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The Economics of Global Climate Change: A Historical Literature Review

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  • Dobes Leo
  • Jotzo Frank
  • Stern David I.

    () (Crawford School of Public Policy, The Australian National University, 132 Lennox Crossing, Acton, ACT 2601, Australia)

Abstract

We review the literature on the economics of climate change with a focus on the evolution of the literature from some of the early classic papers to the latest contributions. We divide the paper into three main sections: trends in greenhouse gas emissions, mitigation, and adaptation.

Suggested Citation

  • Dobes Leo & Jotzo Frank & Stern David I., 2014. "The Economics of Global Climate Change: A Historical Literature Review," Review of Economics, De Gruyter, vol. 65(3), pages 281-320, December.
  • Handle: RePEc:lus:reveco:v:65:y:2014:i:3:p:281-320
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    1. Henriques, Sofia Teives & Borowiecki, Karol J., 2017. "The drivers of long-run CO2 emissions in Europe, North America and Japan since 1800," Energy Policy, Elsevier, vol. 101(C), pages 537-549.
    2. Daniel J. Tulloch, Ivan Diaz-Rainey, and I.M. Premachandra, 2017. "The Impact of Liberalization and Environmental Policy on the Financial Returns of European Energy Utilities," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    3. Sofia Teives Henriques & Karol J. Borowiecki, 2014. "The Drivers of Long-run CO2 Emissions: A Global Perspective since 1800," Working Papers 0062, European Historical Economics Society (EHES).
    4. Becchetti, Leonardo & Castriota, Stefano & Conzo, Pierluigi, 2017. "Disaster, Aid, and Preferences: The Long-run Impact of the Tsunami on Giving in Sri Lanka," World Development, Elsevier, vol. 94(C), pages 157-173.
    5. Stern, David, 2014. "Rethinking the Emissions-Income Relationship in Terms of Growth Rates," 2014 Conference (58th), February 4-7, 2014, Port Maquarie, Australia 165877, Australian Agricultural and Resource Economics Society.
    6. repec:kap:jbioec:v:19:y:2017:i:1:d:10.1007_s10818-017-9243-1 is not listed on IDEAS
    7. Michael Berlemann & Max Steinhardt & Jascha Tutt, 2015. "Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country," SOEPpapers on Multidisciplinary Panel Data Research 763, DIW Berlin, The German Socio-Economic Panel (SOEP).
    8. Halkos, George, 2014. "The Economics of Climate Change Policy: Critical review and future policy directions," MPRA Paper 56841, University Library of Munich, Germany.
    9. Moutinho, Victor & Moreira, António Carrizo & Silva, Pedro Miguel, 2015. "The driving forces of change in energy-related CO2 emissions in Eastern, Western, Northern and Southern Europe: The LMDI approach to decomposition analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1485-1499.
    10. Jakob Skovgaard, 2017. "Limiting costs or correcting market failures? Finance ministries and frame alignment in UN climate finance negotiations," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 89-106, February.
    11. David I. Stern, 2017. "The environmental Kuznets curve after 25 years," Journal of Bioeconomics, Springer, vol. 19(1), pages 7-28, April.
    12. Adrian Amelung, 2016. "Das "Paris-Agreement": Durchbruch der Top-Down-Klimaschutzverhandlungen im Kreise der Vereinten Nationen," Otto-Wolff-Institut Discussion Paper Series 03/2016, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland.
    13. Michael Berlemann & Daniela Wenzel, 2016. "Hurricanes, Economic Growth and Transmission Channels - Empirical Evidence for Developed and Underdeveloped Countries," CESifo Working Paper Series 6041, CESifo Group Munich.
    14. repec:eee:wdevel:v:105:y:2018:i:c:p:231-247 is not listed on IDEAS
    15. Vázquez-Rowe, Ian & Reyna, Janet L. & García-Torres, Samy & Kahhat, Ramzy, 2015. "Is climate change-centrism an optimal policy making strategy to set national electricity mixes?," Applied Energy, Elsevier, vol. 159(C), pages 108-116.

    More about this item

    Keywords

    Climate change; economic development; mitigation; adaptation; policy;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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