Economic impacts of climate change: an empirical stock-flow consistent model for Viet Nam

Etienne Espagne and Thi Thu Ha Nguyen

Chapter 3 in Post-Keynesian Economics for the Future, 2024, pp 25-48 from Edward Elgar Publishing

Abstract: With a long coastal line and abundant geological and natural diversity, Viet Nam is one of the most vulnerable countries to climate change in the Asia-Pacific region. The Vietnamese government is putting climate change and sustainable development at the heart of its development policy. An assessment of climate change impacts is crucial for policy planning at the macroeconomic level. Existing literature has mainly focused on specific sectors or specific regions. Sectoral impacts of climate change only give a partial view of potential impacts if cross-sectoral effects and feedback loops on the aggregate macroeconomic variables are not accounted for. In this chapter, we use an empirical stock-flow consistent model of the Vietnamese economy to analyse the economy-wide impacts of climate change by integrating various damage functions, which represent the loss in agriculture production, energy sector, total factor productivity, labour productivity and human mortality due to temperature change.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035307517.00010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22103_3

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().