G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Climate Change and Extreme Events: An Assessment of Economic Implications
Roberto Roson; Alvaro Calzadilla; Francesco Pauli
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要We use a general equilibrium model of the world economy, and a regional economic growth model, to assess the economic implications of vulnerability from extreme meteorological events, induced by the climate change. In particular, we first consider the impact of climate change on ENSO and NAO oceanic oscillations and, subsequently, the implied variation on regional expected damages. We found that expected damages from extreme events are increasing in the United States, Europe and Russia, and Russia, and decreasing in energy exporting countries. Two economic implications are taken into account: (1) short-term impacts, due to changes in the demand structure, generated by higher/lower precautionary saving, and (2) variations in regional economic growth paths. We found that indirect short-term effects (variations in savings due to higher or lower likelihood of natural disasters) can have an impact on regional economics, whose order of magnitude is comparable to the one of direct damages. On the other hand, we highlight that higher vulnerability from extreme events translates into higher volatility in the economic growth path, and vice versa.
特色分类D58,D91,Q54
关键词Climate Change,Extreme Events,Computable General Equilibrium Models,Precautionary Savings,Economic Growth
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/climate-change-and-extreme-events-an-assessment-of-economic-implications/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117307
推荐引用方式
GB/T 7714
Roberto Roson,Alvaro Calzadilla,Francesco Pauli. Climate Change and Extreme Events: An Assessment of Economic Implications. 2006.
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