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Schelling’s Conjecture on Climate and Development: A Test. ESRI WP390. June 2011

Anthoff, David and Tol, Richard S.J. (2011) Schelling’s Conjecture on Climate and Development: A Test. ESRI WP390. June 2011. [Working Paper]

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    We use the integrated assessment model FUND to compute the income elasticities of climate change impacts for different world regions over time. We find limited support for Schelling’s Conjecture that development might be the best defense against climate change impacts, and for the idea that the impacts from climate change might be akin to a “luxury good”. For very poor regions, an increase in income in the short run is an effective tool to reduce impacts from climate change by making those societies less vulnerable, in particular to infectious diseases. While net climate impacts appear to be akin to a luxury good for some countries at specific times, that effect disappears in the long run as impacts from agriculture make up a large share of total impacts.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > environmental policy (including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 19 Jun 2017 14:03
    Number of Pages: 18
    Last Modified: 24 Sep 2018 13:35

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