Country-specific market impacts of climate change. Mendelsohn, R., Morrison, W., Schlesinger, M., & Andronova, N. Climatic Change, 45(3-4):553–569, 2000. abstract bibtex We develop a new climate-impact model, the Global Impact Model (GIM), which combines future scenarios, detailed spatial simulations by general circulation models (GCMs), sectoral features, climate-response functions, and adaptation to generate country-specific impacts by market sector. Estimates are made for three future scenarios, two GCMs, and two climate-response functions – a reduced-form model and a cross-sectional model. Combining empirically based response functions, sectoral data by country and careful climate forecasts gives analysts a more powerful tool for estimating market impacts. GIM predicts that country specific results vary, implying that research in this area is likely to be policy-relevant.
@article{mendelsohn_country-specific_2000,
title = {Country-specific market impacts of climate change},
volume = {45},
abstract = {We develop a new climate-impact model, the Global Impact Model (GIM), which combines future scenarios, detailed spatial simulations by general circulation models (GCMs), sectoral features, climate-response functions, and adaptation to generate country-specific impacts by market sector. Estimates are made for three future scenarios, two GCMs, and two climate-response functions – a reduced-form model and a cross-sectional model. Combining empirically based response functions, sectoral data by country and careful climate forecasts gives analysts a more powerful tool for estimating market impacts. GIM predicts that country specific results vary, implying that research in this area is likely to be policy-relevant.},
number = {3-4},
journal = {Climatic Change},
author = {Mendelsohn, R. and Morrison, W. and Schlesinger, M.E. and Andronova, N.E.},
year = {2000},
keywords = {CK, Untagged},
pages = {553--569},
}
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