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Climate change, economic growth, and health

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  • Masako Ikefuji
  • Jan R. Magnus
  • Hiroaki Sakamoto

Abstract

This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated assessment model where both the local cooling effect of aerosols as well as the global warming effect of CO2 are endogenous, and investigate how those factors affect the equilibrium path. We show how some of the important aspects of the equilibrium, including emission abatement rates, health costs, and economic growth, depend on the economic and geographical characteristics of each region.

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File URL: http://www.iser.osaka-u.ac.jp/library/dp/2010/DP0785.pdf
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Paper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0785.

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Date of creation: Aug 2010
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Handle: RePEc:dpr:wpaper:0785

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Cited by:
  1. Hiroaki Sakamoto, 2010. "Intergenerationally Equitable Discounting and its Implications for Climate Policy," Discussion papers e-09-004, Graduate School of Economics Project Center, Kyoto University.

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