Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the...

The long-term effects of recurrent natural disasters on economic development remain an open question in the existing literature. It is partly because recurrent disasters, unlike one-off catastrophic events, repeatedly strike the same geographic region and have cumulative effects in the long run....

Forest accounting considers physical and monetary data relating to the degree of substitutability for natural capital, and composes accounts for forest assets measured in physical and monetary terms to show the impact of the economy on the environment. It is extremely useful in formulating and...

Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological...

Many studies, as well as historical events, indicate that oil price shocks affect the macro economy of a country. In this paper we build a Chinese Computable General Equilibrium (CGE) model, with which we simulate the impact on the Chinese economy of international crude oil price when it rises...