A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia
AbstractThis study links a multi-sectoral regionalized dynamic computable general equilibrium model of Ethiopia with a system of country-specific hydrology, crop, road and hydropower engineering models to simulate the economic impacts of climate change towards 2050. In the absence of externally funded policy-driven adaptation investments Ethiopiaâ..s GDP in the 2040s will be up to 10 percent below the counterfactual no-climate change baseline. Suitably scaled adaptation measures could restore aggregate welfare to baseline levels at a cost that is substantially lower than the welfare losses due to climate change.
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2011/89.
Date of creation: 2011
Date of revision:
CGE analysis; global warming; growth; adaptation costs; development;
Other versions of this item:
- Sherman Robinson & Dirk Willenbockel & Kenneth Strzepek, 2012. "A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia," Review of Development Economics, Wiley Blackwell, vol. 16(3), pages 489-502, 08.
- NEP-AFR-2012-03-28 (Africa)
- NEP-ALL-2012-03-28 (All new papers)
- NEP-CMP-2012-03-28 (Computational Economics)
- NEP-ENV-2012-03-28 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"On climate change and economic growth,"
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- World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Other Operational Studies 12750, The World Bank.
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- Robinson, Sherman & Yunez-Naude, Antonio & Hinojosa-Ojeda, Raul & Lewis, Jeffrey D. & Devarajan, Shantayanan, 1999. "From stylized to applied models:: Building multisector CGE models for policy analysis," The North American Journal of Economics and Finance, Elsevier, vol. 10(1), pages 5-38.
- Block, Paul, 2011. "Power Ahead: Meeting Ethiopiaâ..s Energy Needs under a Changing Climate," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- Elshennawy, Abeer & Robinson, Sherman & Willenbockel, Dirk, 2013. "Climate Change and Economic Growth: An Intertemporal General Equilibrium Analysis for Egypt," MPRA Paper 47703, University Library of Munich, Germany.
- Headey, Derek & Taffesse, Alemayehu Seyoum & You, Liangzhi, 2014. "Diversification and Development in Pastoralist Ethiopia," World Development, Elsevier, vol. 56(C), pages 200-213.
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