Macroeconomic evaluation of climate change model (MECC-Model): The case study of China

Ruiz Estrada, Mario Arturo (2013) Macroeconomic evaluation of climate change model (MECC-Model): The case study of China. In: International Conference “From Hu-Wen to Xi-Li Administration: China’s Leadership Transition and Its Domestic and International Implications”, 12-13 September 2013, University of Malaya.

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Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the impact of climate change on GNP growth. The model is based on five basic indicators – (i) the climate change growth rates (αi); (ii) the national climate change vulnerability rate (ΩT); (iii) the climate change magnitude rate (Π); (iv) the economic desgrowth rate (δ); (v) and the CC-Surface. In addition, we apply the MECC Model to the case of China to evaluate its impact on the Chinese economy.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economics & Administration
Depositing User: Mr. Mohd Samsul Ismail
Date Deposited: 30 Apr 2015 01:13
Last Modified: 27 Aug 2019 07:50

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