Published in Environmental and Resource Economics
Some scholars argue that trade liberalization results in the ‘outsourcing’ of pollution to pollution havens, and this may explain the existence of the environmental Kuznets curve (EKC) in industrialized countries. Others claim that trade liberalization effectively lessens pollution by allowing a more efficient use of resources and the diffusion of ...
Published in Environmental and Resource Economics
In response to the COVID-19 health crisis, the French government has imposed drastic lockdown measures for a period of 55 days. This paper provides a quantitative assessment of the economic and environmental impacts of these measures in the short and long term. We use a Computable General Equilibrium model designed to assess environmental and energ...
Published in Environmental and Resource Economics
We introduce a double hurdle latent class approach to model choice experiments, where serial non-participants and clustered preference patterns are present. The proposed approach is applied to a recent stated preference study in which the residents of the Eastern Shore of Virginia answer choice questions about alternative coastal climate change ada...
Published in Environmental and Resource Economics
Prior meta-regression models (MRMs) of wetland values pool value estimates associated with diverse commodity types—for example recreation, flood control, nutrient cycling, habitat provision, nonuse value, and carbon sequestration. Neither theory nor economic intuition justify the inclusion of such dissimilar commodities within a single meta-analyti...
Published in Environmental and Resource Economics
We study the occurrence of shocks in a common groundwater resource problem using a differential game. In particular, we use Rubio and Casino’s adaptation of the Gisser and Sánchez model where we introduce a sudden change in the dynamics of the resource, namely a decrease in the recharge rate of the aquifer. We compare the pareto optimal solution wi...
Published in Environmental and Resource Economics
Renewable energy technologies are called to play a crucial role in the reduction of greenhouse gas emissions. Since most of these technologies did not yet reach grid parity, public policies have been implemented in order to foster their deployment. The approach that has been privileged in Europe is the demand-pull approach that aims at creating a d...
Published in Environmental and Resource Economics
There has been a recent increase in efforts to develop broader models to assess the impact of climate change and climate change policies, both in terms of impact measures (beyond GDP) and in terms of modelling complexity (beyond DICE/RICE models). Climate policies aimed at reducing CO2 emissions can have impacts in multiple sectors of the economy, ...
Published in Environmental and Resource Economics
A simple integrated assessment framework that gives rules for the optimal carbon price, transition to the carbon-free era and stranded carbon assets is presented, which highlights the ethical, economic, geophysical and political drivers of optimal climate policy. For the ethics we discuss the role of intergenerational inequality aversion and the di...
Published in Environmental and Resource Economics
To the best of our knowledge, this is the first paper comparing empirically the transaction costs of the monitoring, reporting and verification (MRV) required by two environmental regulations aimed to cost-efficiently reduce greenhouse gas emissions: a carbon dioxide (CO2\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepa...
Published in Environmental and Resource Economics
The European Emission Trading Scheme (EU ETS) has introduced a price for carbon, thus generating an additional cost for companies that are regulated by the scheme. The objective of this paper is to provide empirical evidence on the effect of the EU ETS on firm-level economic performance. There is a growing body of empirical literature that investig...
