EconPapers    
Economics at your fingertips  
 

Integrated Assessment of Climate Change Using an OLG Model

Andrew Leach ()

No 04-01, Cahiers de recherche from HEC Montréal, Institut d'économie appliquée

Abstract: This paper presents an economy and climate model of 60 overlapping generations of finite lived agents and competitive firms interacting with a physical environment. Use of energy in production results in the release of carbon to the atmosphere which can affect global climate, and thus productivity. The model is calibrated to global economic activity over the 30 years ended in 1995. The model is solved using an Euler equation approach, and simulated for three climate change scenarios, capturing optimistic, median, and pessimistic predictions on the rate and severity of climate change in response to CO2 emissions.

Keywords: Climate Change; Environmental Taxes; Environmental Regulation. (search for similar items in EconPapers)
JEL-codes: Q21 H23 L51 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2003-02
New Economics Papers: this item is included in nep-dge
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.hec.ca/iea/cahiers/2004/iea0401_ale.pdf (application/pdf)

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:iea:carech:0401

Ordering information: This working paper can be ordered from
Institut d'économie appliquée HEC Montréal 3000, Chemin de la Côte-Sainte-Catherine Montréal, Québec H3T 2A7

The price is Free.

Access Statistics for this paper

More papers in Cahiers de recherche from HEC Montréal, Institut d'économie appliquée Institut d'économie appliquée HEC Montréal 3000, Chemin de la Côte-Sainte-Catherine Montréal, Québec H3T 2A7. Contact information at EDIRC.
Bibliographic data for series maintained by Patricia Power ().

 
Page updated 2020-10-21
Handle: RePEc:iea:carech:0401