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DOI | 10.1016/j.resourpol.2024.105006 |
On climate fat tails and politics ☆ | |
发表日期 | 2024 |
ISSN | 0301-4207 |
EISSN | 1873-7641 |
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 |
推荐引用方式 GB/T 7714 | . 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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