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Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012796993
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
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the future of life on earth. Is it an accident that the strongest and most capitalist economic force in the world, the US … global force, it is not supported by the majority of the world, and much more thought and action is needed to integrate and … more feasible in our current world, ultimately changes at a global level may have greater long-term importance, and we need …
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