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From Coping with Natural Disasters in the Past to a Model of Future Optimal Adaptation


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  • Bucher, Raphael
  • Guelden Sterzl, Jasmin


The aim of this paper is to gain insights from studying adaptation to natural disasters in the past in order to analyze optimal adaptation in Switzerland in the future. Most adaptation measures already undertaken in Switzerland are so-called reactive measures. They may be eective, but not necessarily ecient. We propose that future climate change asks for proactive measures to combat market damages in an ecient way. We come up with modeling adaptation as a cumulative stock in a computable general equilibrium (CGE) model called ADAPT-CH. We nd that with an investment of up to 0.9% of the GDP, a little more than 58% of the exogenously given climate damages in Switzerland can be prevented until 2060.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 34237.

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Date of creation: 31 Mar 2011
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Handle: RePEc:pra:mprapa:34237

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Keywords: Adaptation; Climate Change; Dynamic CGE Model; Switzerland; Natural Disasters;

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  1. Kelly C. de Bruin & Rob B. Dellink & Richard S.J. Tol, 2007. "AD-DICE: An Implementation of Adaptation in the DICE Mode," Working Papers, Fondazione Eni Enrico Mattei 2007.51, Fondazione Eni Enrico Mattei.
  2. Whalley, John & Yeung, Bernard, 1984. "External sector closing rules in applied general equilibrium models," Journal of International Economics, Elsevier, Elsevier, vol. 16(1-2), pages 123-138, February.
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