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Malthus and Climate Change: Betting on a Stable Population

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Author Info
David Kelly (University of Miami)
Charles Kolstad (University of California, Santa Barbara)

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Abstract

A standard assumption in integrated assessment models of climate change is that population and productivity are growing, but at a decreasing rate. We explore the signifcance of the assumption of population and productivity growth for greenhouse gas abatement. After all, there has been no long run slow down in the growth of productivity over the past few centuries, and the rate of population growth has actually been increasing for the past 19 centuries. Even if either of these growth rates were expected to slow, by how much is subject to great uncertainty. We show computationally that such continued growth greatly increases the severity of climate change. Indeed we nd that climate change is a problem in large part caused by exogenous population and productivity growth. Rapid reductions in growth make climate change a small problem; smaller reductions in growth imply climate change is a very serious problem indeed. Analogously, reductions in the growth rate of population can be effective in controlling climate change.

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File URL: http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1004&context=ucsbecon
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Publisher Info
Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number 9-96R.

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Date of creation: 31 Jul 1999
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Handle: RePEc:cdl:ucsbec:9-96r

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Related research
Keywords: Malthus; Climate Change; Stable Population;

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Cited by:
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  1. L. Wexler, 1996. "Improving Population Assumptions in Greenhouse Emissions Models," Working Papers wp96099, International Institute for Applied Systems Analysis. [Downloadable!]
  2. Geoffrey Heal & Bengt Kriström, 2002. "Uncertainty and Climate Change," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 3-39, June. [Downloadable!] (restricted)
  3. Yusuf Kavuncu & Shawn Knabb, 2001. "An Intergenerational Cost-Benefit Analysis of Climate Change," University of California at Santa Barbara, Economics Working Paper Series wp6-01, Department of Economics, UC Santa Barbara. [Downloadable!]
  4. Smith, Kathryn, 2009. "Saving the World but Saving Too Much? Time Preference and Productivity in Climate Policy Modelling," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47619, Australian Agricultural and Resource Economics Society. [Downloadable!]
  5. Pizer, William, 1997. "Optimal Choice of Policy Instrument and Stringency Under Uncertainty: The Case of Climate Change," Discussion Papers dp-97-17, Resources For the Future. [Downloadable!]
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