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Economic Development Under Climate Change: Economy-Wide and Regional Analysis for Ethiopia

Economic Development Under Climate Change: Economy-Wide and Regional Analysis for Ethiopia

Paperback

Business GeneralGeneral Political ScienceGeneral Sociology

ISBN10: 3658294124
ISBN13: 9783658294120
Publisher: Springer vs
Published: Feb 26 2020
Pages: 134
Weight: 0.41
Height: 0.32 Width: 5.83 Depth: 8.27
Language: English

Amsalu Woldie Yalew attempts to address the direct and indirect economic effects of climate change, adaptation costs, and adaptation finance in developing countries with emphasis to Ethiopia using a static computable general equilibrium (CGE) model coupled with a regional module. The results show that the economy-wide effects of climate change are profound. Planned public adaptation that aims to fully neutralize climate change-induced agricultural productivity shocks may help to avert the aggregate effects but with residual effects. The results also indicate that structural change underpins climate-resilient development as it contributes to dampen the adverse consequences of climate change on aggregate GDP and households' welfare.

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