Lopez-Uribe, Maria del Pilar, Castells-Quintana, David and McDermott, Thomas K. J. (2017) Geography, institutions and development: a review ofthe long-run impacts of climate change. Climate and Development, 9 (5). pp. 452-470. ISSN 1756-5529
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Abstract
The links between climate change, economic growth and economic development have gained increasing attention over recent years in both the academic and policy literature. However, most of the existing literature has tended to focus on direct, short run effects of climate change on the economy, for example due to extreme weather events and changes in agricultural growing conditions. In this paper we review potential effects of climate change on the prospects for long-run economic development. These effects might operate directly, via the role of geography (including climate) as a fundamental determinant of relative prosperity, or indirectly by modifying the environmental context in which political and economic institutions evolve. We consider potential mechanisms from climate change to long-run economic development that have been relatively neglected to date, including, for instance, effects on the distribution of income and political power. We conclude with some suggestions for areas of future research.
Item Type: | Article |
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Official URL: | http://www.tandfonline.com/loi/tcld20#.VqdMWvNFBFo |
Additional Information: | © 2016 Informa UK Limited, trading as Taylor & Francis Group |
Divisions: | Grantham Research Institute |
Subjects: | G Geography. Anthropology. Recreation > G Geography (General) H Social Sciences > HB Economic Theory |
Date Deposited: | 26 Jan 2016 10:49 |
Last Modified: | 14 Sep 2024 07:17 |
Funders: | UK Government’s Department for International Development, Canada’s International Development Research Centre, UK Government’s Department for International Development, Canada’s International Development Research Centre |
URI: | http://eprints.lse.ac.uk/id/eprint/65147 |
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