Document Type
Conference Item
Publication Date
9-1-2013
Abstract
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.
Divisions
FacultyofEconomicsAdministration
Event Title
International Conference “From Hu-Wen to Xi-Li Administration: China’s Leadership Transition and Its Domestic and International Implications”
Event Location
University of Malaya
Event Dates
12-13 September 2013
Event Type
conference