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Assessing the Economic Impacts of Climate Change. An Updated CGE Point of View AgEcon
Bosello, Francesco; Eboli, Fabio; Pierfederici, Roberta.
The present research describes a climate change integrated impact assessment exercise, whose economic evaluation is based on a CGE approach and modeling effort. Input to the CGE model comes from a wide although still partial set of up-to-date bottom-up impact studies. Estimates indicate that a temperature increase of 1.92°C compared to pre-industrial levels in 2050 could lead to global GDP losses of approximately 0.5% compared to a hypothetical scenario where no climate change is assumed to occur. Northern Europe is expected to benefit from the evaluated temperature increase (+0.18%), while Southern and Eastern Europe are expected to suffer from the climate change scenario under analysis (-0.15% and -0.21% respectively). Most vulnerable countries are the...
Tipo: Working Paper Palavras-chave: Computable General Equilibrium Modeling; Impact Assessment; Climate Change; Environmental Economics and Policy; C68; Q51; Q54.
Ano: 2012 URL: http://purl.umn.edu/121700
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