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The Economic Impact of Climate Change in the 20th Century


  • Tol, Richard S. J.


The national version of FUND3.6 is used to infrapolate the impacts of climate change to the 20th century. Carbon dioxide fertilization of crops and reduced energy demand for heating are the main positive impacts. Climate change had a negative effect on water resources and, in most years, human health. Most countries benefitted from climate change until 1980, but after that the trend is negative for poor countries and positive for rich countries. The global average impact was positive.

Suggested Citation

  • Tol, Richard S. J., 2011. "The Economic Impact of Climate Change in the 20th Century," Papers WP376, Economic and Social Research Institute (ESRI).
  • Handle: RePEc:esr:wpaper:wp376

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    References listed on IDEAS

    1. Moral-Carcedo, Julian & Vicens-Otero, Jose, 2005. "Modelling the non-linear response of Spanish electricity demand to temperature variations," Energy Economics, Elsevier, vol. 27(3), pages 477-494, May.
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    1. Climate change has been good - so far - but its getting worse
      by (Economist) in Globalisation and the Environment on 2011-05-09 13:53:00


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