Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/66122
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dc.contributor.authorSchenker, Oliveren_US
dc.contributor.authorStephan, Gunteren_US
dc.date.accessioned2012-11-07en_US
dc.date.accessioned2012-11-08T16:16:51Z-
dc.date.available2012-11-08T16:16:51Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/66122-
dc.description.abstractThis paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for funding adaptation within the framework of a dynamic computable gen-eral equilibrium model, where impacts of climate change depend on changes in precipitation and temperature. If all regions, even the least developed ones, own the necessary resources for adapting optimally to climate change and variability, by mid-century less than 10% of the regions' GDP would be invested for avoiding almost 40% of climate change damages. This has measurable effects on the regions' competitiveness as well as on the terms-of-trade. If, however, the developing world does not own sufficient resources for adapting optimally to climate change, as is to expected, funding of adaptation can make sense from an economic perspective. In particular the Hicks-Kaldor criterion is fulfilled as aggregated welfare gains at least compensate the costs of providing financial assistance for adaptation.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen_US
dc.relation.ispartofseries|aZEW Discussion Papers |x12-056en_US
dc.subject.jelC68en_US
dc.subject.jelD58en_US
dc.subject.jelF18en_US
dc.subject.jelQ56en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.keywordfunding of adaptationen_US
dc.subject.keywordclimate changeen_US
dc.subject.keywordinternational tradeen_US
dc.subject.keywordmulti-regional dynamic CGE modelen_US
dc.titleTerms-of-trade and the funding of adaptation to climate change and variability: An empirical analysisen_US
dc.typeWorking Paperen_US
dc.identifier.ppn729340511en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12056-

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