Publications

The basic economics of low-carbon growth in the UK
Mattia Romani, Nicholas Stern and Dimitri Zenghelis

Risk preferences and voluntary agri-environmental schemes: does risk aversion explain the uptake of the Rural Environment Protection Scheme?
The lowering of trade barriers under the successive reforms of the pillar I of the Common Agricultural Policy, the opening of the commodity markets to an … read more »

The impact of risk on inequality: evidence from the Irish agricultural sector
The goal of the present paper is to test the hypothesis that risk has an impact on inequality. Many studies investigating the behaviour of farmers under … read more »

Emerging markets and climate change: Mexican standoff or low-carbon race?
Schelling (1995) stressed the importance of correctly disaggregating the impacts of climate change to understand how individual interests differ across space and time. This paper considers … read more »

Spending adaptation money wisely
Discussions about adaptation finance have largely concentrated on process: how money should be raised and how adaptation spending should be governed and monitored. This article seeks to move the … read more »

Simulating the effects of climate and land management practices on global crop yield
Deryng, D., Sacks, W., Ramankutty, N., et al. (2011). Global Biogeochemical Cycles, 25(2).

Trade in ‘virtual carbon’: empirical results and implications for policy
The fact that developing countries do not have carbon emission caps under the Kyoto Protocol has led to the current interest in high income countries in border taxes on … read more »

Carbon trading: unethical, unjust and ineffective?
Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon) and … read more »

Self-interested low-carbon growth in G-20 emerging markets
This article suggests that some or all G-20 Emerging Markets (GEMs = Argentina, Brazil, China, India, Indonesia, Korea, Mexico, South Africa, and Turkey) could seize the climate policy agenda … read more »

Disasters and development: natural disasters, credit constraints and economic growth
We demonstrate, using a simple two-period equilibrium model of the economy, the potential effects of extreme event occurrences – such as natural or humanitarian disasters – on economic growth … read more »


