Kiel Working Papers, Kiel Institute for World Economics
No 922:
Modelling the Economic Impact of Global Warming in a General Equilibrium Framework
Christiane Kurtze and Katrin Springer
Abstract: The issue of global warming has become a major topic in
the international environmental debate. Alternative climate policy measures
can be evaluated with the help of a simulation model that integrates
economic and natural science considerations. A fully integrated assessment
of the two-way relationship between the world economy and the climate
system requires the incorporation of the repercussions of climate change on
economic processes into the analysis. This paper seeks to review the
contributions of the economic literature dealing with the modelling of
climate change impacts. We look at the structure, assumptions, and results
of impact studies to illustrate how climate change impacts can be
incorporated into Computable General Equilibrium Models (CGEs). As a point
of reference a generic general equilibrium model is established and
extended to incorporate climate change impacts on the economy.
Keywords: Climate Change, Impact Modelling, Damage Function, Computable General Equilibrium Model, Integrated Assessment Framework; (follow links to similar papers)
JEL-Codes: D58; D8; Q1; Q2; (follow links to similar papers)
83 pages, April 1999
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Downloadable files:
kap922.pdf
Download Statistics
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design Joakim Ekebom