2014/05/01 by Richard S.J. Tol · 1 citation
Economics, Econometrics and Finance · Environmental Science · Mathematics · #Climate Change Policy and Economics #Fiscal Policy and Economic Growth #Sustainable Development and Environmental Policy #Climate change #Table (database) #Economic impact analysis #Economic welfare #Economics #Sign (mathematics) #Welfare #Econometrics #Mathematics #Computer science
paper · pdf · doi:10.1257/jep.28.2.221
openalex publication_date 2014/05/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01
Gremlins intervened in the preparation of my paper “The Economic Effects of Climate Change” published in the Spring 2009 issue of this journal. In Table 1 of that paper, titled “Estimates of the Welfare Impact of Climate Change,” minus signs were dropped from the two impact estimates, one by Plambeck and Hope (1996) and one by Hope (2006). In Figure 1 of that paper, titled “Fourteen Estimates of the Global Economic Impact of Climate Change,” and in the various analyses that support that figure, the minus sign was dropped from only one of the two estimates. The corresponding Table 1 and Figure 1 presented here correct these errors. Figure 2 titled, “Twenty-One Estimates of the Global Economic Impact of Climate Change” adds two overlooked estimates from before the time of the original 2009 paper and five more recent ones.