Climate Tipping and Economic Growth: Precautionary Capital and the Price of Carbon
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More about this item
Keywordsnon-marginal climate Shock; tipping point; precautionary capital accumulation; economic growth; social cost of carbon; risk avoidance;
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices
- Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-10 (All new papers)
- NEP-ENE-2013-08-10 (Energy Economics)
- NEP-ENV-2013-08-10 (Environmental Economics)
- NEP-RES-2013-08-10 (Resource Economics)
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