Country-Specific Market Impacts of Climate Change
作者： Robert Mendelsohn , Wendy Morrison , Michael E. Schlesinger , Natalia G. Andronova
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摘要: We develop a new climate-impact model, theGlobal Impact Model (GIM), which combines futurescenarios, detailed spatial simulations by generalcirculation models (GCMs), sectoral features,climate-response functions, and adaptation to generatecountry-specific impacts market sector. Estimatesare made for three future scenarios, two GCMs, andtwo climate-response functions – reduced-form modeland cross-sectional model. Combining empiricallybased response data country,and careful climate forecasts gives analysts morepowerful tool estimating impacts. GIMpredicts that country specific results vary, implyingthat research in this area is likely bepolicy-relevant.
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