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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30338 |
来源ID | Working Paper 30338 |
Climate Change Around the World | |
Per Krusell; Anthony A. Smith Jr. | |
发表日期 | 2022-08-08 |
出版年 | 2022 |
语种 | 英语 |
摘要 | The economic effects of climate change vary across both time and space. To study these effects, this paper builds a global economy-climate model featuring a high degree of geographic resolution. Carbon emissions from the use of energy in production increase the Earth's (average) temperature and local, or regional, temperatures respond more or less sensitively to this increase. Each of the approximately 19,000 regions makes optimal consumption-savings and energy-use decisions as its climate (or regional temperature) and, consequently, its productivity change over time. The relationship between regional temperature and regional productivity has an inverted U-shape, calibrated so that the high-resolution model replicates estimates of aggregate global damages from global warming. At the global level, then, the high-resolution model nests standard one-region economy-climate models, while at the same time it features realistic spatial variation in climate and economic activity. The central result is that the effects of climate change vary dramatically across space---with many regions gaining while others lose---and the global average effects, while negative, are dwarfed quantitatively by the differences across space. A tax on carbon increases average (global) welfare, but there is a large disparity of views on it across regions, with both winners and losers. Climate change also leads to large increases in global inequality, across both regions and countries. These findings vary little as capital markets range from closed (autarky) to open (free capital mobility). |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Regional Economics |
URL | https://www.nber.org/papers/w30338 |
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/588010 |
推荐引用方式 GB/T 7714 | Per Krusell,Anthony A. Smith Jr.. Climate Change Around the World. 2022. |
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 | ||
w30338.pdf(2905KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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