The Application of the Macroeconomics Analysis of Climate Changes Model (Macc-Model) in China: Floods (Book Chapter)
The Application of the Macroeconomics Analysis of Climate Changes Model (MACC-Model) in China: Floods. In "Managing Climate Change in the Asia-Pacific Region". In Leal Filho, W. (eds). Springer Verlag, Doordrecht. pp. 33-48.
Posted: 28 Jul 2015
Date Written: July 22, 2015
Global climate change has a potentially large impact on economic growth but measuring such economic impact is subject to a great deal of uncertainty. Hence, this chapter examines the possibility of measuring the economic impact of climate change through the macroeconomics analysis of climate change (MACC) model, a new model to evaluate the impact of climate change on GNP growth. To give light to the model, a test run is carried out on China to evaluate the impact of the country’s natural disasters on its economy.
Keywords: Climate Change, Climate Change Impacts, Natural Disasters, China, Economic Modeling
JEL Classification: C51
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