The welfare bias from omitting climatic variability in economic studies of global warming

被引:11
作者
Dalton, MG
机构
[1] Department of Economics, Stanford University, Stanford
关键词
D O I
10.1006/jeem.1997.1000
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article analyzes the welfare effects of climatic variability from global warming in a stochastic economic growth model and shows that these may be significant. An empirical analysis indicates that the effects of climate change with variability are greater than the corresponding effects without it. Effects with variability are also shown to be more sensitive to variations in the rate of climate change. (C) 1997 Academic Press.
引用
收藏
页码:221 / 239
页数:19
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