2011
DOI: 10.1007/s10584-011-0343-y
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The integration of PESETA sectoral economic impacts into the GEM-E3 Europe model: methodology and results

Abstract: The PESETA project has estimated the physical effects of climate change in Europe for the following impact categories with a market valuation: agriculture, river floods, coastal systems and tourism. Four alternative scenarios of future climate change have been considered. The computable general equilibrium (CGE) GEM-E3 model for Europe has been used to integrate the PESETA damages under a consistent economic framework. The approach followed has been to assess the effects of future climate (as of 2080s) on toda… Show more

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Cited by 31 publications
(32 citation statements)
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References 17 publications
(13 reference statements)
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“…Analyses based on the DIVA model have also provided widely-used inputs to top-down models (Agrawala et al 2010;Ciscar et al 2012;; see Section 2.2). The PESETA project (Projection of economic impacts of climate change in sectors of the European Union based on bottom-up analysis) uses this version of the DIVA model to estimate the physical and monetary impacts of climate change on coastal systems in Europe (Richards and Nicholls 2009).…”
Section: Nonementioning
confidence: 99%
“…Analyses based on the DIVA model have also provided widely-used inputs to top-down models (Agrawala et al 2010;Ciscar et al 2012;; see Section 2.2). The PESETA project (Projection of economic impacts of climate change in sectors of the European Union based on bottom-up analysis) uses this version of the DIVA model to estimate the physical and monetary impacts of climate change on coastal systems in Europe (Richards and Nicholls 2009).…”
Section: Nonementioning
confidence: 99%
“…The CGE analysis follows a static comparative approach (as in e.g. Aaheim et al 2012;Ciscar et al 2012), estimating the counterfactual of future SLR (simulated in the 2080s) occurring under the current socioeconomic conditions. Therefore, the SLR future scenarios are shocking the current economy (base year of the model, 2007), without considering that there will be economic growth and demographic change from now to the end of the century.…”
Section: Modelling Methodology For Economy-wide Impactsmentioning
confidence: 99%
“…The DIVA model itself uses data for SLR provided by the UK Met Office Hadley Centre and the multi-model climate experiment from the European Commission ENSEMBLES project. The model is well established, having been widely used for peer-reviewed publications (including for earlier estimates of SLR damages for Europe such as Bosello et al (2012) and Ciscar et al (2012), using the GEM-E3 model, Capros et al (2013)). …”
Section: Data For the Direct Costs Of Sea-level Risementioning
confidence: 99%
“…Recently, the model was also deployed to analyze macroeconomic climate change impacts (e.g. by Ciscar et al, 2012).…”
Section: A5 Representative Cge Models For the Energy System Of An Ecmentioning
confidence: 99%