Economic costs of extratropical storms under climate change: an application of FUND
AbstractExtratropical cyclones have attracted some attention in climate policy circles as a possible significant damage factor of climate change. This study conducts an assessment of economic impacts of increased storm activities under climate change with the integrated assessment model FUND 3.5. In the base case, the direct economic damage of enhanced storms due to climate change amounts to US$2.8 billion globally (approximately 38% of the total economic loss of storms at present) at the year 2100, while its ratio to the world GDP is 0.0009%. The paper also shows various sensitivity runs exhibiting up to 3 times the level of damage relative to the base run.
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 Taylor and Francis Journals in its journal Journal of Environmental Planning and Management.
Volume (Year): 53 (2010)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.informaworld.com/smpp/title~content=t713429786~db=all
Other versions of this item:
- Narita, Daiju & Tol, Richard S. J. & Anthoff, David, 2009. "Economic Costs of Extratropical Storms Under Climate Change: An Application of FUND," Papers WP274, Economic and Social Research Institute (ESRI).
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.:
- Frances Ruane & Xiaoheng Zhang, 2007. "Location Choices of the Pharmaceutical Industry in Europe after 1992," The Institute for International Integration Studies Discussion Paper Series iiisdp220, IIIS.
- Seán Lyons & Karen Mayor & Richard S.J. Tol, 2008. "Environmental Accounts for the Republic of Ireland: 1990-2005," Papers WP223, Economic and Social Research Institute (ESRI).
- Rezai, Armon & Taylor, Lance & Mechler, Reinhard, 2013.
"Ecological macroeconomics: An application to climate change,"
Elsevier, vol. 85(C), pages 69-76.
- Armon Rezai & Lance Taylor & Reinhard Mechler, 2012. "Ecological Macroeconomics: An application to climate change," SRE-Disc sre-disc-2012_06, Institute for the Environment and Regional Development, Department of Socioeconomics, Vienna University of Economics and Business.
- Marten, Alex L., 2011.
"Transient temperature response modeling in IAMs: the effects of over simplification on the SCC,"
Economics Discussion Papers
2011-11, Kiel Institute for the World Economy.
- Marten, Alex L., 2011. "Transient temperature response modeling in IAMs: The effects of over simplification on the SCC," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 5(18), pages 1-42.
- Marten, Alex L. & Newbold, Stephen C., 2012.
"Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide,"
Elsevier, vol. 51(C), pages 957-972.
- Alex L. Marten & Stephen C. Newbold, 2011. "Estimating the Social Cost of Non-CO2 GHG Emissions: Methane and Nitrous Oxide," NCEE Working Paper Series 201101, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Feb 2011.
- Kousky, Carolyn, 2012. "Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options," Discussion Papers dp-12-28, Resources For the Future.
- Elizabeth Kopits & Alex L. Marten & Ann Wolverton, 2013. "Moving Forward with Incorporating "Catastrophic" Climate Change into Policy Analysis," NCEE Working Paper Series 201301, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jan 2013.
- Tol, Richard S. J., 2008.
"The Economic Impact of Climate Change,"
WP255, Economic and Social Research Institute (ESRI).
- Anthoff, David & Tol, Richard S. J. & Yohe, Gary W., 2009.
"Discounting for Climate Change,"
Economics Discussion Papers
2009-15, Kiel Institute for the World Economy.
- Yohe, Gary W. & Tol, Richard S. J. & Anthoff, David, 2009. "Discounting for Climate Change," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 3(24), pages 1-22.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
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.