Estimates of the Damage Costs of Climate Change. Part 1: Benchmark Estimates

By Richard S. J. Tol. 2002

793 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Environmental Engineering

View Paper: https://www.semanticscholar.org/paper/cf50ef00f833b0149586fc0134488b7e03680cb2

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Citations in the corpus

Assessing the costs of adaptation to climate change: a review of the UNFCCC and other recent estimates (2009, background): “In a survey of adaptation in impact models, Tol et al. (1998) concluded that many impact categories covered in the economic cost literature were actually adaptation costs, in particular coastal protection, space heating and cooling (an adaptive response to changing temperatures), defensive expenditu”
Infinite uncertainty, forgotten feedbacks, and cost-benefit analysis of climate policy (2007, methodology): “The impacts of not being fully adapted to new climate conditions are always negative (cf. Tol, 2002c).”
Uncertain Outcomes and Climate Change Policy (2012, methodology): “Given the distributions f(∆T ) and g(γ) for ∆T and γ respectively, denote by Mτ (t) and 15The IAMs surveyed by the IPCC include Hope (2006), Mendelsohn et al (1998), Nordhaus and Boyer (2000), and Tol (2002).”
The distributional impact of climate change on rich and poor countries (2006, background): “Subsequent empirical research on climate impact sensitivity has revealed new insights into how temperature affects climate-sensitive economic sectors (Mendelsohn and Neumann, 1999; McCarthy et al., 2001; Mendelsohn, 2001; Tol, 2002).”
Economy-wide impacts of climate change: a joint analysis for sea level rise and tourism (2008, background): “Combined as described in Tol (2002), these data specify, per country, the amount of land lost due to a sea level rise of 1 m.”
The social cost of carbon in U.S. regulatory impact analyses: an introduction and critique (2012, background): “…FUND was originally developed to study international capital transfers in climate policy and is now widely used to study climate impacts (e.g., Tol 2002a, b, 2009; Anthoff et al. 2009), and developed initially by Richard Tol.7 While the models differ in certain respects,8 the Working Group…”
Why economic dynamics matter in assessing climate change damages : illustration on extreme events (2007, background): “…the legitimacy of the very low percent of GDP losses estimated by the published assessments of climate change damages (e.g., Peck and Teisberg, 1992; Nordhaus, 1998; Mendelsohn et al., 2000; Tol, 2002a,b), and the consequently unambitious optimal abatement trajectories suggested by these studies.”
The double trade-off between adaptation and mitigation for sea level rise: an application of FUND (2007, positive): “This argument is often overlooked, although eloquently made by Schelling (1992, 1995), and demonstrated by Tol and Dowlatabadi (2001) and Tol (2002c).”
The Economic Effects of Climate Change (2009, background): “…gases in the near future would begin to have a noticeable affect on climate sometime around mid-century—which is to say, at just about the time that any medium-run economic benefits of climate change begin to decline (Hitz and Smith, 2004; Tol, 2002b; Tol, Fankhauser, Richels, and Smith, 2000).”
Europe's long-term climate target: A critical evaluation (2005, methodology): “For malnutrition , a single model is used (Rosenzweig and Parry, 1994), that happens to be more pessimistic than other models on the impact of climate change on agriculture (Tol, 2002).”