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来源类型Working Paper
规范类型报告
DOI10.3386/w24893
来源IDWorking Paper 24893
Climate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap
Laura Bakkensen; Lint Barrage
发表日期2018-08-13
出版年2018
语种英语
摘要Empirical analyses of climatic event impacts on growth, while critical for policy, have been slow to be incorporated into macroeconomic climate-economy models. This paper proposes a joint empirical-structural approach to bridge this gap for tropical cyclones. First, we review competing empirical approaches in a harmonized global dataset and through a theory lens. Second, we estimate cyclone impacts on structural determinants of growth (productivity, depreciation, fatalities) to quantify a stochastic growth model for 40 vulnerable countries and project welfare effects of climate-driven cyclone risk changes. Third, we compute cyclone impacts on the social cost of carbon in the seminal DICE model.
主题Development and Growth ; Growth and Productivity ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w24893
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582567
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GB/T 7714
Laura Bakkensen,Lint Barrage. Climate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap. 2018.
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