A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia
AbstractThis study links a multi-sectoral regionalized dynamic computable general equilibrium model of Ethiopia with a system of country-specific hydrology, crop, road and hydropower engineering models to simulate the economic impacts of climate change towards 2050. In the absence of externally funded policy-driven adaptation investments EthiopiaÃ¢..s GDP in the 2040s will be up to 10 percent below the counterfactual no-climate change baseline. Suitably scaled adaptation measures could restore aggregate welfare to baseline levels at a cost that is substantially lower than the welfare losses due to climate change.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 16 (2012)
Issue (Month): 3 (08)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
Other versions of this item:
- Robinson, Sherman & Willenbockel, Dirk, 2011. "A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia," 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.:
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FNU-10, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2002.
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- World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Other Operational Studies 12750, The World Bank.
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- Headey, Derek & Taffesse, Alemayehu Seyoum & You, Liangzhi, 2014. "Diversification and Development in Pastoralist Ethiopia," World Development, Elsevier, vol. 56(C), pages 200-213.
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47703, University Library of Munich, Germany.
- Dirk Willenbockel & Abeer Elshennawy & Sherman Robinson, 2013. "Climate Change and Economic Growth: An Intertemporal General Equilibrium Analysis for Egypt," EcoMod2013 5325, EcoMod.
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