Comment on “ The Choice of Exchange Rate on Modelling the Impact of Climate
نویسندگان
چکیده
• the use of market exchange rates in the SRES scenarios is inappropriate and PPP exchange rates should always be used • the effect of using market exchange rates is to overstate the income gap between poor and rich countries and therefore the rate of growth required to achieve convergence over any given time period • the result is to inflate the likely level of emissions • these effects are so substantial as to invalidate the SRES exercise.
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