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

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)

Donghyun Park

Nanyang Technological University (NTU); Asian Development Bank

Date Written: July 22, 2015

Abstract

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

Suggested Citation

Ruiz Estrada, Mario Arturo and Ndoma, Ibrahim and Park, Donghyun, The Application of the Macroeconomics Analysis of Climate Changes Model (Macc-Model) in China: Floods (Book Chapter) (July 22, 2015). 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. . Available at SSRN: https://ssrn.com/abstract=2634266

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

Donghyun Park

Nanyang Technological University (NTU) ( email )

S3 B2-A28 Nanyang Avenue
Singapore, 639798
Singapore

Asian Development Bank

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

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