ECONOMY-WIDE ESTIMATES OF THE IMPLICATIONS OF CLIMATE CHANGE: SEA LEVEL RISE

Francesco Bosello, Roberto Roson and Richard Tol

No FNU-38, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies that rely most on agriculture are hit hardest. Although energy is substituted for land, overall energy consumption falls with the shrinking economy, hurting energy exporters. With full coastal protection, GDP increases, particularly in regions that do a lot of dike building, but utility falls, least in regions that build a lot of dikes and export energy. Energy prices rise and energy consumption falls. The costs of full protection exceed the costs of losing land.

Keywords: Impacts of climate change; sea level rise; computable general equilibrium (search for similar items in EconPapers)
JEL-codes: C68 D58 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2004-01, Revised 2004-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Published, Environmental and Resource Economics, 37, 549-571

Downloads: (external link)
http://www.fnu.zmaw.de/fileadmin/fnu-files/publica ... apers/sealevelwp.pdf First version, 2004 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.fnu.zmaw.de:80 (No such host is known. )

Related works:
Journal Article: Economy-wide Estimates of the Implications of Climate Change: Sea Level Rise (2007)
Working Paper: Economy-Wide Estimates of the Implications of Climate Change: Sea Level Rise (2004)
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:sgc:wpaper:38

Access Statistics for this paper

More papers in Working Papers from Research unit Sustainability and Global Change, Hamburg University Contact information at EDIRC.
Bibliographic data for series maintained by Uwe Schneider ( this e-mail address is bad, please contact ).