Sharing the burden: quantifying climate change spillovers in the European Union under the Paris Agreement

نویسندگان

چکیده

Climate change has emerged as a growing threat to the European economy, whose economic losses are relevant for global growth. Rising temperatures and worsening extreme events expected affect climate-vulnerable sectors. Due integration within Union (EU), these impacts will likely have spillover effects feedback loops from other regions. This study uses spatial econometrics account interdependencies between subnational EU regions estimate future of changes in temperature on sectoral labour productivity under Paris Agreement. The confirms presence climate change, finds that observations at economy-wide level non-linear, concave single-peaked relationship do not always hold true level.

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ژورنال

عنوان ژورنال: Spatial Economic Analysis

سال: 2021

ISSN: ['1742-1780', '1742-1772']

DOI: https://doi.org/10.1080/17421772.2021.1904150