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Economy-Wide Estimates of the Implications of Climate Change: Human HealthFrancesco BoselloFondazione Eni Enrico Mattei (FEEM); University of Milan - Department of Economics, Business and Statistics; Euro Mediterranean Centre for Climate Change (CMCC) Roberto RosonCa Foscari University of Venice - Department of Economics; Bocconi University - IEFE Centre for Research on Energy and Environmental Economics and Policy; Euro Mediterranean Centre for Climate Change (CMCC) Richard S. J. TolVU University Amsterdam - Institute for Environmental Studies (IVM); Carnegie Mellon University - Center for Integrated Study of the Human Dimensions of Global Change; University of Hamburg - Centre for Marine and Climate Research (ZMK); Princeton University July 2005 FEEM Working Paper No. 97.2005 Abstract: We study the economic impacts of climate-change-induced change in human health, viz. cardiovascular and respiratory disorders, diarrhoea, malaria, dengue fever and schistosomiasis. Changes in morbidity and mortality are interpreted as changes in labour productivity and demand for health care, and used to shock the GTAP-E computable general equilibrium model, calibrated for the year 2050. GDP, welfare and investment fall (rise) in regions with net negative (positive) health impacts. Prices, production, and terms of trade show a mixed pattern. Direct cost estimates, common in climate change impact studies, underestimate the true welfare losses.
Number of Pages in PDF File: 30 Keywords: Impacts of climate change, human health, computable general equilibrium JEL Classification: C68, D58, Q25 working papers seriesDate posted: August 9, 2005Suggested CitationContact Information
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