Abstract
Global climate change has a potentially large impact on economic growth but measuring such economic impact is subject to a great deal of uncertainty. Hence, this chapter examines the possibility of measuring the economic impact of climate change through the macroeconomics analysis of climate change (MACC) model, a new model to evaluate the impact of climate change on GNP growth. To give light to the model, a test run is carried out on China to evaluate the impact of the country’s natural disasters on its economy.
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Estrada, M.A.R., Ndoma, I., Park, D. (2015). The Application of the Macroeconomics Analysis of Climate Changes Model (MACC-Model) in China: Floods. In: Leal Filho, W. (eds) Climate Change in the Asia-Pacific Region. Climate Change Management. Springer, Cham. https://doi.org/10.1007/978-3-319-14938-7_3
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DOI: https://doi.org/10.1007/978-3-319-14938-7_3
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-14937-0
Online ISBN: 978-3-319-14938-7
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