Assessing the economic damages of climate change: the role of investment versus consumption

Casey, Gregory, Fried, Stephie and Gibson, Matthew (2022) Assessing the economic damages of climate change: the role of investment versus consumption. LSE Business Review (29 Sep 2022). Blog Entry.

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Abstract

To calculate the damages climate change will cause in the economy, it is important to differentiate consumption from investment. Gregory Casey, Stephie Fried, and Matthew Gibson write that without that distinction, existing methods downplay the effect of climate change on capital accumulation and economic growth. Their research shows that climate change will have a significant impact on aggregate economic outcomes in developed economies and that these impacts will be closely tied to the construction sector.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2022 The Author(s)
Divisions:	LSE
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management G Geography. Anthropology. Recreation > GE Environmental Sciences
Date Deposited:	15 Nov 2022 15:03
Last Modified:	16 May 2024 10:44
URI:	http://eprints.lse.ac.uk/id/eprint/116997

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