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Do climate dynamics matter for economics?

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  • Richard S. J. Tol

    (University of Sussex
    Vrije Universiteit
    Vrije Universiteit
    Tinbergen Institute)

Abstract

Economic models of climate change are the basis for climate policy design. However, incorrect representation of physical dynamics in these models could lead to biased advice.

Suggested Citation

  • Richard S. J. Tol, 2021. "Do climate dynamics matter for economics?," Nature Climate Change, Nature, vol. 11(10), pages 802-803, October.
    • Handle: RePEc:nat:natcli:v:11:y:2021:i:10:d:10.1038_s41558-021-01169-5
    DOI: 10.1038/s41558-021-01169-5
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    Cited by:

    1. Lamperti, Francesco & Bosetti, Valentina & Roventini, Andrea & Tavoni, Massimo & Treibich, Tania, 2021. "Three green financial policies to address climate risks," Journal of Financial Stability, Elsevier, vol. 54(C).
    2. Daniel Meierrieks & David Stadelmann, 2021. "Is temperature adversely related to economic growth? Evidence on the short-run and the long-run links from sub-national data," CREMA Working Paper Series 2021-36, Center for Research in Economics, Management and the Arts (CREMA).
    3. Chang, Jun-Jie & Mi, Zhifu & Wei, Yi-Ming, 2023. "Temperature and GDP: A review of climate econometrics analysis," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 383-392.
    4. Waffenschmidt, Brigitte, 2021. "Nachhaltigkeit: Modewort oder Erwartung der Generation Y an ihre Arbeitgeber," EconStor Research Reports 246810, ZBW - Leibniz Information Centre for Economics.
    5. Marc Gronwald, 2023. "Explosive Temperatures," CESifo Working Paper Series 10680, CESifo.
    6. Ghosh, Sumita, 2021. "Urban agriculture potential of home gardens in residential land uses: A case study of regional City of Dubbo, Australia," Land Use Policy, Elsevier, vol. 109(C).
    7. Meierrieks, Daniel & Stadelmann, David, 2024. "Is temperature adversely related to economic development? Evidence on the short-run and the long-run links from sub-national data," Energy Economics, Elsevier, vol. 136(C).

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