This study develops a stochastic economy-wide framework for analyzing economic impacts from climate change and potential adaptation policies. For the stochastic analysis, particular attention is paid to the development of a prior subjective distribution of future climate outcomes. The approach...

This study links a multi-sectoral regionalized dynamic computable general equilibrium model of Ethiopia with a system of country-specific hydrology, crop, road and hydropower engineering models to simulate the economic impacts of climate change towards 2050. In the absence of externally funded...

Slowing global warming requires countries to reduce carbon emissions, which imposes costs on their economies. To be effective, most countries must agree collectively to participate (e.g., the Paris Agreement, COP26). However, every country has an incentive not to comply and still reap the...