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DOI10.1016/j.resourpol.2024.105006
On climate fat tails and politics ☆
发表日期2024
ISSN0301-4207
EISSN1873-7641
起始页码92
卷号92
英文摘要Transitioning the economy from one that relies on fossil fuels to one that emphasizes renewable energy sources will have important implications for the pattern of natural resource use. Such a transition depends on government policies. As elected politicians have an incentive to weigh the spatially heterogeneous costs and benefits on their constituents from taking political action, one might hope that particularly unusual climate events might provide an impetus to increased action. We undertake an analysis using a variety of data sources. We first investigate the stochastic process governing temperature anomalies allowing for fat tails, which can arise either from a ''jumpdiffusion process or a time -varying volatility process. Using the parameter estimates from this first stage, combined with demographic and socio-economic variables, we analyze features promoting support for policies addressing climate change. Several of the parameter estimates that capture fat tails in temperature anomalies play a statistically important relation.
英文关键词Climate policy; Temperature anomalies; Fat tails; Politics
语种英语
WOS研究方向Environmental Sciences & Ecology
WOS类目Environmental Studies
WOS记录号WOS:001236818500001
来源期刊RESOURCES POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/291897
作者单位University of Wyoming; University of Minnesota System; University of Minnesota Duluth; University of Minnesota Twin Cities; University of Minnesota Hospital
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. On climate fat tails and politics ☆[J],2024,92.
APA (2024).On climate fat tails and politics ☆.RESOURCES POLICY,92.
MLA "On climate fat tails and politics ☆".RESOURCES POLICY 92(2024).
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