Climate Change, Growth and Infrastructure Investment: The Case of Mozambique

13 Pages Posted: 14 Jul 2012

See all articles by Channing Arndt

Channing Arndt

United Nations - World Institute for Development Economics Research (UNU/WIDER)

Paul Chinowsky

affiliation not provided to SSRN

Kenneth Strzepek

University of Colorado at Boulder; Harvard University - Harvard Kennedy School (HKS)

James Thurlow

UNU-WIDER; International Food Policy Research Institute (IFPRI)

Date Written: August 2012

Abstract

Climate change may damage road infrastructure, to the potential detriment of economic growth, particularly in developing countries. To quantitatively assess climate change's consequences, we incorporate a climate–infrastructure model based on stressor–response relationships directly into a recursive dynamic economy‐wide model to estimate and compare road damages with other climate change impact channels. We apply this framework to Mozambique and simulate four future climate scenarios. Our results indicate that climate change through 2050 is likely to place a drag on economic growth and development prospects. The economic implications of climate change appear to become more pronounced from about 2030. Nevertheless, the implications are not so strong as to drastically diminish development prospects. Our findings suggest that impact assessments should include damages to long‐run assets, such as road infrastructure, imposed by climate change.

Suggested Citation

Arndt, Channing and Chinowsky, Paul and Strzepek, Kenneth and Thurlow, James, Climate Change, Growth and Infrastructure Investment: The Case of Mozambique (August 2012). Review of Development Economics, Vol. 16, Issue 3, pp. 463-475, 2012. Available at SSRN: https://ssrn.com/abstract=2105889 or http://dx.doi.org/10.1111/j.1467-9361.2012.00674.x

Channing Arndt (Contact Author)

United Nations - World Institute for Development Economics Research (UNU/WIDER) ( email )

Katajanokanlaituri 6 B
Helsinki, FI‐00160
Finland

Paul Chinowsky

affiliation not provided to SSRN

No Address Available

Kenneth Strzepek

University of Colorado at Boulder ( email )

1070 Edinboro Drive
Boulder, CO 80309
United States

Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States

James Thurlow

UNU-WIDER ( email )

Katajanokanlaituri 6B
Helsinki, FIN-00160
Finland

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
1
Abstract Views
289
PlumX Metrics