foley & Lance Taylor, 2016.
"Global Warming and Economic Externalities,"
Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 447-470,
Springer.
- Armon Rezai & Duncan Foley & Lance Taylor, 2012. "Global warming and economic externalities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 49(2), pages 329-351, February.
- Sen, Amartya Kumar, 2000. "The Discipline of Cost†Benefit Analysis," Scholarly Articles 3444801, Harvard University Department of Economics.
- Elizabeth Stanton, 2011. "Negishi welfare weights in integrated assessment models: the mathematics of global inequality," Climatic Change, Springer, vol. 107(3), pages 417-432, August.
- Martin L. Weitzman, 2009.
"On Modeling and Interpreting the Economics of Catastrophic Climate Change,"
The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.
- Weitzman, Martin L., 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," Scholarly Articles 3693423, Harvard University Department of Economics.
- Chichilnisky, G., 1994. "Sustainable Development and Social Choice," Papers 94-02, Columbia - Graduate School of Business.
- Baum, Seth D., 2009. "Description, prescription and the choice of discount rates," Ecological Economics, Elsevier, vol. 69(1), pages 197-205, November.
- Graciela Chichilnisky, 1996.
"An axiomatic approach to sustainable development,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(2), pages 231-257, April.
- Chichilnisky, Graciela, 1995. "An axiomatic approach to sustainable development," MPRA Paper 8609, University Library of Munich, Germany.
- Partha Dasgupta, 2011. "The Ethics of Intergenerational Distribution: Reply and Response to John E. Roemer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(4), pages 475-493, December.
- John Roemer, 2011. "The Ethics of Intertemporal Distribution in a Warming Planet," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(3), pages 363-390, March.
- John E. Roemer, 2009. "The Ethics of Distribution in a Warming Planet," Cowles Foundation Discussion Papers 1693, Cowles Foundation for Research in Economics, Yale University.
- Brenner, Mark & Riddle, Matthew & Boyce, James K., 2007. "A Chinese sky trust?: Distributional impacts of carbon charges and revenue recycling in China," Energy Policy, Elsevier, vol. 35(3), pages 1771-1784, March.
- Alan P. Kirman, 1992. "Whom or What Does the Representative Individual Represent?," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-136, Spring.
- Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009.
"Equity weighting and the marginal damage costs of climate change,"
Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
- David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2006. "Equity weighting and the marginal damage costs of climate change," Working Papers FNU-121, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.
- Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2007. "Equity Weighting and the Marginal Damage Costs of Climate Change," Climate Change Modelling and Policy Working Papers 9325, Fondazione Eni Enrico Mattei (FEEM).
- David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2007. "Equity Weighting and the Marginal Damage Costs of Climate Change," Working Papers 2007.43, Fondazione Eni Enrico Mattei.
- Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change. Part 1: Benchmark Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 47-73, January.
- Olivier Blanchard, 2009.
"The State of Macro,"
Annual Review of Economics, Annual Reviews, vol. 1(1), pages 209-228, May.
- Olivier J. Blanchard, 2008. "The State of Macro," NBER Working Papers 14259, National Bureau of Economic Research, Inc.
- Sen, Amartya, 2000. "The Discipline of Cost-Benefit Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 931-952, June.
- Leila Davis & Peter Skott, 2011. "Positional goods, climate change and the social returns to investment," UMASS Amherst Economics Working Papers 2011-24, University of Massachusetts Amherst, Department of Economics.
- Debreu, Gerard, 1974. "Excess demand functions," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 15-21, March.
- Nordhaus, William D., 1993.
"Rolling the 'DICE': an optimal transition path for controlling greenhouse gases,"
Resource and Energy Economics, Elsevier, vol. 15(1), pages 27-50, March.
- William D. Nordhaus, 1992. "Rolling the 'Dice': An Optimal Transition Path for Controlling Greenhouse Gases," Cowles Foundation Discussion Papers 1019, Cowles Foundation for Research in Economics, Yale University.
- Sonnenschein, Hugo, 1972. "Market Excess Demand Functions," Econometrica, Econometric Society, vol. 40(3), pages 549-563, May.
- Martin L. Weitzman, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 703-724, September.
- Nicholas Stern, 2008. "The Economics of Climate Change," American Economic Review, American Economic Association, vol. 98(2), pages 1-37, May.
- -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Peter Skott, 2016.
"Aggregate demand, functional finance, and secular stagnation,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 13(2), pages 172-188, September.
- Skott, Peter, 2016. "Aggregate Demand, Functional Finance and Secular Stagnation," UMASS Amherst Economics Working Papers 2016-02, University of Massachusetts Amherst, Department of Economics.
- Zhou, P. & Wang, M., 2016. "Carbon dioxide emissions allocation: A review," Ecological Economics, Elsevier, vol. 125(C), pages 47-59.
- S. Scrieciu & Valerie Belton & Zaid Chalabi & Reinhard Mechler & Daniel Puig, 2014. "Advancing methodological thinking and practice for development-compatible climate policy planning," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(3), pages 261-288, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tol, Richard S.J., 2013.
"Targets for global climate policy: An overview,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 911-928.
- Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
- Tol, Richard S. J., 2011.
"Modified Ramsey Discounting for Climate Change,"
Papers
WP368, Economic and Social Research Institute (ESRI).
- Richard S.J. Tol, 2013. "Modified Ramsey Discounting for Climate Change," Tinbergen Institute Discussion Papers 13-130/VIII, Tinbergen Institute.
- Richard S.J. Tol, 2013. "Modified Ramsey Discounting for Climate Change," Working Paper Series 6313, Department of Economics, University of Sussex Business School.
- Richard S. J. Tol, 2015. "Modified Ramsey Discounting for Climate Change," CESifo Working Paper Series 5588, CESifo.
- Richard S J Tol, 2018.
"The Economic Impacts of Climate Change,"
Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
- Richard S. J. Tol, 2010. "The Economic Impact of Climate Change," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(s1), pages 13-37, May.
- Tol, Richard S. J., 2008. "The Economic Impact of Climate Change," Papers WP255, Economic and Social Research Institute (ESRI).
- Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
- Kornek, Ulrike & Klenert, David & Edenhofer, Ottmar & Fleurbaey, Marc, 2021.
"The social cost of carbon and inequality: When local redistribution shapes global carbon prices,"
Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
- Ulrike Kornek & David Klenert & Ottmar Edenhofer & Marc Fleurbaey, 2019. "The social cost of carbon and inequality: when local redistribution shapes global carbon prices," CESifo Working Paper Series 7628, CESifo.
- Ulrike Kornek & David Klenert & Ottmar Edenhofer & Marc Fleurbaey, 2021. "The social cost of carbon and inequality: When local redistribution shapes global carbon prices," PSE-Ecole d'économie de Paris (Postprint) hal-03426147, HAL.
- Ulrike Kornek & David Klenert & Ottmar Edenhofer & Marc Fleurbaey, 2021. "The social cost of carbon and inequality: When local redistribution shapes global carbon prices," Post-Print hal-03426147, HAL.
- Richard S.J. Tol, 2021. "Estimates of the social cost of carbon have not changed over time," Working Paper Series 0821, Department of Economics, University of Sussex Business School.
- David Anthoff & Richard Tol, 2009.
"The Impact of Climate Change on the Balanced Growth Equivalent: An Application of FUND,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 351-367, July.
- David Anthoff & Richard S. J. Tol, 2008. "The Impact of Climate Change on the Balanced-Growth-Equivalent: An Application of FUND," Papers WP228, Economic and Social Research Institute (ESRI).
- Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.
- Ingmar Schumacher, 2014. "The Aggregation Dilemma," Working Papers 2014-224, Department of Research, Ipag Business School.
- van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014.
"What Do We Learn from the Weather? The New Climate-Economy Literature,"
Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2013. "What Do We Learn from the Weather? The New Climate-Economy Literature," NBER Working Papers 19578, National Bureau of Economic Research, Inc.
- Christoph Hambel & Holger Kraft & Eduardo Schwartz, 2015. "Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change," NBER Working Papers 21044, National Bureau of Economic Research, Inc.
- Pindyck, Robert S., 2012.
"Uncertain outcomes and climate change policy,"
Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 289-303.
- Robert S. Pindyck, 2009. "Uncertain Outcomes and Climate Change Policy," Working Papers 0907, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Robert S. Pindyck, 2009. "Uncertain Outcomes and Climate Change Policy," NBER Working Papers 15259, National Bureau of Economic Research, Inc.
- Kverndokk, Snorre & Rose, Adam, 2008.
"Equity and Justice in Global Warming Policy,"
International Review of Environmental and Resource Economics, now publishers, vol. 2(2), pages 135-176, October.
- Snorre Kverndokk & Adam Rose, 2008. "Equity and Justice in Global Warming Policy," Working Papers 2008.80, Fondazione Eni Enrico Mattei.
- Kverndokk, Snorre & Rose, Adam, 2008. "Equity and justice in global warming policy," MPRA Paper 24272, University Library of Munich, Germany.
- Kverndokk, Snorre & Rose, Adam Z., 2008. "Equity and Justice in Global Warming Policy," Climate Change Modelling and Policy Working Papers 44230, Fondazione Eni Enrico Mattei (FEEM).
- Kverndokk, Snorre & Rose , Adam, 2008. "Equity and Justice in Global Warming Policy," Memorandum 21/2008, Oslo University, Department of Economics.
- Lamperti, F. & Dosi, G. & Napoletano, M. & Roventini, A. & Sapio, A., 2018.
"Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model,"
Ecological Economics, Elsevier, vol. 150(C), pages 315-339.
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so Close: Coupled Climate and Economic Dynamics in an Agent-Based Integrated Assessment Model," LEM Papers Series 2017/12, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2018. "Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model," SciencePo Working papers Main hal-03399637, HAL.
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so close : coupled climate and economic dynamics in an agent-based integrated assessment model," SciencePo Working papers Main hal-03458816, HAL.
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so close : coupled climate and economic dynamics in an agent-based integrated assessment model," Working Papers hal-03458816, HAL.
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2017. "Faraway, so close : coupled climate and economic dynamics in an agent based integrated assessment model," Documents de Travail de l'OFCE 2017-10, Observatoire Francais des Conjonctures Economiques (OFCE).
- Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2018. "Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model," Post-Print hal-03399637, HAL.
- Leila Davis & Peter Skott, 2011. "Positional goods, climate change and the social returns to investment," UMASS Amherst Economics Working Papers 2011-24, University of Massachusetts Amherst, Department of Economics.
- W. Botzen & Jeroen Bergh, 2014. "Specifications of Social Welfare in Economic Studies of Climate Policy: Overview of Criteria and Related Policy Insights," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(1), pages 1-33, May.
- Hambel, Christoph & Kraft, Holger & Schwartz, Eduardo S., 2019. "Optimal carbon abatement in a stochastic equilibrium model with climate change," SAFE Working Paper Series 92, Leibniz Institute for Financial Research SAFE, revised 2019.
- Davidson, Marc D., 2014. "Zero discounting can compensate future generations for climate damage," Ecological Economics, Elsevier, vol. 105(C), pages 40-47.
- Arvaniti, Maria, 2016. "Uncertainty, Extreme Outcomes and Climate Change: a critique," CERE Working Papers 2016:11, CERE - the Center for Environmental and Resource Economics.
- Hof, Andries F. & van Vuuren, Detlef P. & den Elzen, Michel G.J., 2010. "A quantitative minimax regret approach to climate change: Does discounting still matter?," Ecological Economics, Elsevier, vol. 70(1), pages 43-51, November.
More about this item
Keywords
Representative agent; Welfare; Global warming; Inequality;All these keywords.
JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:85:y:2013:i:c:p:188-197. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.