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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28466 |
来源ID | Working Paper 28466 |
The Economic Geography of Global Warming | |
José-Luis Cruz; Esteban Rossi-Hansberg | |
发表日期 | 2021-02-15 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Global warming is a worldwide and protracted phenomenon with heterogeneous local economic effects. In order to evaluate the aggregate and local economic consequences of higher temperatures, we propose a dynamic economic assessment model of the world economy with high spatial resolution. Our model features a number of mechanisms through which individuals can adapt to global warming, including costly trade and migration, and local technological innovations and natality rates. We quantify the model at a 1° × 1° resolution and estimate damage functions that determine the impact of temperature changes on a region’s fundamental productivity and amenities depending on local temperatures. Our baseline results show welfare losses as large as 15% in parts of Africa and Latin America but also high heterogeneity across locations, with northern regions in Siberia, Canada, and Alaska experiencing gains. Our results indicate large uncertainty about average welfare effects and point to migration and, to a lesser extent, innovation as important adaptation mechanisms. We use the model to assess the impact of carbon taxes, abatement technologies, and clean energy subsidies. Carbon taxes delay consumption of fossil fuels and help flatten the temperature curve but are much more effective when an abatement technology is forthcoming. |
主题 | International Economics ; Globalization and International Relations ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w28466 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586139 |
推荐引用方式 GB/T 7714 | José-Luis Cruz,Esteban Rossi-Hansberg. The Economic Geography of Global Warming. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28466.pdf(1500KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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