ECON7950 Research Methods in Economics
Annotated Bibliography Template
Please use this template to complete your Assessment 1 – Annotated Bibliography.
Part A: Your research question
1. State your research question here (in one sentence).
What challenges will be encountered in the development of environmental
economics?
2. Which field(s) and topic(s) is/are relevant for your research question? List
them below. Feel free to add/delete rows if needed.
(A “field” is a broad area of economics while a “topic” is a specific focus within
the field. For example, “macroeconomics” is a field and “optimal taxation
scheme” is a topic within that field.)
Field Topic
JEL Classification
(Alphabet plus two-
digit)
(i) Renewable Resources
and Conservation
Government Policy
Q28
(ii) Energy Energy and the
Macroeconomy Q43
(iii) Environmental
Economics
Climate
Q54
(iv) Environmental
Economics
Technological
innovation Q55
Part B: Annotated Bibliography
Bibliography Item 1
Full citation
Khanna, M., & Miao, R. (2021). Inducing the adoption of
emerging technologies for sustainable intensification of food and
renewable energy production: insights from applied economics*.
Australian Journal of Agricultural and Resource Economics, 66(1).
https://doi.org/10.1111/1467-8489.12461
JEL
classification
code(s)
Q01，Q55
Summary
(~40—60
words)
Sustainable intensification technologies are new technologies that
can sustainably enhance food and renewable energy production.
They refer to technologies that improve farmland productivity while
reducing environmental externalities. New advances in sustainable
intensification technologies have the potential to change land use
and crop management methods, thereby reducing the adverse
impact of agricultural production on the environment.
Evaluation
and
reflection
(~60—100
words)
This article applies the insights from the economic literature
analyzing technology adoption decisions to discuss the key factors
likely to influence the adoption of these technologies. where the
availability of this technology does not achieve its socially optimal
environmental outcomes, and where policy incentives and farmers'
behavioral preferences will play a key role in ensuring the optimal
combination of adoption of these technologies to achieve
agricultural sustainability. I learned from this that a landscape-
based systems approach, linking microscale decisions to regional-
scale outcomes, can be applied to normative analysis using these
technically-critical factors to achieve sustainable development
goals.
Remarks
Bibliography Item 2
Full citation
Hdidouan, D. A. (2022). A framework to assess the economic impact of
climate change on wind and solar power generation [Imperial College
London]. https://doi.org/10.25560/100139
JEL
classification
code(s)
Q56，Q43，Q48
Summary
(~40—60
words)
This article analyzes the economic impact of climate change on
average annual wind and solar power generation.
The authors demonstrate through an interdisciplinary framework
that combines climate model outputs with technical economic
models of financial indicators. The results show that an assessment
of the future of wind and solar is possible, underscoring that wind
and solar power remain an attractive investment under all climate
change scenarios.
Evaluation
and
reflection
(~60—100
words)
The energy policy mentioned in the article provides a political
framework for socio-economic goals. The actual assessment of
climate change needs to consider technological and economic
factors to provide information for decision-making. This provides a
new field for my research direction - the goal of how climate change
affects national energy decision-making. The author proposes an
interdisciplinary framework that combines climate model outputs
with technical economic models of financial indicators. If I study the
impact of climate change on national energy decision-making, I will
add sampling of climate change uncertainty factors to this model.
Remarks
Bibliography Item 3
Full citation Sharpe, S. (2023). Publishers Weekly. Five Times Faster:
Rethinking the Science, Economics, and Diplomacy of Climate
Change, 270(16).
JEL
classification
code(s)
Q54,Q28
Summary
(~40—60
words)
The goal of "decarbonizing the world economy five times faster
than we currently do" is an idealistic guide to combating the global
warming crisis, first presented by economists at the World
Resources Institute, and an inspiring call for change. While the
landscape is changing around the world, some industries are
already making encouraging progress in addressing their
dependence on fossil fuels. For others, action needs to be stepped
up further if real progress is to be made.
Evaluation
and
reflection
(~60—100
words)
I wanted to look at carbon taxes, an important policy tool in the
decarbonisation process, but my research found that governments
are often more interested in using measures other than taxes to
control carbon emissions. Among countries that have adopted
carbon taxes, the intensity of the tax varies widely, and other
controls exist. The paper argues that governments need to develop
current risk assessments to demonstrate the harm of climate
change to citizens and that carbon taxes will do little to reduce
global warming. That gave me some insight. The center of gravity of
the global energy mix is shifting from fossil fuels to renewables.
Many public institutions and private enterprises are committed to
developing a decarbonized economy. These positive changes will
support the growth of renewable energy, improve energy efficiency
while reducing emissions, and continue to promote the
development of a circular economy. This is exactly the same as the
author's idea.
Remarks
Bibliography Item 4
Full citation James, D. (2022). Eureka Street. Copy of Climate Change Trillions:
ECONOMICS., 32(NO.1).
JEL
classification
code(s)
Q43,Q54
Summary
(~40—60
words)
Many financiers seek to profit from allocations to climate change
projects, with large institutions, pension funds and insurance funds
using environmental, sustainability ratings as part of their
investments, and achieving net zero emissions could unlock
additional investment and jobs. The climate change agenda is not a
government-mediated fight between environmentalists and big
business, it is a game of making money, a game of economic
survival.
Evaluation
and
reflection
(~60—100
words)
To help us understand the importance of the climate change
agenda, the author explains what underpins modern economies -
growth. It details the different factors that led to economic growth in
different eras, such as population growth and technological
progress during World War II. This makes me think that it is entirely
possible to reduce the consumption of scarce resources and
reduce environmental damage while the number of transactions
increases and the economy grows. According to the statistics of the
International Energy Agency, the cost of the zero emission goal is
very staggering, which means that climate change is an essential
factor in economic growth, which is closely related to the course I
have studied, and I look forward to doing further research.
Remarks
Bibliography Item 5
Full citation Liu, T. (2023). Essays in Economic Policy and Climate Change. ProQuest
Dissertations Publishing.
JEL
classification
code(s)
Q58，Q54，G51，G41
Summary
(~40—60
words)
In this chapter, the authors examine how climate change risks affect
sovereign default probabilities, taking into account the role of fiscal
rigidity. When climate change increases the risk of sovereign
defaults, not only may there be a loss of household consumption,
but it also has an important impact on household behavior.
Evaluation
and
reflection
(~60—100
words)
On the basis of existing literature on physical risks, the author also
considers the transitional risks of climate change. He considered
everything very comprehensively and used enough countries and
years as panel data when making programmatic models. With the
intensification of climate change risks, financial institutions minimize
potential losses by reducing loans to borrowers who are vulnerable
to such risks. These borrowers include the national government.
This is consistent with my research direction. But in my subsequent
research, I will come up with a chapter to conduct a specific
analysis of the policies of a country whose specific economic
situation is greatly affected by the environment.
Remarks
References
(Please cite any resources – other than the bibliography items cited above – that
you have consulted to complete this assessment. These may include other items in
the literature, online resources, or artificial intelligence. There is no need to repeat
the citations of the bibliography items listed above.)