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Climatic change implications for welfare and policy

OSTI OAI (U.S. Department of Energy Office of Scientific and Technical Information)Published 1 January 1985
Thomas C. Schelling
Citations34

Abstract

The projected continuing increase in use of fossil fuels and the associated increase in atmospheric CO/sub 2/ are expected to cause shifts in agriculture productivity due to climatic change. Although the change in total productivity is expected to be less severe than originally estimated, the predominantly agricultural countries of the developing world could suffer considerable economic losses. Prevention of or compensation for such evantualities present challenging policy questions for the industrialized countries.

Keywords

Economics, Econometrics and Finance