Roson, Roberto; Bosello, Francesco - Dipartimento di Economia, Università Ca' Foscari Venezia - 2007
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...