Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/117972
Authors: 
Roson, Roberto
Bosello, Francesco
Lazzarin, Marco
Tol, Richard S.J.
Year of Publication: 
2004
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 96.2004
Abstract: 
The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies that rely most on agriculture are hit hardest. Although energy is substituted for land, overall energy consumption falls with the shrinking economy, hurting energy exporters. With full coastal protection, GDP increases, particularly in regions that do a lot of dike building, but utility falls, least in regions that build a lot of dikes and export energy. Energy prices rise and energy consumption falls. The costs of full protection exceed the costs of losing land.
Subjects: 
Impacts of climate change
Sea level rise
Computable general equilibrium
JEL: 
C68
D58
Q25
Document Type: 
Working Paper

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