Climate change and economic growth: An intertemporal general equilibrium analysis for Egypt

Abeer Elshennawy, Sherman Robinson and Dirk Willenbockel

Economic Modelling, 2016, vol. 52, issue PB, 681-689

Abstract: This study advances the state of the art in country-level computable general equilibrium analysis for climate change impact and adaptation analysis by incorporating forward-looking expectations. The analytic framework is used to explore the long-run growth prospects for Egypt in a changing climate. Based on a review of existing estimates of climate change impacts on agricultural productivity, labour productivity and the potential losses due to sea-level rise for the country, the model is used to simulate the effects of climate change on aggregate consumption, investment and income up to 2050. Available cost estimates for adaptation investments are employed to explore adaptation strategies.

Keywords: Climate change adaptation; Computable general equilibrium analysis; Scenario analysis; Dynamic CGE; Forward-looking models; Intertemporal optimisation (search for similar items in EconPapers)
JEL-codes: C68 D58 D90 E17 O44 Q54 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Related works:
Working Paper: Climate Change and Economic Growth: An Intertemporal General Equilibrium Analysis for Egypt (2013)
Working Paper: Climate Change and Economic Growth: An Intertemporal General Equilibrium Analysis for Egypt (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:52:y:2016:i:pb:p:681-689

DOI: 10.1016/j.econmod.2015.10.008

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