Shutting Down the Thermohaline Circulation

David Anthoff (), Francisco Estrada and Richard Tol

American Economic Review, 2016, vol. 106, issue 5, 602-06

Abstract: Past climatic changes were caused by a slowdown of the thermohaline circulation. We use results from experiments with three climate models to show that the expected cooling due to a slowdown of the thermohaline circulation is less in magnitude than the expected warming due to increasing greenhouse gas concentrations. The integrated assessment model FUND and a meta-analysis of climate impacts are used to evaluate the change in human welfare. We find modest but by and large positive effects on human welfare since a slowdown of the thermohaline circulation implies decelerated warming.

JEL-codes: Q54 (search for similar items in EconPapers)
Date: 2016
Note: DOI: 10.1257/aer.p20161102
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://www.aeaweb.org/articles?id=10.1257/aer.p20161102 (application/pdf)
https://www.aeaweb.org/aer/app/10605/P2016_1102_app.pdf (application/pdf)
https://www.aeaweb.org/aer/ds/10605/P2016_1102_ds.zip (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: Shutting Down the Thermohaline Circulation (2016)
Working Paper: Shutting down the thermohaline circulation (2015)
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:aea:aecrev:v:106:y:2016:i:5:p:602-06

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().