Robust Abatement Policy with Uncertainty About Environmental Disasters (Record no. 134257)

MARC details
000 -LEADER
fixed length control field 01416nam a2200205Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 241008s9999||||xx |||||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1573-1502
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Niu, Yingjie
9 (RLIN) 122332
245 #0 - TITLE STATEMENT
Title Robust Abatement Policy with Uncertainty About Environmental Disasters
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Environmental and Resource Economics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 933-965
520 ## - SUMMARY, ETC.
Abstract We consider the robust responses to environmental disasters in stochastic growth economies. The representative agent has imprecise knowledge about environmental disasters and exhibits ambiguity aversion to the jump arrival intensity. In the equilibrium, the optimal abatement expenditure is increasing in the level of ambiguity aversion, which overturns the effect of model uncertainty on capital investment. Because of mitigating future damages, the incremental abatement may enhance long-run economic growth. In addition, welfare gains from abatement technology and the social cost of carbon become more substantial under ambiguous circumstances. Finally, we extend the baseline model by considering emission stock and find the main results still hold in this extension.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Ambiguity Aversion
9 (RLIN) 122333
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Environmental Disasters
9 (RLIN) 122334
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Social Cost of Carbon
9 (RLIN) 122335
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economic Growth
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Zou, Zhentao
9 (RLIN) 122336
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1007/s10640-024-00843-4">https://doi.org/10.1007/s10640-024-00843-4</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134257
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
        Dr VKRV Rao Library Dr VKRV Rao Library 08/10/2024 Vol. 87, No. 4   AI541 08/10/2024 08/10/2024 Article Index