GTAP Resources: Resource Display
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"A Structural Transformation Integrated Assessment Model of Climate Change" by Koch, Johannes, Marian Leimbach and Marcos Marcolino Abstract We develop a global scale structural transformation integrated assessment model to study the interaction between the sectoral reallocation of economic activity with climate change and mitigation. We find that in most regions, global coordination in face of climate damages shifts economic activity out of the manufacturing and into the services sector, which is less energy intensive and can more easily substitute CO2 intensive energy. The only exception is the developing region of Sub-Saharan Africa, where an increase in manufacturing, which is necessary to increase investment, can be observed. Compared to an uncoordinated world, coordination comes with welfare gains for developing regions and a decrease in emission intensity in all regions. The role of structural change in the reduction of emission intensity is small however, accounting for 7% of the decline, with sector-level efficiency improvements being the more dominant channel. Under input assumptions of a climate stabilization scenario, we find that coordination leads to lower redistribution of the emission reduction effort between regions, and less sectoral reallocation overall, specifically amongst developed regions. |
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- Model extension/development - Economic development |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  Paper (2.2 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM
