EconPapers    
Economics at your fingertips  
 

Economic Modelling of Climate Impacts: a Partial Review

Juan-Carlos Ciscar, Bert Saveyn and D. Van Regemorter

Review of Business and Economic Literature, 2012, vol. 57, issue 2, 144-157

Abstract: This paper reviews the economic modelling of climate change impacts, using integrated assessment models (IAMs). IAMs consider the most relevant interactions and feedback mechanisms of the human-climate system and integrate various relevant academic disciplines, ranging from climate modeling to economics. Our paper distinguishes two approaches: First, the reduced-form approach considers the direct link between climate change and economic impacts. That approach is highly aggregated or top-down as it does not consider in detail the cause-effect mechanisms between climate change and specific impacts. Second, the bottom-up approach models the specific framework and channels between climate change and its impacts on a specific area. Finally, the paper discusses ways to further improve the bottom-up methodology.

Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:sen:rebelj:v:57:i:2:y:2012:p:144-157

Access Statistics for this article

Review of Business and Economic Literature is currently edited by Hans Kluwer

More articles in Review of Business and Economic Literature from Intersentia
Bibliographic data for series maintained by Petra Van den Bempt ( this e-mail address is bad, please contact ).

 
Page updated 2022-09-21
Handle: RePEc:sen:rebelj:v:57:i:2:y:2012:p:144-157