The Economic Costs of Climate Change: A Multi-Sector Impact Assessment for Vietnam
| Autor: | Channing Arndt, James Thurlow, Finn Tarp |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
O21
Opportunity cost Natural resource economics Geography Planning and Development Measures of national income and output lcsh:TJ807-830 lcsh:Renewable energy sources Climate change Management Monitoring Policy and Law multi-sector Economic cost jel:Q ddc:330 Economics Mehr-Sektoren-Modell Economic impact analysis Baseline (configuration management) uncertainty Makroökonomischer Einfluss lcsh:Environmental sciences Q51 lcsh:GE1-350 Klimawandel Q54 Renewable Energy Sustainability and the Environment business.industry lcsh:Environmental effects of industries and plants Global warming Environmental resource management jel:Q0 CGE-Modelling Allgemeines Gleichgewicht jel:Q2 O13 jel:Q3 CGE model jel:Q5 climate change Vietnam lcsh:TD194-195 jel:O13 Damages jel:Q56 business |
| Zdroj: | Sustainability, Vol 7, Iss 4, Pp 4131-4145 (2015) Sustainability Volume 7 Issue 4 Pages 4131-4145 |
| Popis: | Unlike existing studies, we adopt a multi-sectoral approach and consider the full range of climate projections. Biophysical damages are translated into economic costs using a dynamic economywide model. Our results for Vietnam indicate that the negative impacts on agriculture and roads are modest, at least until 2050. Larger costs are caused by rising sea levels and cyclone strikes. Overall, climate change is likely to reduce Vietnam's national income by between one and two percent by 2050 (relative to a historical baseline). Damages double under more extreme projections. Our findings suggest that there are benefits from pre-emptive action, but also opportunity costs from precautionary adaptation investments. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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