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Climate Change and Economic Growth

Author

Listed:
  • Robert Mendelsohn

Abstract

Grim descriptions of the long-term consequences of climate change have given the impression that the climate impacts from greenhouse gases threaten long-term economic growth. However, the impact of climate change on the global economy is likely to be quite small over the next 50 years. Severe impacts even by the end of the century are unlikely. The greatest threat that climate change poses to long-term economic growth is from potentially excessive near-term mitigation efforts.

Suggested Citation

  • Robert Mendelsohn, 2009. "Climate Change and Economic Growth," World Bank Publications - Books, The World Bank Group, number 28000.
    • Handle: RePEc:wbk:wbpubs:28000
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/28000/577590NWP0Box353767B01PUBLIC10gcwp060web.pdf?sequence=1
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    Citations

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    Cited by:

    1. Nicole A. MATHYS & Jaime DE MELO, 2010. "Trade and Climate Change: The Challenges Ahead," Working Papers P14, FERDI.
    2. Paul Alagidede & George Adu & Prince Boakye Frimpong, 2014. "The Effect of Climate Change on Economic Growth: Evidence from Sub-Saharan Africa," WIDER Working Paper Series wp-2014-017, World Institute for Development Economic Research (UNU-WIDER).
    3. -, 2011. "An assessment of the economic impact of climate change on the health sector In Trinidad And Tobago," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38598, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Alagidede, Paul & Adu, George & Frimpong, Prince Boakye, 2014. "The effect of climate change on economic growth: Evidence from Sub-Saharan Africa," WIDER Working Paper Series 017, World Institute for Development Economic Research (UNU-WIDER).
    5. Omar Chisari, 2010. "Notes on Optimal Growth, Climate Change Calamities, Adaptation and Mitigation," Research Department Publications 4685, Inter-American Development Bank, Research Department.
    6. Mohajan, Haradhan, 2015. "Sustainable Development Policy of Global Economy," MPRA Paper 82815, University Library of Munich, Germany, revised 30 Mar 2015.
    7. Bryan M. Maybee & Daniel J. Packey, 2014. "The Effect of the Inclusion of Uncertainty on the Optimal Allocation of Resources to Climate Change Mitigation and Adaptation Programmes," Economic Papers, The Economic Society of Australia, vol. 33(1), pages 67-75, March.

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