Climate change, economic growth, and health
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated assessment model where both the local cooling effect of aerosols as well as the global warming effect of CO2 are endogenous, and investigate how those factors affect the equilibrium path. We show how some of the important aspects of the equilibrium, including emission abatement rates, health costs, and economic growth, depend on the economic and geographical characteristics of each region.
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- Aunan, Kristin & Berntsen, Terje & O'Connor, David & Persson, Therese Hindman & Vennemo, Haakon & Zhai, Fan, 2007. "Benefits and costs to China of a climate policy," Environment and Development Economics, Cambridge University Press, vol. 12(03), pages 471-497, June.
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- Pittel, Karen & Rübbelke, Dirk T. G., 2008.
"Climate policy and ancillary benefits: A survey and integration into the modelling of international negotiations on climate change,"
Munich Reprints in Economics
19350, University of Munich, Department of Economics.
- Pittel, Karen & Rübbelke, Dirk T.G., 2008. "Climate policy and ancillary benefits: A survey and integration into the modelling of international negotiations on climate change," Ecological Economics, Elsevier, vol. 68(1-2), pages 210-220, December.
- Pittel, Karen & Rübbelke, Dirk T. G., 2007. "Climate Policy and Ancillary Benefits: A Survey and Integration into the Modelling of International Negotiations on Climate Change," ZEW Discussion Papers 07-064, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Nordhaus, William D & Yang, Zili, 1996. "A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies," American Economic Review, American Economic Association, vol. 86(4), pages 741-65, September.
- Magnus, Jan R. & Melenberg, Bertrand & Muris, Chris, 2011. "Global Warming and Local Dimming: The Statistical Evidence," Journal of the American Statistical Association, American Statistical Association, vol. 106(494), pages 452-464.
- Olivier Bahn & Andrew Leach, 2008. "The secondary benefits of climate change mitigation: an overlapping generations approach," Computational Management Science, Springer, vol. 5(3), pages 233-257, May.
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