On analytical models of optimal mixture of mitigation and adaptation investmentst

Wataru Nozawa, Tetsuya Tamaki, Shunsuke Managi

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Determining the optimal combination of mitigation and adaptation investments is an important topic in policy making to combat climate change. Some analytical results on the relationship between the optimal ratio of adaptation to mitigation and development level have been reported in the literature. In this article, we examine this relationship in greater detail using a simple model with general return functional forms and analytically show that the relationship can take various forms. The results suggest a desirable design of empirical studies on adaptation measures. In addition, the insights obtained in the simple model are useful to understand more complicated models.

Original languageEnglish
Pages (from-to)57-67
Number of pages11
JournalJournal of Cleaner Production
Volume186
DOIs
Publication statusPublished - Jun 10 2018

All Science Journal Classification (ASJC) codes

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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