TY - JOUR
T1 - Country-specific market impacts of climate change
AU - Mendelsohn, Robert
AU - Morrison, Wendy
AU - Schlesinger, Michael E.
AU - Andronova, Natalia G.
PY - 2000
Y1 - 2000
N2 - 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.
AB - 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.
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U2 - 10.1023/a:1005598717174
DO - 10.1023/a:1005598717174
M3 - Article
AN - SCOPUS:0034076589
SN - 0165-0009
VL - 45
SP - 553
EP - 569
JO - Climatic Change
JF - Climatic Change
IS - 3-4
ER -