A Scenario-Based Framework for Assessing the Economic Impacts of Potential Droughts
A Scenario-Based Framework for Assessing the Economic Impacts of Potential Droughts
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DOI:
10.1142/s2382624x17500072
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发表时间:
2017-10-01
影响因子:
1.1
通讯作者:
Hall, Jim W.
中科院分区:
文献类型:
--
作者:
Freire-Gonzalez, Jaume;Decker, Christopher A.;Hall, Jim W.
Estimating the potential economic impacts of drought is increasingly prominent in policy discussions on resilience to future population and climate changes. We develop a scenario-based analytical framework for estimating the economic impacts of droughts under a range of assumed climate and policy conditions. The scenarios modeled take account of different assumptions regarding a drought event, including: the source of the drought (green or blue water), temporality, and critically, long-term and short-term policy-making choices. Applying the framework to the UK economy we estimate that, depending on the severity of the drought event and short-term policy choices, the impacts could range from 0.35% to 4.3% of total output in terms of total production. Different long-term policy choices could mitigate the impacts for drought events with similar severity and duration.