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An impact analysis of climate change on the forestry industry in Quebec. A dynamic CGE model

Dorothee Boccanfuso, Luc Savard, Jonathan Goyette, Véronique Gosselin () and Clovis Tanekou Mangoua ()
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Véronique Gosselin: GREDI, Université de Sherbrooke
Clovis Tanekou Mangoua: GREDI, Université de Sherbrooke

Cahiers de recherche from Departement d'économique de l'École de gestion à l'Université de Sherbrooke

Abstract: Quebec’s forests represent 20% of the Canadian forest and 2% of world forests. They play a major role for habitat preservation, supplying goods and services to the population. Climate change will have an impact on the forest through inter alia increased droughts, forest fires, warmer weather and infestations. In this paper, we analyze the economic impact of CC on the forest industry in Quebec. We perform an economic impact analysis over a 40 year time span with a recursive dynamic CGE model. We find that the climate change effects will be relatively weak on macroeconomic variables as the agents adjust over time and factors move to other sectors but the sectoral effects on the forest industry are relatively important. Length: 40 pages

Keywords: Dynamic computable general equilibrium model; forestry; climate change; Quebec. (search for similar items in EconPapers)
JEL-codes: C68 D58 O13 Q54 Q56 (search for similar items in EconPapers)
Date: 2015-05
New Economics Papers: this item is included in nep-agr, nep-cmp and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:shr:wpaper:15-05

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