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Climate Change and Economic Growth: Impacts and Interactions

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Author Info

  • Dominique van der Mensbrugghe

    () (DECPG, The World Bank, Washington)

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    Abstract

    An integrated assessment model (ENVISAGE), including a CGE-based economic module and a climate module, is used to assess the effects of a variety of economic impacts induced by climate change. These impacts include: sea level rise, variations in crop yields, water availability, human health, tourism, energy demand. Two scenarios are compared: a baseline growth path, disregarding any climate change effect, and a counterfactual case, accounting for the impacts. The model assesses the overall magnitude of the impacts, their regional distribution, and the contribution of each specific impact to the overall variation of income and welfare. Results (e.g., on real GDP) show that climate change impacts are substantial, especially for developing countries and in the long run.

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    File URL: http://www.unive.it/media/allegato/DIP/Economia/Working_papers/Working_papers_2010/WP_DSE_roson_Mensbrugghe_07_10.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Venice "Ca' Foscari" in its series Working Papers with number 2010_07.

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    Length: 17
    Date of creation: 2010
    Date of revision:
    Handle: RePEc:ven:wpaper:2010_07

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    Related research

    Keywords: Climate Change; Integrated Assessment; Dynamic General Equilibrium.;

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    Cited by:
    1. Valenzuela, Ernesto & Anderson, Kym, 2011. "Climate Change and Food Security to 2050: A Global Economy-wide Perspective," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100531, Australian Agricultural and Resource Economics Society.

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