Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/194119 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
Economics Working Paper Series No. 18/296
Verlag: 
ETH Zurich, CER-ETH - Center of Economic Research, Zurich
Zusammenfassung: 
The paper develops the Basic Climate Economic (BCE) model featuring the core elements of climate economics and climate policy. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate-induced capital depreciation. We first use graphical analysis to show the effects of climate change and climate policy on economic growth. Intuition for the different model mechanisms, the functional forms, and the effects of different climate policies is provided. We then show the model equations in mathematical terms to derive closed-form solutions and to run model simulations relating to the graphical part. Finally, we compare our setup to other models of climate economics.
Schlagwörter: 
Climate change
endogenous growth
climate policy
resource use
stock pollution
JEL: 
Q43
O47
Q56
O41
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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