Handbook on the Economics of Climate Change

Edited by Graciela Chichilnisky, Professor of Economics and Mathematical Statistics, Columbia University, CEO and Co-Founder of Global Thermostat in New York, US, and former US Lead Author of the UN IPCC and Armon Rezai, Professor, WU Vienna University of Economics and Business, and Senior Guest Research Scholar at the International Institute for Applied Systems Analysis, Austria

'More fruitful interaction between economists and political scientists studying possible policy responses to climate change is long overdue. With this volume of 18 essays, co-editors Chichilnisky and Rezai, along with 32 other distinguished writers, do much to facilitate invaluable progress toward a virtuous circle of mutually reinforcing economic and political analyses.'--Peter J. Hammond, University of Warwick, UK

• Contents:IntroductionSection I: The Political Economy of Climate Change and Climate Policy1. Distributional Issues in Climate Policy: Air Quality Co-benefits and Carbon RentJames K. Boyce2. Evaluating Policies to Implement the Paris Agreement: A Toolkit with Application to ChinaIan Parry, Baoping Shang, Nate Vernon, Philippe Windeger and Tarun Narasimhan3. Bargaining to Lose: A Permeability Approach to Post-Transition Resource ExtractionNatasha Chichilnisky-Heal4. Host-MNC Relations in Resource-Rich CountriesNatasha Chichilnisky-Heal and Geoffrey M. Heal5. Bargaining to Lose the Global CommonsNatasha Chichilnisky-Heal and Graciela ChichilniskySection II: Integrated Assessment Modelling6.Integrated Assessment Models of climate changeChris Hope7. Climate Change Policy under Spatial Heat Transport and Polar AmplificationWilliam Brock and Anastasios Xepapadeas8. Progressive adaptation strategies in European coastal cities: a response to flood-risk under uncertaintyLuis M. Abadie, Elisa Sainz de Murieta, Ibon Galarraga and Anil Markandya9. Economic Growth and the Social Cost of Carbon: Additive versus Multiplicative DamagesArmon Rezai, Frederick van der Ploeg and Cees Withagen10. Optimal Global Climate Policy and Regional Carbon PricesMark Budolfson and Francis Dennig11. Tipping and Reference Points in Climate Change GamesAlessandro Tavoni and Doruk Iris Section III: Climate Change and Sustainability12. Climate Change, Malthus and CollapseNorman Schofield13. Greenhouse Gas and Cyclical GrowthLance Taylor and Duncan Foley14. Growth and SustainabilityRobin Hahnel15. Intergenerational altruism: A solution to the climate problem?Frikk Nesje and Geir Asheim16. On Intertemporal Equity and Efficiency in a Model of Global WarmingJohn Hartwick and Tapan Mitra17. Transformational change: Parallels for addressing climate and development goalsPenny Mealy and Cameron Hepburn18. Less precision, more truth: Uncertainty in climate economics and macroprudential policyCameron Hepburn and J. Doyne FarmerIndex