Seminari
6 marzo 2014

A Global Economy-Climate Model with High Regional Resolution


Dove: Venice
Sede:

Fondazione Eni Enrico Mattei
Isola di San Giorgio Maggiore
30124 Venice

***
Video-conference
at FEEM Milan

Come raggiungere: Mappa di Google
Orario dell'evento:


h. 12.00 Seminar

Informazione:

Seminars Office, seminars@feem.it

Speakers:

Tony Smith, Department of Economics, University of Yale, USA

Abstract

This paper develops a dynamic, global, economy-climate (or integrated-assessment) model with high regional resolution.  The model features a very large number of regions and substantial region-specific detail; rich economic interactions between regions (such as capital flows); and uncertainty about weather and climate.  The model is used, one, to measure the heterogeneous effects across different regions of climate change and climate policy and, two, to study the global effects of heterogeneous policy (such as carbon taxes that vary by region).  The model thus expands substantially on the canonical DICE and RICE models, pushing out the research frontier to allow the quantitative evaluation of climate change and climate policy at a level of geographic resolution that those models do not permit.  It also introduces economic mechanisms---such as spatial adaptation, leakage in response to differential climate policy across regions, and (partial) insurance against shocks to weather and climate---upon which these models are silent. The model delivers quantitative evaluations of welfare for each of its 19,000 regions.  Welfare differs by region both because climate change affects regions differently and because climate policy differs across regions. The model can therefore assess quantitatively the distributional effects of climate change and climate policy.

Download file
Scarica il file PDF
Download file
Scarica il file PDF
A Global Economy-Climate Model with High Regional Resolution

FEEM Newsletter

Iscriviti per rimanere aggiornato.

I Suoi dati saranno trattati dalla Fondazione Eni Enrico Mattei. – Titolare del trattamento – per ricevere via posta elettronica la newsletter della Fondazione. Il conferimento dell’indirizzo e-mail è necessario alla fornitura del servizio. La invitiamo a consultare la Privacy Policy per ottenere maggiori informazioni a tutela dei Suoi diritti.

Questo Sito utilizza cookie tecnici e analytics, nonché consente l’invio di cookie di profilazione di terze parti.
Chiudendo questo banner o comunque proseguendo la navigazione sul Sito manifesti il tuo consenso all’uso dei cookie. Per ulteriori informazioni e per esprimere scelte selettive in ordine all’uso dei cookie vedi la   Cookie PolicyOk