Growth impact of climate change and response policies: The advanced climate change long-term (ACCL) model

نویسندگان

چکیده

This paper provides a tool to build climate change scenarios forecast Gross Domestic Product (GDP), modelling both GDP damage due and the impact of mitigating measures. It adopts supply-side, long-term view, with 2060 2100 horizons. is global projection (30 countries/regions), assumptions results at world country/regional level. Five different types energy inputs are taken into account according their CO2 emission factors. Full calibration possible each stage, estimated or literature-based default parameters. Compared other models, it comprehensive modelisation Total Factor Productivity (TFP), which most significant determinant projected path. We present simulation policy scenarios. They illustrate “tragedy horizon” commons”, call for framework that adequately integrates long run perspective, through low-enough discount rate an effective intergenerational solidarity as well international cooperation.

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ژورنال

عنوان ژورنال: Journal of Policy Modeling

سال: 2022

ISSN: ['0161-8938', '1873-8060']

DOI: https://doi.org/10.1016/j.jpolmod.2021.10.001