scholarly journals Assessing climate impacts on English economic growth (1645–1740): an econometric approach

2020 ◽  
Author(s):  
José Luis Martinez-Gonzalez
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Energy Transition ◽  
Maunder Minimum ◽  
Climate Impacts ◽  
Point Of View ◽  
Primary Sources ◽  
Agricultural Revolution ◽  
Econometric Approach ◽  
Industrial Economic

<p>British pre-industrial economic growth has traditionally been analysed from the Malthusian point of view and other more optimistic approaches, but in many cases, ignoring environmental factors. This article explores the inclusion of the climate in this general debate, focusing on one of the colder periods of the last 500 years, known as the Maunder Minimum. The provisional results suggest that climate change and the resulting adaptations may have influenced the start of the English Agricultural Revolution, the Energy Transition and the European Divergence. However, from an econometric point of view these results are not fully conclusive, making it necessary to continue working with better primary sources and other alternative methodologies.</p>

Comparing the Four Main Cases

2018 ◽  
Author(s):  
William R. Thompson ◽  
Leila Zakhirova
Keyword(s):  
Economic Growth ◽  
Technological Innovation ◽  
Energy Transition ◽  
The United States ◽  
Modern World ◽  
Regional Specialization ◽  
Domestic Markets ◽  
Technological Leadership ◽  
System Leaders ◽  
Industrial Economic

No two system leaders were identical in their claims to being the most innovative states in their respective zones, eras, and periods of leadership. Nonetheless, three general categories emerge: maritime commercial leadership, a pushing of agrarian boundaries, and sustained industrial economic growth. Those that made breakthroughs in the latter category, of course, redefined the modern world. Frontiers were critically important in all four cases of system leadership (China, the Netherlands, Britain, and the United States), but not exactly in the same way. Major improvements in transportation/communication facilitated economic growth by making interactions more feasible and less expensive, although the importance of trade varied considerably. Expanding populations were a hallmark of all four cases, even if the scale of increase varied. Population growth and urbanization forced agriculture to become more efficient and provided labor for nonagricultural pursuits. Urban demands stimulated regional specialization, technological innovation, and energy intensification, expanding the size of domestic markets and contributing to scalar increases in production. Just how large those scalar increases were depended on the interactions among technological innovation, power-driven machinery, and energy transition. Yet no single change led automatically to technological leadership. While lead status was never gained by default, it helped to have few rivals. As more serious rivals emerged, technological leaderships became harder to maintain.

scholarly journals Assessing climate impacts on English economic growth (1645–1740): an econometric approach

2020 ◽  
Vol 160 (2) ◽  
pp. 233-249
Author(s):  
José Luis Martínez-González ◽  
Jordi Suriñach ◽  
Gabriel Jover ◽  
Javier Martín-Vide ◽  
Mariano Barriendos-Vallvé ◽  
...  
Keyword(s):  
Economic Growth ◽  
Climate Impacts ◽  
Econometric Approach

scholarly journals Growth at Risk From Climate Change

2021 ◽  
Vol 2021 (054) ◽  
pp. 1-19
Author(s):  
Michael T. Kiley ◽  
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
At Risk ◽  
Economic Activity ◽  
Financial Stability ◽  
Climate Impacts ◽  
Average Level ◽  
Quantile Regressions ◽  
Effects Of Temperature

How will climate change affect risks to economic activity? Research on climate impacts has tended to focus on effects on the average level of economic growth. I examine whether climate change may make severe contractions in economic activity more likely using quantile regressions linking growth to temperature. The effects of temperature on downside risks to economic growth are large and robust across specifications. These results suggest the growth at risk from climate change is large—climate change may make economic contractions more likely and severe and thereby significantly impact economic and financial stability and welfare.

scholarly journals Destroy the planet for the sake of the very rich? A plea for fair distribution as common sense

2019 ◽  
Vol 119 ◽  
pp. 00007
Author(s):  
Elisabetta Grande
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Common Sense ◽  
Point Of View ◽  
Legal Systems ◽  
Ecological Consequences ◽  
Unequal Distribution ◽  
Legal Rules ◽  
Unlimited Growth ◽  
Common Perception

This paper will address from a peculiar point of view the key issue -raised today by Greta Thunberg and her peers- of the unlimited economic growth in a limited planet. It is its aim to point out how a relentless growth, while entailing dramatic ecological consequences in terms both of resources’ consumption/destruction and of climate change, contrary to a common perception does not benefit everybody. In contrast, because of the unequal distribution of GDP and wealth that is largely driven by the legal systems such as politically shaped, it benefits only the very rich. This new understanding should finally lead the vast majority of us to stop asking for an unlimited growth and to join Greta Thunberg in her protest, calling for something different, namely a less unequal redistribution of what we have via different legal rules. Why in fact should we destroy the planet, such as weneed it for our survival, just to make the very wealthy even more affluent?

scholarly journals India and Climate Change: Evolving Ideas and Increasing Policy Engagement

2018 ◽  
Vol 43 (1) ◽  
pp. 395-424 ◽  
Author(s):  
Navroz K. Dubash ◽  
Radhika Khosla ◽  
Ulka Kelkar ◽  
Sharachchandra Lele
Keyword(s):  
Climate Change ◽  
Climate Policy ◽  
Energy Transition ◽  
Climate Impacts ◽  
Global Context ◽  
International Policies ◽  
Climate Action ◽  
Interactive Relationship ◽  
And Shifts ◽  
Over Time

India is a significant player in climate policy and politics. It has been vocal in international climate negotiations, but its role in these negotiations has changed over time. In an interactive relationship between domestic policy and international positions, India has increasingly become a testing ground for policies that internalize climate considerations into development. This article critically reviews the arc of climate policy and politics in India over time. It begins by examining changes in knowledge and ideas around climate change in India, particularly in the areas of ethics, climate impacts, India's energy transition, linkages with sustainability, and sequestration. The next section examines changes in politics, policy, and governance at both international and national scales. The article argues that shifts in ideas and knowledge of impacts, costs, and benefits of climate action and shifts in the global context are reflected and refracted through discourses in India's domestic and international policies.

scholarly journals Uncertain impacts on economic growth when stabilizing global temperatures at 1.5°C or 2°C warming

2018 ◽  
Vol 376 (2119) ◽  
pp. 20160460 ◽  
Author(s):  
Felix Pretis ◽  
Moritz Schwarz ◽  
Kevin Tang ◽  
Karsten Haustein ◽  
Myles R. Allen
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
National Income ◽  
Climate Impacts ◽  
Large Set ◽  
Climate Conditions ◽  
Social Challenges ◽  
Empirical Estimates ◽  
Per Capita ◽  
Warming World

Empirical evidence suggests that variations in climate affect economic growth across countries over time. However, little is known about the relative impacts of climate change on economic outcomes when global mean surface temperature (GMST) is stabilized at 1.5°C or 2°C warming relative to pre-industrial levels. Here we use a new set of climate simulations under 1.5°C and 2°C warming from the ‘Half a degree Additional warming, Prognosis and Projected Impacts' (HAPPI) project to assess changes in economic growth using empirical estimates of climate impacts in a global panel dataset. Panel estimation results that are robust to outliers and breaks suggest that within-year variability of monthly temperatures and precipitation has little effect on economic growth beyond global nonlinear temperature effects. While expected temperature changes under a GMST increase of 1.5°C lead to proportionally higher warming in the Northern Hemisphere, the projected impact on economic growth is larger in the Tropics and Southern Hemisphere. Accounting for econometric estimation and climate uncertainty, the projected impacts on economic growth of 1.5°C warming are close to indistinguishable from current climate conditions, while 2°C warming suggests statistically lower economic growth for a large set of countries (median projected annual growth up to 2% lower). Level projections of gross domestic product (GDP) per capita exhibit high uncertainties, with median projected global average GDP per capita approximately 5% lower at the end of the century under 2°C warming relative to 1.5°C. The correlation between climate-induced reductions in per capita GDP growth and national income levels is significant at the p  < 0.001 level, with lower-income countries experiencing greater losses, which may increase economic inequality between countries and is relevant to discussions of loss and damage under the United Nations Framework Convention on Climate Change. This article is part of the theme issue ‘The Paris Agreement: understanding the physical and social challenges for a warming world of 1.5°C above pre-industrial levels'.

2018 Nobel Economics Prize: Integrating Climate Change Measures into Sustainable Economic Growth

2018 ◽  
Vol 34 (4) ◽  
Author(s):  
Nguyen Thi Thuc An ◽  
Dau Kieu Ngoc Anh
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Endogenous Growth ◽  
Environmental Issues ◽  
Growth Theory ◽  
Endogenous Growth Theory ◽  
Technological Advances ◽  
Academy Of Sciences ◽  
Sustainable Economic Growth

The 2018 Nobel Economics Prize was awarded to two American economists - William D. Nordhaus and Paul M. Romer - who designed methods for better assessing environmental issues and technological advances on growth. This year’s Laureates, Nordhaus was the first person to create an intergrated model to assess interactions between society and nature and Romer laid the foundation for what is now called endogenous growth theory. According to the Swedish Royal Academy of Sciences, these two macroeconomists’ research have helped “significantly broaden the scope of economic analysis by constructing models that explain how the market economy interacts with nature and knowledge” which integrates climate change measures into long-term sustainable economic growth. Keywords Nobel in economics, William D. Nordhaus, Paul M. Romer, climate change, endogenous growth theory, economic growth References [1] Y Vân (2018), “Lý lịch 'khủng' của hai nhà khoa học vừa giành giải Nobel Kinh tế 2018”, Vietnambiz, đăng tải ngày 08/10/2018, https://vietnambiz.vn/ly-lich-khung-cua-hai-nha-khoa-hoc-vua-gianh-giai-nobel-kinh-te-2018-95776.html[2] Jonas O. Bergman, Rich Miller (2018), “Nordhaus, Romer Win Nobel for Thinking on Climate, Innovation”, đăng tải ngày 8/10/2018, https://www.bloomberg.com/news/articles/2018-10-08/nordhaus-romer-win-2018-nobel-prize-in-economic-sciences [3] Antonin Pottier (2018), “Giải Nobel” William Nordhaus có thật sự nghiêm túc?”, Nguyễn Đôn Phước dịch, đăng tải ngày 11/10/2018, http://www.phantichkinhte123.com/2018/10/giai-nobel-william-nordhaus-co-that-su.html[4] Thăng Điệp (2018), “Giải Nobel kinh tế 2018 về tay hai người Mỹ”, đăng tải ngày 8/10/2018, http://vneconomy.vn/giai-nobel-kinh-te-2018-ve-tay-hai-nguoi-my-20181008185809239.htm[5] Lars P. Syll (2018), “Cuối cùng - Paul Romer cũng có được giải thưởng Nobel”, Huỳnh Thiện Quốc Việt dịch, đăng tải ngày 14/10/2018, http://www.phantichkinhte123.com/2018/10/cuoi-cung-paul-romer-cung-co-uoc-giai.html[6] Phương Võ (2018), “Nobel Kinh tế 2018: Chạm tới bài toán khó của thời đại”, đăng tải ngày 9/10/2018, https://nld.com.vn/thoi-su-quoc-te/nobel-kinh-te-2018-cham-toi-bai-toan-kho-cua-thoi-dai-20181008221734228.htm[7] Đông Phong (2018), “Nobel Kinh tế cho giải pháp phát triển bền vững và phúc lợi người dân”, đăng tải ngày 8/10/2018, https://news.zing.vn/nobel-kinh-te-cho-giai-phap-phat-trien-ben-vung-va-phuc-loi-nguoi-dan-post882860.html[8] Thanh Trúc (2018), “Giải Nobel kinh tế 2018: Thay đổi tư duy về biến đổi khí hậu”, https://tusach.thuvienkhoahoc.com/wiki/Gi%E1%BA%A3i_Nobel_kinh_t%E1%BA%BF_2018:_Thay_%C4%91%E1%BB%95i_t%C6%B0_duy_v%E1%BB%81_bi%E1%BA%BFn_%C4%91%E1%BB%95i_kh%C3%AD_h%E1%BA%ADu[9] Cẩm Anh (2018), “Nobel kinh tế 2018: Lời giải cho tăng trưởng kinh tế bền vững”, đăng tải ngày 11/10/2018, http://enternews.vn/nobel-kinh-te-2018-loi-giai-cho-tang-truong-kinh-te-ben-vung-137600.html.

Managing African Urbanization in the Context of Environmental Change

2014 ◽  
Vol 2 (2) ◽  
Author(s):  
Shuaib Lwasa
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Social Services ◽  
Urban Areas ◽  
Urban Governance ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Sub Saharan ◽  
Urbanization Rate ◽  
Development And Management

Africa’s urbanization rate has increased steadily over the past three decades and is reported to be faster than in any other region in the world . It is estimated that by 2030, over half of the African population will be living in urban areas . But the nature of Africa’s urbanization and subsequent form of cities is yet to be critically analyzed in the context of city authorities’ readiness to address the challenges . Evidence is also suggesting that urbanization in African countries is increasingly associated with the high economic growth that has been observed in the last two decades . Both underlying and proximate drivers are responsible for the urbanization, and these include population dynamics, economic growth, legislative designation, increasing densities in rural centers, as well as the growth of mega cities such as Lagos, Cairo and Kinshasa, that are extending to form urban corridors . With the opportunities of urbanization in Sub–Saharan Africa, there are also challenges in the development and management of these cities . Those challenges include provision of social services, sustainable economic development, housing development, urban governance, spatial development guidance and environmental management, climate change adaptation, mitigation and disaster risk reduction . The challenge involves dealing with the development and infrastructure deficit, in addition to required adaption to and mitigation of climate change . This paper examines the current state of urban management in Africa .

Configurations to Superior Environmental Innovation Strategy: A Both–And Approach

2021 ◽  
pp. 108602662110316
Author(s):  
Tiziana Russo-Spena ◽  
Nadia Di Paola ◽  
Aidan O’Driscoll
Keyword(s):  
Climate Change ◽  
Value Chain ◽  
Critical Role ◽  
Well Being ◽  
Point Of View ◽  
Future Generations ◽  
Innovation Strategy ◽  
Environmental Innovation ◽  
Data Set

An effective climate change action involves the critical role that companies must play in assuring the long-term human and social well-being of future generations. In our study, we offer a more holistic, inclusive, both–and approach to the challenge of environmental innovation (EI) that uses a novel methodology to identify relevant configurations for firms engaging in a superior EI strategy. A conceptual framework is proposed that identifies six sets of driving characteristics of EI and two sets of beneficial outcomes, all inherently tensional. Our analysis utilizes a complementary rather than an oppositional point of view. A data set of 65 companies in the ICT value chain is analyzed via fuzzy-set comparative analysis (fsQCA) and a post-QCA procedure. The results reveal that achieving a superior EI strategy is possible in several scenarios. Specifically, after close examination, two main configuration groups emerge, referred to as technological environmental innovators and organizational environmental innovators.

Retooling the Energy Charter Treaty for climate change mitigation: lessons from investment law and arbitration

2021 ◽  
Vol 14 (2) ◽  
pp. 75-87
Author(s):  
Elena Cima
Keyword(s):  
Climate Change ◽  
Climate Change Mitigation ◽  
Energy Transition ◽  
Clean Energy ◽  
Careful Analysis ◽  
Energy Trade ◽  
Energy Charter Treaty ◽  
Scope Of Application ◽  
Modernization Process ◽  
Change Mitigation

Abstract In 2017, the Energy Charter Treaty (ECT) began a modernization process aimed at updating, clarifying, and modernizing a number of provisions of the Treaty. Considering the scope of application of the Treaty—cooperation in energy trade, transit, and investment—there is hardly any doubt that the modernization kicked off in 2017 offers a springboard for constructive reform and a unique opportunity to bring the Treaty closer in line with the objectives of the Paris Agreement. Although none of the items selected by the Energy Charter Conference and open for discussion and reform mention climate change or clean energy, a careful analysis of the relevant practice in both treaty drafting and adjudication can provide valuable insights as to how to steer the discussions on some of the existing items in a climate-friendly direction. The purpose of this article is to rely on this relevant practice to explore promising avenues to ‘retool’ the Treaty for climate change mitigation, in other words, to imagine a Treaty that would better reflect climate change concerns and clean energy transition goals.

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