IDEAS home Printed from https://ideas.repec.org/a/wsi/ccexxx/v10y2019i02ns2010007819500052.html
   My bibliography  Save this article

Costs And Benefits Of Climate Change In Switzerland

Author

Listed:
  • FRANK VÖHRINGER

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland†Econability, Fischermatt 12, CH-3127 Mühlethurnen, Switzerland§Faculty of Business, Economics and Social Sciences, University of Bern, Schanzeneckstrasse 1, CH-3001 Bern, Switzerland)

  • MARC VIELLE

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland)

  • PHILIPPE THALMANN

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland)

  • ANITA FREHNER

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland¶Research Institute of Organic Agriculture (FiBL), Ackerstrasse 113, CH-5070 Frick, Switzerland∥Wageningen University & Research, Animal Production Systems Group, Wageningen, The Netherlands)

  • WOLFGANG KNOKE

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland**Wolfgang Knoke Forschungsagentur, Unterster Zwerchweg 14, D-60599 Frankfurt, Germany)

  • DARIO STOCKER

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland‡Oeschger Centre for Climate Change Research, University of Bern Falkenplatz 16, CH-3012 Bern, Switzerland§Faculty of Business, Economics and Social Sciences, University of Bern, Schanzeneckstrasse 1, CH-3001 Bern, Switzerland)

  • BORIS THURM

    (LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, Switzerland)

Abstract

Understanding the economic magnitude of climate change (CC) impacts is a prerequisite for developing adequate adaptation strategies. In Switzerland, despite new climate scenarios and impact studies, only few impacts have been monetized. Our objective is to assess costs and opportunities of CC for Switzerland by 2060, while enhancing the assessment methods. Using inputs from bottom-up impact studies, we simulate the economic consequences of climate scenarios in a computable general equilibrium (CGE) framework. We cover health, buildings/infrastructure, energy, water, agriculture, tourism, the spill-overs to other sectors, and international effects. Due to data constraints, significant impacts have not been quantified, e.g., for heat waves and droughts more extreme than the 2060 average climate. For the considered impacts, welfare decreases by 0.37% to 1.37% in 2060 relative to a reference without CC. Higher summer temperatures increase mortality and decrease productivity. Contrariwise, tourism benefits from extended summer seasons. Regarding energy, increased demand for cooling is overcompensated by savings in heating.

Suggested Citation

  • Frank Vöhringer & Marc Vielle & Philippe Thalmann & Anita Frehner & Wolfgang Knoke & Dario Stocker & Boris Thurm, 2019. "Costs And Benefits Of Climate Change In Switzerland," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(02), pages 1-34, May.
  • Handle: RePEc:wsi:ccexxx:v:10:y:2019:i:02:n:s2010007819500052
    DOI: 10.1142/S2010007819500052
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S2010007819500052
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S2010007819500052?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Roberto Roson & Martina Sartori, 2016. "Estimation of Climate Change Damage Functions for 140 Regions in the GTAP 9 Database," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(2), pages 78-115, December.
    2. Dowling, Paul, 2013. "The impact of climate change on the European energy system," Energy Policy, Elsevier, vol. 60(C), pages 406-417.
    3. Marshall Burke & Solomon M. Hsiang & Edward Miguel, 2015. "Global non-linear effect of temperature on economic production," Nature, Nature, vol. 527(7577), pages 235-239, November.
    4. Geoffrey Heal & Jisung Park, 2016. "Editor's Choice Reflections—Temperature Stress and the Direct Impact of Climate Change: A Review of an Emerging Literature," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(2), pages 347-362.
    5. Jean Château & Rob Dellink & Elisa Lanzi, 2014. "An Overview of the OECD ENV-Linkages Model: Version 3," OECD Environment Working Papers 65, OECD Publishing.
    6. Juan-Carlos Ciscar & László Szabó & Denise Regemorter & Antonio Soria, 2012. "The integration of PESETA sectoral economic impacts into the GEM-E3 Europe model: methodology and results," Climatic Change, Springer, vol. 112(1), pages 127-142, May.
    7. Bosello, Francesco & Eboli, Fabio & Pierfederici, Roberta, 2012. "Assessing the Economic Impacts of Climate Change. An Updated CGE Point of View," Climate Change and Sustainable Development 121700, Fondazione Eni Enrico Mattei (FEEM).
    8. Helia Costa & Graham Floater & Hans Hooyberghs & Stijn Verbeke & Koen De Ridder, 2016. "Climate change, heat stress and labour productivity: A cost methodology for city economies," GRI Working Papers 248, Grantham Research Institute on Climate Change and the Environment.
    9. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
    10. Camille Gonseth & Philippe Thalmann & Marc Vielle, 2017. "Impacts of Global Warming on Energy Use for Heating and Cooling with Full Rebound Effects in Switzerland," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(4), pages 341-369, October.
    11. Du, Ding & Zhao, Xiaobing & Huang, Ruihong, 2017. "The impact of climate change on developed economies," Economics Letters, Elsevier, vol. 153(C), pages 43-46.
    12. Frédéric Babonneau & Philippe Thalmann & Marc Vielle, 2018. "Defining deep decarbonization pathways for Switzerland: an economic evaluation," Climate Policy, Taylor & Francis Journals, vol. 18(1), pages 1-13, January.
    13. Francesco Bosello & Fabio Eboli & Roberta Pierfederici, 2012. "Assessing the Economic Impacts of Climate Change," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tol, Richard S.J., 2024. "A meta-analysis of the total economic impact of climate change," Energy Policy, Elsevier, vol. 185(C).
    2. Tol, Richard S.J., 2019. "A social cost of carbon for (almost) every country," Energy Economics, Elsevier, vol. 83(C), pages 555-566.
    3. Valeria Costantini & Anil Markandya & Elena Paglialunga & Giorgia Sforna, 2018. "Impact and distribution of climatic damages: a methodological proposal with a dynamic CGE model applied to global climate negotiations," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 809-843, December.
    4. Gabriele Standardi, 2023. "Exploring market-driven adaptation to climate change in a general equilibrium global trade model," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 28(2), pages 1-29, February.
    5. Peter H. Howard & Thomas Sterner, 2017. "Few and Not So Far Between: A Meta-analysis of Climate Damage Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(1), pages 197-225, September.
    6. Ciscar, Juan-Carlos & Feyen, Luc & Soria, Antonio & Lavalle, Carlo & Raes, Frank & Perry, Miles & Nemry, Françoise & Demirel, Hande & Rozsai, Máté & Dosio, Alessandro & Donatelli, Marcello & Srivastav, 2014. "Climate Impacts in Europe - The JRC PESETA II Project," MPRA Paper 55725, University Library of Munich, Germany.
    7. Esra KADANALI & Omer YALCINKAYA, 2020. "Effects of Climate Change on Economic Growth: Evidence from 20 Biggest Economies of the World," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 93-118, September.
    8. Nicolas Taconet & Aurélie Méjean & Céline Guivarch, 2020. "Influence of climate change impacts and mitigation costs on inequality between countries," Climatic Change, Springer, vol. 160(1), pages 15-34, May.
    9. Roson, Roberto & Damania, Richard, 2016. "Simulating the Macroeconomic Impact of Future Water Scarcity an Assessment of Alternative Scenarios," Conference papers 332687, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    10. Eshita Gupta & Bharat Ramaswami & E. Somanathan, 2021. "The Distributional Impact of Climate Change: Why Food Prices Matter," Economics of Disasters and Climate Change, Springer, vol. 5(2), pages 249-275, July.
    11. Kahn, Matthew E. & Mohaddes, Kamiar & Ng, Ryan N.C. & Pesaran, M. Hashem & Raissi, Mehdi & Yang, Jui-Chung, 2021. "Long-term macroeconomic effects of climate change: A cross-country analysis," Energy Economics, Elsevier, vol. 104(C).
    12. Taran Faehn & Gabriel Bachner & Robert Beach & Jean Chateau & Shinichiro Fujimori & Madanmohan Ghosh & Meriem Hamdi-Cherif & Elisa Lanzi & Sergey Paltsev & Toon Vandyck & Bruno Cunha & Rafael Garaffa , 2020. "Capturing Key Energy and Emission Trends in CGE models: Assessment of Status and Remaining Challenges," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 5(1), pages 196-272, June.
    13. Tsigaris, Panagiotis & Wood, Joel, 2019. "The potential impacts of climate change on capital in the 21st century," Ecological Economics, Elsevier, vol. 162(C), pages 74-86.
    14. Bosello, Francesco & De Cian, Enrica, 2014. "Climate change, sea level rise, and coastal disasters. A review of modeling practices," Energy Economics, Elsevier, vol. 46(C), pages 593-605.
    15. Roson, Roberto & Damania, Richard, 2017. "The macroeconomic impact of future water scarcity," Journal of Policy Modeling, Elsevier, vol. 39(6), pages 1141-1162.
    16. Roberto Roson & Richard Damania, the World Bank, Washington D.C., 2016. "Simulating the Macroeconomic Impact of Future Water Scarcity," EcoMod2016 9167, EcoMod.
    17. Ciscar, Juan-Carlos & Dowling, Paul, 2014. "Integrated assessment of climate impacts and adaptation in the energy sector," Energy Economics, Elsevier, vol. 46(C), pages 531-538.
    18. Wojtek Szewczyk & Luc Feyen & Anca Matei & Juan Carlos Ciscar & Eamonn Mulholland & Antonio Soria, 2020. "Economic analysis of selected climate impacts. JRC PESETA IV project –Task 14," JRC Research Reports JRC120452, Joint Research Centre.
    19. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
    20. Simola, Heli, 2020. "Climate change and the Russian economy," BOFIT Policy Briefs 11/2020, Bank of Finland Institute for Emerging Economies (BOFIT).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ccexxx:v:10:y:2019:i:02:n:s2010007819500052. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/cce/cce.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.