Towards a representative social cost of carbon

Jinchi Dong, Richard Tol and Fangzhi Wang

Papers from arXiv.org

Abstract: The majority of estimates of the social cost of carbon use preference parameters calibrated to data for North America and Europe. We here use representative data for attitudes to time and risk across the world. The social cost of carbon is substantially higher in the global north than in the south. The difference is more pronounced if we count people rather than countries.

Date: 2024-04
New Economics Papers: this item is included in nep-ene and nep-env
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http://arxiv.org/pdf/2404.04989 Latest version (application/pdf)

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Working Paper: Towards a representative social cost of carbon (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2404.04989

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