A Stochastic Simulation Approach to Estimating the Economic Impacts of Climate Change in Bangladesh
AbstractClimate change assessments often inadequately address uncertainty when estimating damages. Using a dynamic economy-wide model of Bangladesh, we estimate and decompose damages from historical climate variability and future anthropogenic climate change. Our stochastic simulation approach avoids biases caused by non-linear damage functions and fixed occurrences of extreme events in historical data. Using ten climate projections, we find that future anthropogenic climate change damages until 2050 are, on average, one-fifth of those from historical climate variability. Climate change also alters the temporal distribution of damages and slows BangladeshÃ¢..s long- run shift (adaptation) into dry (winter) season rice production.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 16 (2012)
Issue (Month): 3 (08)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
Other versions of this item:
- Thurlow, James & Yu, Winston, 2011. "A Stochastic Simulation Approach to Estimating the Economic Impacts of Climate Change in Bangladesh," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Calzadilla, Alvaro & Zhu, Tingju & Rehdanz, Katrin & Tol, Richard S.J. & Ringler, Claudia, 2009.
"Economywide impacts of climate change on agriculture in Sub-Saharan Africa:,"
IFPRI discussion papers
873, International Food Policy Research Institute (IFPRI).
- Calzadilla, Alvaro & Zhu, Tingju & Rehdanz, Katrin & Tol, Richard S.J. & Ringler, Claudia, 2013. "Economywide impacts of climate change on agriculture in Sub-Saharan Africa," Ecological Economics, Elsevier, vol. 93(C), pages 150-165.
- Arndt, Channing & Strzepeck, Kenneth & Tarp, Finn & Thurlow, James & Fant, Charles & Wright, Len, 2010. "Adapting to Climate Change An Integrated Biophysical and Economic Assessment for Mozambique," Working Paper Series wp2010-101, World Institute for Development Economic Research (UNU-WIDER).
- Hassan, Rashid, 2010. "The double challenge of adapting to climate change while accelerating development in sub-Saharan Africa," Environment and Development Economics, Cambridge University Press, vol. 15(06), pages 661-685, December.
- Ahmed, Syud Amer & Diffenbaugh, Noah S. & Hertel, Thomas W. & Ramankutty, Navin & Rios, Ana R. & Rowhani, Pedram, 2009.
"Climate Volatility and Poverty Vulnerability in Tanzania,"
2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin
49358, Agricultural and Applied Economics Association.
- Ahmed , Syud Amer & Diffenbaugh, Noah S. & Hertel , Thomas W. & Lobell, David B. & Ramankutty, Navin & Rios, Ana R. & Rowhani, Pedram, 2009. "Climate volatility and poverty vulnerability in Tanzania," Policy Research Working Paper Series 5117, The World Bank.
- del Ninno, Carlo & Dorosh, Paul A. & Smith, Lisa C. & Roy, Dilip K., 2001. "The 1998 floods in Bangladesh: disaster impacts, household coping strategies, and responses," Research reports 122, International Food Policy Research Institute (IFPRI).
- Block, Paul J. & Strzepek, Kenneth & Rosegrant, Mark W. & Diao, Xinshen, 2006.
"Impacts of considering climate variability on investment decisions in Ethiopia:,"
EPTD discussion papers
150, International Food Policy Research Institute (IFPRI).
- Paul J. Block & Kenneth Strzepek & Mark W. Rosegrant & Xinshen Diao, 2008. "Impacts of considering climate variability on investment decisions in Ethiopia," Agricultural Economics, International Association of Agricultural Economists, vol. 39(2), pages 171-181, 09.
- Davis, Peter & Ali, Snigdha, 2014. "Exploring local perceptions of climate change impact and adaptation in rural Bangladesh:," IFPRI discussion papers 1322, International Food Policy Research Institute (IFPRI).
- Arndt, Channing & Tarp, Finn & Thurlow, James, 2012. "The Economic Costs of Climate Change: A Multi-Sector Impact Assessment for Vietnam," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.