The Climate Change and Natural Disasters Evaluation in China: Floods

Posted: 7 Jun 2014

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Ibrahim Ndoma

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: June 5, 2014

Abstract

Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the impact of climate change on GNP growth. The model is based on five basic indicators – (i) the climate change growth rates (αi); (ii) the national climate change vulnerability rate (ΩT); (iii) the climate change magnitude rate (Π); (iv) the economic desgrowth rate (δ); (v) and the CC-Surface. In addition, we apply the MECC Model to the case of China natural disasters to evaluate its impact on the Chinese economy.

Keywords: Climate change, economic desgrowth, China

JEL Classification: Q54, O40

Suggested Citation

Ruiz Estrada, Mario Arturo and Ndoma, Ibrahim, The Climate Change and Natural Disasters Evaluation in China: Floods (June 5, 2014). Available at SSRN: https://ssrn.com/abstract=2446756

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Ibrahim Ndoma

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

University of Malaya
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia

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