Arbeitspapier

Adaptation for Mitigation

This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions’ best responses can be strategic complements through a dynamic complementarity effect. The model is used to analyze the impact of adaptation assistance from North to South. It is shown that North’s unilateral assistance to South (thus enhancing South’s adaptation capacity) can facilitate pollution mitigation in both regions, especially when the assistance is targeted at human capital protection.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 102.2014

Classification
Wirtschaft
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
Subject
Climate Change
Mitigation
Adaptation
Human Capital

Event
Geistige Schöpfung
(who)
Ikefuji, Masako
Magnus, Jan R.
Sakamoto, Hiroaki
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ikefuji, Masako
  • Magnus, Jan R.
  • Sakamoto, Hiroaki
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2014

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