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Economy-Wide Impacts of Climate Change: A Joint Analysis for Sea Level Rise and Tourism

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Author Info
Roberto Roson () (Department of Economics, University Of Venice Cà Foscari)
Francesco Bosello () (Department of Economics, University of Milan)
Andrea Bigano () (Fondazione Eni Enrico Mattei)
Richard S.J. Tol () (Economic and Social Research Institute, Dublin)

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Abstract

While climate change impacts on human life have well defined and different origins, the interactions among the diverse impacts are not yet fully understood. Their final effects, however, especially those involving social-economic responses, are likely to play an important role. This paper is one of the first attempts to disentangle and highlight the role of these interactions. It focuses on the economic assessment of two specific climate change impacts: sea-level rise and changes in tourism flows. By using a Computable General Equilibrium (CGE) model the two impacts categories are first analysed separately and then jointly. Considered separately, in 2050, the forecasted 25 cm. of sea level rise imply a GDP loss ranging from (-) 0.1% in South East Asia to almost no loss in Canada, while redistribution of tourism flows - which in terms of arrivals favours Western Europe, Japan, Korea and Canada and penalises all the other world regions - triggers GDP losses ranging from (-) 0.5% in Small Island States to (-) 0.0004% in Canada. GDP gainers are Australia, New Zealand, Western Europe, Middle East and South Asia.

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Publisher Info
Paper provided by University of Venice "Ca' Foscari", Department of Economics in its series Working Papers with number 2008_06.

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Length: 52
Date of creation: 2008
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Handle: RePEc:ven:wpaper:2008_06

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Related research
Keywords: Climate change; Sea level rise; Tourism; Computable General Equilibrium Models;

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Find related papers by JEL classification:
C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models
D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

References listed on IDEAS
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.:

  1. Witt, Stephen F. & Witt, Christine A., 1995. "Forecasting tourism demand: A review of empirical research," International Journal of Forecasting, Elsevier, vol. 11(3), pages 447-475, September. [Downloadable!] (restricted)
  2. Fankhauser, Samuel & S.J. Tol, Richard, 2005. "On climate change and economic growth," Resource and Energy Economics, Elsevier, vol. 27(1), pages 1-17, January. [Downloadable!] (restricted)
    Other versions:
  3. Roy Darwin & Richard Tol, 2001. "Estimates of the Economic Effects of Sea Level Rise," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(2), pages 113-129, June. [Downloadable!] (restricted)
  4. Burniaux, Jean-Marc & Truong Truong, 2002. "GTAP-E: An Energy-Environmental Version of the GTAP Model," GTAP Technical Papers 923, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University. [Downloadable!]
  5. R K Turner & N Adger & P Doktor, 1995. "Assessing the economic costs of sea level rise," Environment and Planning A, Pion Ltd, London, vol. 27(11), pages 1777-1796, November. [Downloadable!] (restricted)
  6. Richard S.J. Tol & Samuel Fankhauser & Richard G. Richels & Joel B. Smith, 2000. "How Much Damage Will Climate Change Do?," World Economics, World Economics, Economic & Financial Publishing, PO Box 69, Henley-on-Thames, Oxfordshire, United Kingdom, RG9 1GB, vol. 1(4), pages 179-206, October. [Downloadable!]
  7. Alessandra Goria & Gretel Gambarelli, 2004. "Economic Evaluation of Climate Change Impacts and Adaptation in Italy," Working Papers 2004.103, Fondazione Eni Enrico Mattei. [Downloadable!]
  8. Oliver Deke & Kurt Georg Hooss & Christiane Kasten & Gernot Klepper & Katrin Springer, 2001. "Economic Impact of Climate Change: Simulations with a Regionalized Climate-Economy Model," Kiel Working Papers 1065, Kiel Institute for the World Economy. [Downloadable!]
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Cited by:
(explanations, 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.)

  1. Andrea Bigano & Jacqueline M. Hamilton & Richard S.J. Tol, 2008. "Climate Change and Tourism in the Mediterranean," Working Papers FNU-157, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2008. [Downloadable!]
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