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GTAP Resource #5228

"Modelling Planned Adaptation for Coastal Zone Protection in a General Equilibrium Framework"
by Parrado, Ramiro, Francesco Bosello, Elisa Delpiazzo, Sally Brown, Jochen Hinkel and Daniel Lincke

Climate change impact on coastal zones, and sea-level rise (SLR) in particular, are utmost concerning since a large fraction of population and economic activities are already located in these areas. Moreover, future projections suggest that in the 21st century damages will increase significantly both because of socioeconomic development bringing more population and capital at risk; and because of increasing SLR trends linked to global warming processes. However, there is a high degree of uncertainty on the magnitude of SLR, thus on damages, and on the adaptation investments needed to lower those impacts.

This paper aims to assess the costs of SLR impacts and adaptation using a Computable General Equilibrium (CGE) model extended with a detailed description of the public sector. The final goal is to account not only for the GDP effects of adaptation, but also for the impacts on public finance. More specifically, we assume that adaptation expenditure is not financed through new taxes but issuing government bonds.

Resource Details (Export Citation) GTAP Keywords
Category: 2017 Conference Paper
Status: Published
By/In: Presented at the 20th Annual Conference on Global Economic Analysis, West Lafayette, IN, USA
Date: 2017
Version: 1
Created: Parrado, R. (4/10/2017)
Updated: Parrado, R. (4/10/2017)
Visits: 1,349
- Climate impacts
- Not Applicable

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