Evaluating the Economic Cost of Coastal Flooding
Evaluating the Economic Cost of Coastal Flooding
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DOI:
10.1257/mac.20180366
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发表时间:
2021-04-01
影响因子:
6
通讯作者:
Strauss, Benjamin H.
中科院分区:
文献类型:
--
作者:
Desmet, Klaus;Kopp, Robert E.;Strauss, Benjamin H.
Sea level rise will cause spatial shifts in economic activity over the next 200 years. Using a spatially disaggregated, dynamic model of the world economy, this paper estimates the consequences of probabilistic projections of local sea level changes. Under an intermediate scenario of greenhouse gas emissions, permanent flooding is projected to reduce global real GDP by 0.19 percent in present value terms. By the year 2200, a projected 1.46 percent of the population will be displaced. Losses in coastal localities are much larger. When ignoring the dynamic response of investment and migration, the loss in real GDP in 2200 increases from 0.11 percent to 4.5 percent.