GTAP Resources: Resource Display
GTAP Resource #3296 |
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"Climate Change and Economic Growth: Impacts and Interactions" by Roson, Roberto and Dominique van der Mensbrugghe Abstract An integrated assessment model (ENVISAGE), including a CGE-based economic module and a climatic module (derived from MERGE), is used to assess the effects of a variety of climate change impacts. These impacts include: sea level rise, variations in crop yield, water availability, human health, tourism, energy demand. Impacts are modeled as exogenous variations in primary resources endowments, or productivity, or changes in the structure of demand. These impacts vary over time, often in a non-linear way. Two scenarios are compared. A baseline growth path, disregarding any climate change effect, and a counterfactual case, accounting for the impacts. The purpose is to assess the overall magnitude of the impacts, their regional distribution, and the contribution of each specific impact to the overall variation of income and welfare. In addition, the model results highlight how trade and factor mobility may affect the economic consequences of climate change. The findings are compared with other available in the literature, in order to understand what drives the possible differences, and how. Preliminary results (e.g., on real GDP) shows that climate change impacts are substantial, especially for developing countries and in the long run. Effects are non linear (sometimes positive in the short-medium run, for some regions) and dominated by changes in agricultural productivity (also affected by water availability). |
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- Domestic policy analysis - Trade and the environment - European Union - Commonwealth of Independent States |
Attachments |
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Public Access 2010 Conference Paper (977.4 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM