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	Provedor de dados AgEcon (1) Autor Brock, William A. (1) Engstrom, Gustav (1) Xepapadeas, Anastasios (1) Palavra-chave Damage Reservoir (1) Energy Balance Climate Models (1) Environmental Economics and Policy (1) Heat Diffusion (1) Ice Line (1) Permafrost (1) Policy Ramp (1) Q54 (1) Q58 (1) Skiba Points (1) Mais... Tipo do documento Working Paper (1) Ano 2012 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Energy Balance Climate Models, Damage Reservoirs and the Time Profile of Climate Change Policy AgEcon Brock, William A.; Engstrom, Gustav; Xepapadeas, Anastasios. A simplified energy balance climate model is considered with the global mean temperature as the state variable, and an endogenous ice line. The movements of the ice line towards the Poles are associated with damage reservoirs where initial damages are high and then eventually vanish as the ice caps vanish and the damage reservoir is exhausted. We couple this climate model with a simple economic growth model and we show that the endogenous ice line induces a nonlinearity. This nonlinearity when combined with two sources of damages - the conventional damages due to temperature increase and the reservoir damages - generates multiple steady states and Skiba points. It is shown that the policy ramp implied by this model calls for high mitigation now. Simulation... Tipo: Working Paper Palavras-chave: Energy Balance Climate Models; Damage Reservoir; Ice Line; Permafrost; Heat Diffusion; Policy Ramp; Skiba Points; Environmental Economics and Policy; Q54; Q58. Ano: 2012 URL: http://purl.umn.edu/122863 Registros recuperados: 1 Primeira ... 1 ... Última

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