The Macroeconomics evaluation of Climate Change Model (MECC-Model): The case Study of China

Mario Ruiz Estrada

MPRA Paper from University Library of Munich, Germany

Abstract: Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the impact of climate change on GNP growth. The model is based on five basic indicators – (i) the climate change growth rates (αi); (ii) the national climate change vulnerability rate (ΩT); (iii) the climate change magnitude rate (Π); (iv) the economic desgrowth rate (δ); (v) and the CC-Surface. In addition, we apply the MECC Model to the case of China to evaluate its impact on the Chinese economy.

Keywords: Climate change; economic desgrowth; China (search for similar items in EconPapers)
JEL-codes: O4 O40 Q54 (search for similar items in EconPapers)
Date: 2013-08-17, Revised 2013-08-18
New Economics Papers: this item is included in nep-ene, nep-env, nep-res and nep-tra
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Related works:
Working Paper: The Macroeconomics evaluation of Climate Change Model (MECC-Model): The case Study of China (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:49158

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