Professor Masako Ikefuji - Climate Change, Economic Growth, and Health
Seminar on paper that studies the interplay between climate, health, and the economy in a stylised world with four heterogeneous regions, labelled ‘West’ (cold and rich), ‘China’ (cold and poor), ‘India’ (warm and poor), and ‘Africa’ (warm and very poor). From the Department of Geography and Environment at the London School of Economics and Political Science (LSE) and the Grantham Research Institute on Climate Change and the Environment.
Speaker: Professor Masako Ikefuji, Institute of Social and Economic Research at Osaka University, Japan
Abstract of seminar
Seminar from the Department of Geography and Environment at the London School of Economics and Political Science (LSE) and the Grantham Research Institute on Climate Change and the Environment.
This seminar studies the interplay between climate, health, and the economy in a stylised world with four heterogeneous regions, labelled ‘West’ (cold and rich), ‘China’ (cold and poor), ‘India’ (warm and poor), and ‘Africa’ (warm and very poor).
The speaker introduces health impacts into a simple integrated assessment model, where both the local cooling effect of aerosols, as well as the global warming effect of CO2 are endogenous, and investigate how those factors affect the equilibrium path.
We show how some of the important aspects of the equilibrium, including emission abatement rates, health costs, and economic growth, depend on the economic and geographical characteristics of each region