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On The Economics Of Climate Change And Its Effects, Aaron B. Gertz Aug 2015

On The Economics Of Climate Change And Its Effects, Aaron B. Gertz

Electronic Thesis and Dissertation Repository

This thesis consists of three separate papers; two examining the costs of climate change policy in developing economies and one studying the economic impacts of flooding. In Chapter 2, I use a 2-sector non-balanced growth model to study the impact of structural change (the transition from industry to services) on carbon intensity. I calibrate the model to China and find that structural change plays an important role in reducing carbon intensity and lowering the economic cost of a carbon tax on GDP. For a 65% reduction target over 30 years, a $28/t carbon tax is needed and the output ...