Macroeconomics of Climate Change

4.

Economic Valuation of Climate Impacts

4.1.

Damage Function Approaches

4.1.1.

Temperature-GDP Relationships

4.1.2.

Sectoral Damage Functions

4.1.3.

Regional Damage Estimates

4.2.

Bottom-Up Impact Assessment

4.2.1.

Sector-Specific Studies

4.2.2.

Extreme Event Damages

4.2.3.

Adaptation Cost Estimates

4.3.

Valuation Methodologies

4.3.1.

Market-Based Approaches

4.3.2.

Revealed Preference Methods

4.3.3.

Stated Preference Methods

4.3.4.

Value of Statistical Life

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3. Impacts of Climate Change on the Macroeconomy

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5. Modeling the Macroeconomics of Climate Change