Do people really care about global warming?

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2022-01-21 DOI:10.17811/ebl.11.1.2022.24-32

F. Busato, B. Chiarini, Gianluigi Cisco, M. Ferrara

引用次数: 0

Abstract

Global warming represents a "hot" topic in our current daily life. This paper builds up and simulates a dynamic stochastic general equilibrium (DSGE) model in the spirit of Nordhaus (2008) while investigating consumers' behavior in a context where economic and environmental issues interact. The paper suggests that households do not care about global warming as much as they should. Even if households make pro-environmental consumption choices, their investment decisions focus on the economic aspect mainly. Therefore, households' propensity to consume clean products is not sufficient to produce benefits to the environment.

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人们真的关心全球变暖吗？

全球变暖是我们当前日常生活中的一个“热门”话题。本文本着Nordhaus（2008）的精神，建立并模拟了一个动态随机一般均衡（DSGE）模型，同时在经济和环境问题相互作用的背景下调查消费者的行为。这篇论文表明，家庭并没有像他们应该的那样关心全球变暖。即使家庭做出了有利于环境的消费选择，他们的投资决策也主要集中在经济方面。因此，家庭消费清洁产品的倾向不足以对环境产生好处。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.