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Some Research Challenges In The Economics Of Climate Change

Author

Listed:
  • MARSHALL BURKE

    (Stanford University, Stanford, California 94305, USA)

  • MELANIE CRAXTON

    (Stanford University, Stanford, California 94305, USA)

  • CHARLES D. KOLSTAD

    (Stanford University, Stanford, California 94305, USA)

  • CHIKARA ONDA

    (Stanford University, Stanford, California 94305, USA)

Abstract

The paper reviews progress in understanding the economics of climate change with an emphasis on identifying promising advances that are both significant and nonmarginal, as well as areas in which there are key gaps in our knowledge. We highlight several important areas in which important policy-relevant research questions remain: improving estimates of climate damage used for determining the social cost of carbon, refining integrated assessment models, and designing better climate policies. As the world moves to understand and implement country emissions reduction pledges in the context of the UNFCCC, understanding the economics of the problem will become even more important. The hope is that the paper is not only informative for existing economists already working in climate change economics, but that it also serves as an inspiration for economists in other areas, or even those in other disciplines, on ways in which to contribute to solving the problem at hand.

Suggested Citation

  • Marshall Burke & Melanie Craxton & Charles D. Kolstad & Chikara Onda, 2016. "Some Research Challenges In The Economics Of Climate Change," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-14, May.
    • Handle: RePEc:wsi:ccexxx:v:07:y:2016:i:02:n:s2010007816500020
    DOI: 10.1142/S2010007816500020
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    3. Martin Falk & Xiang Lin, 2018. "The declining dependence of ski lift operators on natural snow conditions," Tourism Economics, , vol. 24(6), pages 662-676, September.
    4. Arellano Gonzalez, Jesus, 2018. "Estimating climate change damages in data scarce and non-competitive settings: a novel version of the Ricardian approach with an application to Mexico," 2018 Annual Meeting, August 5-7, Washington, D.C. 274010, Agricultural and Applied Economics Association.

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