Economic aspects of climate change:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Abschlussarbeit Buch |
| Sprache: | English |
| Veröffentlicht: |
Berlin
wvb, Wiss. Verl. Berlin
2004
|
| Ausgabe: | 1. Aufl. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XIV, 196 S. graph. Darst. |
| ISBN: | 3865730280 |
Internformat
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Datensatz im Suchindex
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| adam_text | IX
Contents
Acknowledgements vii
Table of contents ix
List of tables xii
List of figures xiii
Part I Introduction 1
1 Introduction 3
1.1 Overall introduction 3
1.2 Climate, climate change and the enhanced greenhouse effect 4
1.3 Economics and climate change 6
1.4 Outline of the thesis 12
Part II Economic impacts of climate change:
The amenity value of climate 17
2 The hedonic price approach 19
2.1 A review of the approach 19
2.1.1 A model to measure the value of amenities 19
2.1.2 A critique of the approach 22
2.1.3 Existing literature measuring the amenity value of climate 24
2.2 The amenity value of climate to British households 30
2.2.1 Introduction 30
2.2.2 Data sources 32
2.2.3 Empirical analysis 39
2.2.4 The implicit prices of climate 44
2.2.5 Implicit prices of climate change 47
2.2.6 Conclusion 50
2.3 The amenity value of climate to German households 52
2.3.1 Introduction 52
2.3.2 Empirical analysis 54
2.3.3 Discussion 60
X
2.3.4 Conclusions 63
Appendix 64
3 An alternative approach: Climate and happiness 73
3.1 Introduction 73
3.2 Literature review 73
3.2.1 Happiness in economics 73
3.2.2 Environmental valuation techniques 75
3.3 Empirical analysis 77
3.4 Results 82
3.5 The influence of climate change 85
3.6 Conclusion 89
Appendix 91
Part III Environmental policy responses:
Design issues of emission permit trading 99
4 Unilateral regulation of bilateral trade in greenhouse gas
emission permits 101
4.1 Introduction 101
4.2 The case of two domestic emissions markets 103
4.3 Domestic regulation of a bi national market 105
4.3.1 Quantity instruments: Carbon discounts and import quota 106
4.3.2 Price instrument: Tariff 107
4.3.3 Cost comparison of the different instruments 108
4.4 Emissions 110
4.5 Compliance and liability 113
4.5.1 Comparison of buyers and sellers liability 115
4.5.2 Compliance, liability and emissions 117
4.6 Discussion and conclusion 119
Appendix 121
5 On multi period allocation of tradable emission permits 132
5.1 Introduction 132
5.2 The market 135
5.3 Dynamic allocation 136
5.3.1 Alternative allocations 136
5.3.2 A numerical illustration 140
5.5 Banking and borrowing 144
5.6 Constrained banking and borrowing 148
5.7 Discussion and conclusion 152
Appendix 154
XI
Part IV Conclusion 161
6 Conclusion 163
References 171
Summary 189
Zusammenfassung 193
XII
Tables
Table 2.2.1 Definition of variables included in the regression 34
Table 2.2.2 Characteristics of the 775 Posttowns 35
Table 2.2.3. The results of the regression 40
Table 2.2.4. F Test on joint significance of variables 43
Table 2.2.5. Implicit prices for climate variables 44
Table 2.2.6. The total welfare impact of climate change 49
Table 2.3.1. Parameter homogeneity among the coefficients from the house
price regressions 58
Table 2.3.2. Parameter homogeneity among the coefficients from the wage rate
regressions 59
Table 2.3.3. The 5th and 95th percentiles of the implicit price of climate
variables 62
Table 2.3A1.1. Definition of variables included in the house price regression.. 64
Table 2.3A1.2. The results of the house price regression 67
Table 2.3A2.1. Definition of variables included in the wage regression 69
Table 2.3A2.2. The results of the wage rate regression 71
Table 3.1. Definition of the variables 80
Table 3.2. Summary of the data 81
Table 3.3. Regression results 84
Table 3.4. The predicted impact of climate change 87
Table 3A1. Records used to compute climate record 91
Table 3A2. Predicted changes in temperature and precipitation 95
Table 4.1 A. The shadow prices of both countries without trade, with free trade,
and with 11 forms of restricted trade 130
XIII
Figures
Figure 2.2.1. The regions of Great Britain 38
Figure 2.3.1. The federal states of Germany 55
Figure 3.1. Relationship between temperature in the coldest month (°C) and
happiness 79
Figure 4.1. The total costs of Country A and Country B as a function of
discount, tariff and quota 109
Figure 4.2. The shadow prices of Country A and Country B as a function of the
discount, tariff and import quota 110
Figure 4.3. The total costs of Country B for two cases 111
Figure 4.4. The total costs of Country B for three cases 112
Figure 4.5. Relative gains of trade for Country A and Country B under sellers
or buyers liability as a function of the tightness of the market 116
Figure 4.6. The shadow prices of Country A and Country B under sellers and
buyers liability as a function of the chance of non compliance 116
Figure 4.7. The minimum discount and the maximum tariff as a function of the
uncertainty underlying buyers and sellers liability 118
Figure 5.1. Supply and demand of permits in period 1 for a static allocation and
two alternative forms of dynamic allocation, i.e. rolling grandfathcring and
technology standards 139
Figure 5.2. Emission reduction with and without trade in the first period 141
Figure 5.3. Allocation of emission reduction obligations in the second period
according to three alternative rules, and emission reduction effort after
trade 142
Figure 5.4. The net present costs of emission reduction with and without
trade 142
XIV
Figure 5.5. Emission reduction obligation and effort in period 1 144
Figure 5.6. The net present costs of emission reduction with and without inter
temporal transfer 150
Figure 5.7. The net present costs of emission reduction with and without inter
temporal transfer of permits for the two dynamic allocation schemes 151
Figure 6.1. The total welfare impact of climate change in different regions
measured in dollar per capita 166
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| spelling | Rehdanz, Katrin Verfasser aut Economic aspects of climate change Katrin Rehdanz 1. Aufl. Berlin wvb, Wiss. Verl. Berlin 2004 XIV, 196 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Zugl.: Hamburg, Univ., Diss., 2004 Gesellschaft Klimaänderung Climatic changes Economic aspects Climatic changes Social aspects Emissions trading Hedonischer Preis (DE-588)4377236-5 gnd rswk-swf Allokation (DE-588)4001302-9 gnd rswk-swf Umweltzertifikathandel (DE-588)4572791-0 gnd rswk-swf Klimaänderung (DE-588)4164199-1 gnd rswk-swf Lebensqualität (DE-588)4034922-6 gnd rswk-swf Deutschland (DE-588)4011882-4 gnd rswk-swf Großbritannien (DE-588)4022153-2 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Großbritannien (DE-588)4022153-2 g Klimaänderung (DE-588)4164199-1 s Lebensqualität (DE-588)4034922-6 s Hedonischer Preis (DE-588)4377236-5 s Deutschland (DE-588)4011882-4 g DE-604 Umweltzertifikathandel (DE-588)4572791-0 s Allokation (DE-588)4001302-9 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013003758&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Rehdanz, Katrin Economic aspects of climate change Gesellschaft Klimaänderung Climatic changes Economic aspects Climatic changes Social aspects Emissions trading Hedonischer Preis (DE-588)4377236-5 gnd Allokation (DE-588)4001302-9 gnd Umweltzertifikathandel (DE-588)4572791-0 gnd Klimaänderung (DE-588)4164199-1 gnd Lebensqualität (DE-588)4034922-6 gnd |
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| title | Economic aspects of climate change |
| title_auth | Economic aspects of climate change |
| title_exact_search | Economic aspects of climate change |
| title_full | Economic aspects of climate change Katrin Rehdanz |
| title_fullStr | Economic aspects of climate change Katrin Rehdanz |
| title_full_unstemmed | Economic aspects of climate change Katrin Rehdanz |
| title_short | Economic aspects of climate change |
| title_sort | economic aspects of climate change |
| topic | Gesellschaft Klimaänderung Climatic changes Economic aspects Climatic changes Social aspects Emissions trading Hedonischer Preis (DE-588)4377236-5 gnd Allokation (DE-588)4001302-9 gnd Umweltzertifikathandel (DE-588)4572791-0 gnd Klimaänderung (DE-588)4164199-1 gnd Lebensqualität (DE-588)4034922-6 gnd |
| topic_facet | Gesellschaft Klimaänderung Climatic changes Economic aspects Climatic changes Social aspects Emissions trading Hedonischer Preis Allokation Umweltzertifikathandel Lebensqualität Deutschland Großbritannien Hochschulschrift |
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