The economic costs of climate change: A multi-sector impact assessment for Vietnam
We adopt a multi-sectoral approach and consider the full range of climate projections. Biophysical damages are translated into economic costs using a dynamic economy-wide model. Our results indicate that the negative impacts on agriculture and roads are modest to 2050. Larger costs are caused by ris...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
MDPI
2015
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/150324 |
| _version_ | 1855541817301270528 |
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| author | Arndt, Channing Tarp, Finn Thurlow, James |
| author_browse | Arndt, Channing Tarp, Finn Thurlow, James |
| author_facet | Arndt, Channing Tarp, Finn Thurlow, James |
| author_sort | Arndt, Channing |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We adopt a multi-sectoral approach and consider the full range of climate projections. Biophysical damages are translated into economic costs using a dynamic economy-wide model. Our results indicate that the negative impacts on agriculture and roads are modest to 2050. Larger costs are caused by rising sea levels and cyclone strikes. Overall, climate change is likely to reduce 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 net benefits from selected pre-emptive actions though careful consideration of opportunity costs is required. |
| format | Journal Article |
| id | CGSpace150324 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | MDPI |
| publisherStr | MDPI |
| record_format | dspace |
| spelling | CGSpace1503242025-02-19T13:42:56Z The economic costs of climate change: A multi-sector impact assessment for Vietnam Arndt, Channing Tarp, Finn Thurlow, James computable general equilibrium models climate change We adopt a multi-sectoral approach and consider the full range of climate projections. Biophysical damages are translated into economic costs using a dynamic economy-wide model. Our results indicate that the negative impacts on agriculture and roads are modest to 2050. Larger costs are caused by rising sea levels and cyclone strikes. Overall, climate change is likely to reduce 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 net benefits from selected pre-emptive actions though careful consideration of opportunity costs is required. 2015-12-21 2024-08-01T02:51:26Z 2024-08-01T02:51:26Z Journal Article https://hdl.handle.net/10568/150324 en Open Access MDPI Arndt, Channing; Tarp, Finn; and Thurlow, James. 2015. The economic costs of climate change: A multi-sector impact assessment for Vietnam. Sustainability 7(4):4131 - 4145. https://doi.org/10.3390/su7044131 |
| spellingShingle | computable general equilibrium models climate change Arndt, Channing Tarp, Finn Thurlow, James The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title | The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title_full | The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title_fullStr | The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title_full_unstemmed | The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title_short | The economic costs of climate change: A multi-sector impact assessment for Vietnam |
| title_sort | economic costs of climate change a multi sector impact assessment for vietnam |
| topic | computable general equilibrium models climate change |
| url | https://hdl.handle.net/10568/150324 |
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