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Climate change impacts in computable general equilibrium models: An overview

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  • Döll, Sebastian

Abstract

This paper gives an overview about existing Computable General Equilibrium (CGE) models dealing with climate impacts focusing on damage calculations and adaptation modelling. Empirical CGE models are used in a broad field of policy analysis. With respect to climate change applications have been focused on the calculation of climate damages and the mitigation of these damages. Facing the non-preventable damages from climate change that occur already in the next decades adaptation is becoming a more important issue in the actual discussion. To our knowledge a model with explicit adaptation at the local level that includes socio-economic effects is missing. Such a regional model can analyse welfare effects where adaptation is implemented and therefore is important for political decision making. --

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Bibliographic Info

Paper provided by Hamburg Institute of International Economics (HWWI) in its series HWWI Research Papers with number 1-26.

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Date of creation: 2009
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Handle: RePEc:zbw:hwwirp:1-26

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Keywords: Computable General Equilibrium; GlobalWarming; Adaptation;

References

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  1. Kelly de Bruin & Rob Dellink & Shardul Agrawala, 2009. "Economic Aspects of Adaptation to Climate Change: Integrated Assessment Modelling of Adaptation Costs and Benefits," OECD Environment Working Papers 6, OECD Publishing.
  2. Plambeck, Erica L. & Hope, Chris & Anderson, John, 1997. "The model: Integrating the science and economics of global warming," Energy Economics, Elsevier, Elsevier, vol. 19(1), pages 77-101, March.
  3. Kelly C. de Bruin & Rob B. Dellink & Richard S.J. Tol, 2007. "AD-DICE: An Implementation of Adaptation in the DICE Mode," Working Papers, Fondazione Eni Enrico Mattei 2007.51, Fondazione Eni Enrico Mattei.
  4. Manne, Alan & Mendelsohn, Robert & Richels, Richard, 1995. "MERGE : A model for evaluating regional and global effects of GHG reduction policies," Energy Policy, Elsevier, Elsevier, vol. 23(1), pages 17-34, January.
  5. Hope, Chris & Anderson, John & Wenman, Paul, 1993. "Policy analysis of the greenhouse effect : An application of the PAGE model," Energy Policy, Elsevier, Elsevier, vol. 21(3), pages 327-338, March.
  6. Kowalewski, Julia, 2009. "Methodology of the input-output analysis," HWWI Research Papers 1-25, Hamburg Institute of International Economics (HWWI).
  7. Shoven, John B & Whalley, John, 1984. "Applied General-Equilibrium Models of Taxation and International Trade: An Introduction and Survey," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 22(3), pages 1007-51, September.
  8. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 101(407), pages 920-37, July.
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Cited by:
  1. Boll, Christina, 2010. "Mind the gap!: The amount of German mothers' care bill and its game theoretical issues," HWWI Research Papers 1-29, Hamburg Institute of International Economics (HWWI).
  2. Kowalewski, Julia, 2009. "Methodology of the input-output analysis," HWWI Research Papers 1-25, Hamburg Institute of International Economics (HWWI).

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