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overall variation of income and welfare. Results (e.g., on real GDP) show that climate change impacts are substantial …
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A Climate Change Damage Function (CCDF) is a reduced form relationship linking macroeconomic aggregates (e.g., potential GDP) to climate indicators (e.g., average temperature levels). This function is used in a variety of studies about climate change impacts and policy analysis. However, despite...
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competitiveness of industries and regions, and welfare. We also consider the possible existence of imperfect competition in the energy …
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