scholarly journals Climate-change feedback on economic growth: explorations with a dynamic general equilibrium model

2010 ◽  
Vol 15 (5) ◽  
pp. 515-533 ◽  
Author(s):  
FABIO EBOLI ◽  
RAMIRO PARRADO ◽  
ROBERTO ROSON
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Wealth Distribution ◽  
Climate Change Impacts ◽  
Economic Activities ◽  
Production And Consumption ◽  
The World ◽  
Emissions Intensity

ABSTRACTHuman-generated greenhouse gases depend on the level and emissions intensity of economic activities. Therefore, most climate-change studies are based on the models and scenarios of economic growth. Economic growth itself, however, is likely to be affected by climate-change impacts. These impacts affect the economy in multiple and complex ways: changes in productivity, resource endowments, production and consumption patterns. We use a new dynamic, multi-regional computable general equilibrium (CGE) model of the world economy to answer the following questions: Will climate-change impacts significantly affect growth and wealth distribution in the world? Should forecasts of human-induced greenhouse gas emissions be revised, once the climate-change impacts are taken into account? We found that, even though economic growth and emission paths do not change significantly at the global level, relevant differences exist at the regional and sectoral level. In particular, developing countries appear to suffer the most from the climate-change impacts.

scholarly journals A general equilibrium analysis of climate change impacts on tourism

2006 ◽  
Vol 27 (5) ◽  
pp. 913-924 ◽  
Author(s):  
Maria Berrittella ◽  
Andrea Bigano ◽  
Roberto Roson ◽  
Richard S.J. Tol
Keyword(s):  
Climate Change ◽  
General Equilibrium ◽  
Climate Change Impacts ◽  
Equilibrium Analysis ◽  
General Equilibrium Analysis

Measuring the Impact of Tourism on Economic Growth

2007 ◽  
Vol 13 (3) ◽  
pp. 379-388 ◽  
Author(s):  
Stanislav Ivanov ◽  
Craig Webster
Keyword(s):  
Economic Growth ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Gdp Per Capita ◽  
Equilibrium Models ◽  
Computable General Equilibrium Models ◽  
Real Gdp ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
The Impact

This paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. The authors use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and economic growth generated by other industries. The methodology is compared with other existing methodologies; namely, Tourism Satellite Account, Computable General Equilibrium models and econometric modelling of economic growth.

scholarly journals Tourism taxes and negative externalities in tourism in australia: A CGE approach

2013 ◽  
Vol 10 (4) ◽  
pp. 200-214
Author(s):  
Ranjith Ihalanayake
Keyword(s):  
General Equilibrium ◽  
Computable General Equilibrium ◽  
International Tourism ◽  
Cge Model ◽  
Negative Externalities ◽  
Economic Activities ◽  
Long Run ◽  
Tourism Sector ◽  
Australian Economy ◽  
Short Run

In this paper we analyse general equilibrium effects of an increase in a tourism tax which we hypothetically designed to internalise negative externalities of international tourism in Australia. Several simulations were carried out using a computable general equilibrium (CGE) model of the Australian economy. The simulations were carried out assuming two different economic environments, the short-run and the long-run. The simulation results suggest that due to an increase in tourism taxes, the international tourism sector tends to contract while the other sectors expand. Overall, an increase in tourism taxes appears to be welfare improving in the long-run though it generates a marginal contraction in overall economic activities in the short run.

scholarly journals Possible adaptation measures of agriculture sector in the Nile Delta to climate change impacts

2009 ◽  
Vol 3 (1) ◽  
pp. 123-126 ◽  
Author(s):  
S. M. Attaher ◽  
M. A. Medany ◽  
A. F. Abou-Hadid
Keyword(s):  
Climate Change ◽  
Nile Delta ◽  
Climate Change Impacts ◽  
Yield Reduction ◽  
Agricultural System ◽  
Delta Region ◽  
Adaptation Measures ◽  
Agriculture Sector ◽  
The World ◽  
Impacts Of Climate Change

Abstract. The overall agricultural system in the Nile Delta region is considered as one of the highest intensive and complicated agriculture systems in the world. According to the recent studies, the Nile Delta region is one of the highly vulnerable regions in the world to climate change. Sea level rise, soil and water degradation, undiversified crop-pattern, yield reduction, pests and disease severity, and irrigation and drainage management were the main key factors that increased vulnerability of the agriculture sector in that region. The main objective of this study is to conduct a community-based multi-criteria adaptation assessment in the Nile Delta using a preset questionnaire. A list of possible adaptation measures for agriculture sector was evaluated. The results indicated that the Nile Delta growers have strong perceptions to act positively to reduce the impacts of climate change. They reflected the need to improve the their adaptive capacity based on clear scientific message with adequate governmental support to coop with the negative impacts of climate change.

Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990

2010 ◽  
pp. 221-223 ◽  
Author(s):  
Behrooz Shahmoradi ◽  
Enayatallah Najibzadehr
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Strong Correlation ◽  
Direct Relationship ◽  
Causal Relation ◽  
Economic Activities ◽  
Fdi Inflows ◽  
Long Run ◽  
The World

Nowadays, most of the countries in the world mostly concentrate on the flow of FDI, because it has direct relationship with economic development. The present study attempts to make a contribution in this context, by analyzing the existence and nature of causalities, if any, between FDI and economic growth in India since 1990, where growth of economic activities and FDI has been one of the most pronounced. The results indicate that there is a strong correlation between FDI inflows and GDP in India. And also there is unidirectional causal relation between FDI and GDP. Finally as co-integration shows there is no long run relationship between FDI and economic growth in India.

Natural Liabilities

2010 ◽  
Author(s):  
Paul Collier
Keyword(s):  
Climate Change ◽  
Economic Activity ◽  
Nuclear Power ◽  
Economic Activities ◽  
Natural Processes ◽  
Power Stations ◽  
The World ◽  
Staple Foods ◽  
Intense Heat ◽  
Growing Population

Factories produce the goods that we want. They also spew out smoke. The smoky factory is, in fact, the classic image used by economists to illustrate the idea of an externality. The factory sells the goods but does not have to pay for the smoke. We now know that smoke is more damaging than previously appreciated. There is nothing more natural than carbon dioxide; it is one of the basic ingredients of life. Yet carbon has become a natural liability. It accumulates up in the atmosphere, trapping in heat. Of course carbon only becomes a problem when it passes the threshold at which it is excessive. We have passed that threshold. As the extra carbon traps in heat, the world heats up, and as it heats up the climate becomes more volatile. The consequences are wide-ranging, but Africa will be the region most severely affected. Africa is huge and climate change will not affect it uniformly, but it seems likely that the drier parts will become drier still, making staple foods unviable. Increased climate variation, which means droughts, floods, and bouts of intense heat, can wreak havoc with traditional cultivation. Agriculture, which is currently Africa’s main economic activity, will become less productive. A rapidly growing population will be scratching a living from a progressively less amenable natural environment. Carbon brings together the key themes of this book. Although it is natural, extra carbon is now a liability; there is nothing intrinsically benign about nature. It is emitted not just by industry but by a number of natural processes. For example, probably the most natural of all human economic activities is rearing cattle. Pastoralists have been ranging the wilderness for millennia. Unfortunately, in terms of global warming, they are more of a menace than nuclear power stations, which produce energy without emitting carbon. That is because cows fart. Being renewable, carbon shares much of the economics of fish and trees, except that instead of being a renewable natural asset it is a renewable natural liability. The damage it does depends not upon how much is emitted today, but on how much has been emitted cumulatively over recent decades.

It’s a Consumptagenic World

2019 ◽  
pp. 57-112
Author(s):  
Sharon Friel
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Economic System ◽  
Health Equity ◽  
Fossil Fuel ◽  
Food System ◽  
Health Inequity ◽  
Production And Consumption ◽  
Key Drivers ◽  
Climate Change And Health

This chapter identifies a system in which some of the key drivers of health inequity fuel climate change, which in turn fuels further inequity. This process is based on excessive production and consumption; it constitutes a consumptagenic system. The chapter tracks the evolution of the consumptagenic system through the globalization of a market-based and fossil fuel–dependent economic system. It describes the addiction of this system to economic growth as the ultimate goal and to forms of consumption that are highly polluting. The last parts of the chapter focus on the roles of an industrial food system and urbanization as two central cogs in the consumptagenic system that is pushing our planet toward irreparable destabilization. The subsequent impacts, from climate change and health equity, of both of these systems (industrial food system and urbanization) are then described.

scholarly journals COSTS AND BENEFITS OF CLIMATE CHANGE IN SWITZERLAND

2019 ◽  
Vol 10 (02) ◽  
pp. 1950005 ◽  
Author(s):  
FRANK VÖHRINGER ◽  
MARC VIELLE ◽  
PHILIPPE THALMANN ◽  
ANITA FREHNER ◽  
WOLFGANG KNOKE ◽  
...  
Keyword(s):  
Climate Change ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Heat Waves ◽  
Economic Consequences ◽  
Climate Scenarios ◽  
Costs And Benefits ◽  
Impact Studies ◽  
Summer Temperatures ◽  
Data Constraints

Understanding the economic magnitude of climate change (CC) impacts is a prerequisite for developing adequate adaptation strategies. In Switzerland, despite new climate scenarios and impact studies, only few impacts have been monetized. Our objective is to assess costs and opportunities of CC for Switzerland by 2060, while enhancing the assessment methods. Using inputs from bottom-up impact studies, we simulate the economic consequences of climate scenarios in a computable general equilibrium (CGE) framework. We cover health, buildings/infrastructure, energy, water, agriculture, tourism, the spill-overs to other sectors, and international effects. Due to data constraints, significant impacts have not been quantified, e.g., for heat waves and droughts more extreme than the 2060 average climate. For the considered impacts, welfare decreases by 0.37% to 1.37% in 2060 relative to a reference without CC. Higher summer temperatures increase mortality and decrease productivity. Contrariwise, tourism benefits from extended summer seasons. Regarding energy, increased demand for cooling is overcompensated by savings in heating.

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