Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/40642 
Year of Publication: 
2008
Series/Report no.: 
Nota di Lavoro No. 2008,6
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
In this paper, the economic value of the impacts of climate change is assessed for different Italian economic sectors and regions. Sectoral and regional impacts are then aggregated to provide a macroeconomic estimate of variations in GDP induced by climate change in the next decades. Autonomous adaptation induced by changes in relative prices and in stocks of natural and economic resources is fully taken into account. The model also considers international trade effects. Results show that in Italy aggregate GDP losses induced by climate change are likely to be small. However, some economic sectors (e.g. tourism) and the alpine regions will suffer significant economic damages.
Subjects: 
Impacts
Climate Change
Adaptation
GDP Losses
Tourism
JEL: 
O13
Q43
Q5
R13
Document Type: 
Working Paper

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