Model Forecasting the Future Scenarios for Climate Change and Economic Growth for South East Asia

Jamie Sanderson and Sardar M. N. Islam

Chapter 4 in Climate Change and Economic Development, 2007, pp 67-106 from Palgrave Macmillan

Abstract: Abstract The estimates made in Chapter 3 for the aggregate economic impacts of 2×CO2 climate change for SEA will be used towards the main objective of this chapter, which is to implement a dynamic optimisation climate-economic model for the region of SEA. To achieve this objective this chapter begins by reviewing the integrated assessment models of climate change literature. A discussion then follows of the reasons behind the choice of DICE (Nordhaus and Boyer 2000) as the basis for the SEADICE model. The method of optimisation of the model implemented in this chapter is also justified with respect to the choice between GAMS and Excel. The structure of the SEADICE model is then provided, after which some forecasting results of the model are presented.

Keywords: Climate Change; Discount Rate; Total Factor Productivity; Future Scenario; Damage Function (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59012-0_4

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DOI: 10.1057/9780230590120_4

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