Territorial Economic Impacts of Climate Anomalies in Brazil
AbstractThis paper evaluates the systemic impact of climate variations in a regional perspective using an interregional CGE model integrated with a physical model estimated for agriculture in order to catch the effects of climate change. The climate anomalies are estimated for 2005 and represent deviations over the historic trend. The results of this paper suggest that the economic costs of climate anomalies can be significantly underestimated if only partial equilibrium effects (direct impact/damage) are accounted for. The results show that a general equilibrium approach can provide a better comprehension about the systemic impact of climate anomalies, suggesting the economic costs are higher than those that would be observed in a partial equilibrium analysis. In addition, intersectoral and interregional linkages as well price effects seem to be important transmission channels in the context of systemic impact of climate anomalies.
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Bibliographic InfoPaper provided by University of São Paulo (FEA-USP) in its series Working Papers, Department of Economics with number 2012_20.
Date of creation: 15 Sep 2012
Date of revision:
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Other versions of this item:
- Alexandre Alves Porsse & Eduardo Amaral Haddad & Paula Carvalho Pereda, 2014. "Territorial Economic Impacts Of Climateanomalies In Brazil," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 196, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Alexandre Porsse & Eduardo Haddad & Paula Pereda, 2013. "Territorial Economic Impacts of Climate Anomalies in Brazil," ERSA conference papers ersa13p705, European Regional Science Association.
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
This paper has been announced in the following NEP Reports:
- NEP-AGR-2012-10-06 (Agricultural Economics)
- NEP-ALL-2012-10-06 (All new papers)
- NEP-CMP-2012-10-06 (Computational Economics)
- NEP-ENE-2012-10-06 (Energy Economics)
- NEP-ENV-2012-10-06 (Environmental Economics)
- NEP-RES-2012-10-06 (Resource Economics)
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