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Registros recuperados: 13
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Assessing the Economic Impacts of Climate Change. An Updated CGE Point of View AgEcon
Bosello, Francesco; Eboli, Fabio; Pierfederici, Roberta.
The present research describes a climate change integrated impact assessment exercise, whose economic evaluation is based on a CGE approach and modeling effort. Input to the CGE model comes from a wide although still partial set of up-to-date bottom-up impact studies. Estimates indicate that a temperature increase of 1.92°C compared to pre-industrial levels in 2050 could lead to global GDP losses of approximately 0.5% compared to a hypothetical scenario where no climate change is assumed to occur. Northern Europe is expected to benefit from the evaluated temperature increase (+0.18%), while Southern and Eastern Europe are expected to suffer from the climate change scenario under analysis (-0.15% and -0.21% respectively). Most vulnerable countries are the...
Tipo: Working Paper Palavras-chave: Computable General Equilibrium Modeling; Impact Assessment; Climate Change; Environmental Economics and Policy; C68; Q51; Q54.
Ano: 2012 URL: http://purl.umn.edu/121700
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The economic assessment of changes in ecosystem services: and application of the CGE methodology AgEcon
Bosello, Francesco; Eboli, Fabio; Parrado, Ramiro; Nunes, Paulo A.L.D.; Ding, Helen; Rosa, Renato.
The present study integrates Computable General Equilibrium (CGE) modelling with biodiversity services, proposing a possible methodology for assessing climate-change impacts on ecosystems. The assessment focuses on climate change impacts on carbon sequestration services provided by European forest, cropland and grassland ecosystems and on provisioning services, but provided by forest and cropland ecosystems only. To do this via a CGE model it is necessary to identify first the role that these ecosystem services play in marketable transactions; then how climate change can impact these services; and finally how the economic system reacts to those changes by adjusting demand and supply across sectors, domestically and internationally
Tipo: Journal Article Palavras-chave: Climate change; Ecosystems services; Integrated assessment; CGE; Environmental Economics and Policy; C68; Q51; Q54; Q57.
Ano: 2011 URL: http://purl.umn.edu/117622
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Klum@Gtap: Introducing Biophysical Aspects of Land-Use Decisions Into a General Equilibrium Model a Coupling Experiment AgEcon
Ronneberger, Kerstin; Berrittella, Maria; Tol, Richard S.J.; Bosello, Francesco.
In this paper the global agricultural land use model KLUM is coupled to an extended version of the computable general equilibrium model (CGE) GTAP in order to consistently assess the integrated impacts of climate change on global cropland allocation and its implication for economic development. The methodology is innovative as it introduces dynamic economic land-use decisions based also on the biophysical aspects of land into a state-of-the-art CGE; it further allows the projection of resulting changes in cropland patterns on a spatially more explicit level. A convergence test and illustrative future simulations underpin the robustness and potentials of the coupled system. Reference simulations with the uncoupled models emphasize the impact and relevance...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12030
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REDD in the Carbon Market: A General Equilibrium Analysis AgEcon
Bosello, Francesco; Eboli, Fabio; Parrado, Ramiro; Rosa, Renato.
Deforestation is a major source of CO2 emissions, accounting for around 17% of total annual anthropogenic carbon release. While the cost estimates of reducing deforestation rates vary considerably depending on model assumptions, it is widely accepted that emissions reductions from avoided deforestation consist of a relatively low cost mitigation option. Halting deforestation is therefore not only a major ecological challenge, but also a great opportunity to cost effectively reduce climate change negative impacts. In this paper we analyze the impact of introducing avoided deforestation credits into the European carbon market using a multiregional Computable General Equilibrium model – the ICES model (Inter-temporal Computable Equilibrium System). Taking...
Tipo: Working or Discussion Paper Palavras-chave: Forestry; Avoided Deforestation; Climate Change; Emission Trading; General Equilibrium Modelling; Environmental Economics and Policy; D58; Q23; Q54.
Ano: 2010 URL: http://purl.umn.edu/98100
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A Review of Recent Studies on Cost Effectiveness of GHG Mitigation Measures in the European Agro-Forestry Sector AgEcon
Povellato, Andrea; Bosello, Francesco; Giupponi, Carlo.
Over the last twenty years, climate change has become an increasing concern for scientists, public opinions and policy makers. Due to the pervasive nature of its impacts for many important aspects of human life, climate change is likely to influence and be influenced by the most diverse policy or management choices. This is particularly true for those interventions affecting agriculture and forestry: they are strongly dependent on climate phenomena, but also contribute to climate evolution being sources of and sinks for greenhouse gases. This paper offers a survey of the existing literature assessing cost, effectiveness and efficiency of greenhouse gas mitigation strategies, or broader economic reforms, targeted to the agricultural and forestry sectors....
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10268
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Energy Demand and Temperature: A Dynamic Panel Analysis AgEcon
Bigano, Andrea; Bosello, Francesco; Marano, Giuseppe.
This paper is a first attempt to investigate the effect of climate on the demand for different energy vectors from different final users. The ultimate motivation for this is to arrive to a consistent evaluation of the impact of climate change on key consumption goods and primary factors such as energy vectors. This paper addresses these issues by means of a dynamic panel analysis of the demand for coal, gas, electricity, oil and oil products by residential, commercial and industrial users in OECD and (a few) non-OECD countries. It turns out that temperature has a very different influence on the demand of energy vectors as consumption goods and on their demand as primary factors. In general, residential demand responds negatively to temperature increases,...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12117
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Climate Change, Energy Demand and Market Power in a General Equilibrium Model of the World Economy AgEcon
Roson, Roberto; Bosello, Francesco; De Cian, Enrica.
Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature levels. This paper draws upon an econometric study, disentangling the contribution of temperature in the determination of the annual regional demand for energy goods. Combining estimates of temperature elasticities with scenarios of future climate change, it is possible to assess variations in energy demand induced (directly) by the global warming. We use this information to simulate a change in the demand structure of households in a CGE model of the world economy, in a set of assessment exercises. The changing demand structure triggers a structural adjustment process, influencing trade flows, regional competitiveness of industries and...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; Energy; Computable General Equilibrium Models; Imperfect Competition; Resource /Energy Economics and Policy; D58; F12; Q43; Q54.
Ano: 2007 URL: http://purl.umn.edu/9095
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The Kyoto Protocol and the Effect of Existing and Planned Measures in the Agricultural and Forestry Sector in the EU25 AgEcon
Povellato, Andrea; Bosello, Francesco; Buchner, Barbara K.; Crimi, Jacopo; Giupponi, Carlo.
Agricultural and forestry activities cover the majority of the EU territory: in particular agriculture is the main land use type, accounting for more than 41% of the land use in the EU15, while in the new Member States this share ranges between 30 and 60 %, whereas forestry is the second. The role of agriculture as both a source of and as a sink of greenhouse gases (GHG) varies significantly because of the diversity of production systems adopted by farmers and of the environmental conditions in Europe. The effectiveness of the policy measures adopted so far in the agro-forestry sector to meet the Kyoto target are reported in the National Communications to the UNFCC which now reached its 4th edition. National Communication were used in this reports as the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/10267
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The Economic and Environmental Effects of an EU Ban on Illegal Logging Imports. Insights from a CGE Assessment AgEcon
Bosello, Francesco; Parrado, Ramiro; Rosa, Renato.
Illegal logging is widely recognized as a major economic problem and one of the causes of environmental degradation. Increasing awareness of its negative effects has fostered a wide range of proposals to combat it by major international conservation groups and political organizations. Following the 2008 US legislation which prohibits the import of illegally harvested wood and wood products, the European Union (EU) is now discussing a legislation proposal which would ban illegal timber from the EU market. In this study we use the ICES computable general equilibrium model to estimate the reallocation of global demand and timber imports following the pending EU legislation. With this exercise our final objective is to assess the economic impacts and measure...
Tipo: Working or Discussion Paper Palavras-chave: Forestry; Illegal Logging; International Trade; Economy and Environment; Computable General Equilibrium Models; Environmental Economics and Policy; D58; Q23; Q56; R13.
Ano: 2010 URL: http://purl.umn.edu/90953
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Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy AgEcon
Bosello, Francesco; Carraro, Carlo; De Cian, Enrica.
The latest round of international negotiations in Copenhagen led to a set of commitments on emission reductions which are unlikely to stabilise global warming below or around 2°C. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address climate-related damages. What is the role of adaptation in this setting? How is it optimally allocated across regions and time? To address these questions, this paper analyses the optimal mix of adaptation and mitigation expenditures in a cost-effective setting in which countries cooperate to achieve a long-term stabilisation target (550 CO2-eq). It uses an Integrated Assessment Model (AD-WITCH) that describes the relationships between different adaptation modes...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment Model; Environmental Economics and Policy; Q54; Q56; Q43.
Ano: 2011 URL: http://purl.umn.edu/116907
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Economy-Wide Estimates of the Implications of Climate Change: A Joint Analysis for Sea Level Rise and Tourism AgEcon
Bigano, Andrea; Bosello, Francesco; Roson, Roberto; Tol, Richard S.J..
Climate change impacts on human life have well defined and different origins, nevertheless in the determination of their final effects, especially those involving social-economic responses, interactions among impacts are likely to play an important role. This paper is one of the first attempts to disentangle and highlight the role of these interactions. It focuses on the economic assessment of two specific climate change impacts: sea-level rise and changes in tourism flows. By using a CGE model the two impacts categories are first analyzed separately and then jointly. Comparing the results it is shown that, even though qualitatively joint effects follow the outcomes of the disjoint exercises, quantitatively impact interactions do play a significant role....
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12022
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Adaptation, Mitigation and “Green” R&D to Combat Global Climate Change. Insights From an Empirical Integrated Assessment Exercise AgEcon
Bosello, Francesco.
This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatement is enriched with a planned-adaptation module where a defensive capital stock is built through adaptation investment. Within this framework the optimal path of planned adaptation, the optimal inter and intra temporal mix between adaptation, mitigation and investment in R&D, and the sensitivity of a strategy to each other is identified. The major conclusions of this research show that adaptation, mitigation and R&D are strategic complements as all concur together to the solution of the climate change problem; nonetheless...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment; Environmental Economics and Policy; Q25; Q28.
Ano: 2010 URL: http://purl.umn.edu/59746
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Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage AgEcon
Bosello, Francesco; Carraro, Carlo; De Cian, Enrica.
It has become commonly accepted that a successful climate strategy should compound mitigation and adaptation. The accurate combination between adaptation and mitigation that can best address climate change is still an open question. This paper proposes a framework that integrates mitigation, adaptation, and climate change residual damages into an optimisation model. This set-up is used to provide some insights on the welfare maximising resource allocation between mitigation and adaptation, on their optimal timing, and on their marginal contribution to reducing vulnerability to climate change. The optimal mix between three different adaptation modes (reactive adaptation, anticipatory adaptation, and investment in innovation for adaptation purposes) within...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment Model; Environmental Economics and Policy; Q54; Q56; Q43.
Ano: 2010 URL: http://purl.umn.edu/60681
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