The Macroeconomics evaluation of Climate Change Model (MECC-Model): The case Study of China
AbstractGlobal climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the impact of climate change on GNP growth. The model is based on five basic indicators – (i) the climate change growth rates (αi); (ii) the national climate change vulnerability rate (ΩT); (iii) the climate change magnitude rate (Π); (iv) the economic desgrowth rate (δ); (v) and the CC-Surface. In addition, we apply the MECC Model to the case of China to evaluate its impact on the Chinese economy.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 49158.
Date of creation: 17 Aug 2013
Date of revision: 18 Aug 2013
Climate change; economic desgrowth; China;
Find related papers by JEL classification:
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-08-31 (All new papers)
- NEP-ENE-2013-08-31 (Energy Economics)
- NEP-ENV-2013-08-31 (Environmental Economics)
- NEP-RES-2013-08-31 (Resource Economics)
- NEP-TRA-2013-08-31 (Transition Economics)
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