Economic growth and the social cost of carbon: additive versus multiplicative damages

Economic growth and the social cost of carbon: additive versus multiplicative damages

In a calibrated integrated assessment model of Ramsey growth and climate change in the global economy we investigate the differential impact of additive and multiplicative global warming damages for both a socially optimal and business-as-usual scenario. Fossil fuel is available at a cost which rise...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awduron:	Van der Ploeg, R, Rezai, A, Withagen, C
Fformat:	Working paper
Cyhoeddwyd:	University of Oxford 2012

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