The MIT PressJournals
Article navigation
Publication Cover

Follow

More About The Review


Article Metrics

Altmetric

About article usage data:

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean euismod bibendum laoreet. Proin gravida dolor sit amet lacus accumsan et viverra justo commodo. Proin sodales pulvinar tempor. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus.


Follow

Follow

Incorporating Climate Uncertainty into Estimates of Climate Change Impacts

Marshall Burke, John Dykema, David B. Lobell, Edward Miguel and Shanker Satyanath

Posted Online April 23, 2015
https://doi.org/10.1162/REST_a_00478

Review of Economics and Statistics

Volume 97 | Issue 2 | May 2015
p.461-471
Download Options

Incorporating Climate Uncertainty into Estimates of Climate Change Impacts

Marshall Burke, John Dykema, David B. Lobell, Edward Miguel and Shanker Satyanath
https://doi.org/10.1162/REST_a_00478
Received: November 30, 2011
Accepted: January 08, 2014
Published Online: April 23, 2015
Abstract

Abstract

Quantitative estimates of the impacts of climate change on economic outcomes are important for public policy. We show that the vast majority of estimates fail to account for well-established uncertainty in future temperature and rainfall changes, leading to potentially misleading projections. We reexamine seven well-cited studies and show that accounting for climate uncertainty leads to a much larger range of projected climate impacts and a greater likelihood of worst-case outcomes, an important policy parameter. Incorporating climate uncertainty into future economic impact assessments will be critical for providing the best possible information on potential impacts.

Marshall Burke
Stanford University
John Dykema
Harvard University
David B. Lobell
Stanford University
Edward Miguel
University of California, Berkeley
Shanker Satyanath
New York University
https://doi.org/10.1162/REST_a_00478
Abstract

Abstract

Quantitative estimates of the impacts of climate change on economic outcomes are important for public policy. We show that the vast majority of estimates fail to account for well-established uncertainty in future temperature and rainfall changes, leading to potentially misleading projections. We reexamine seven well-cited studies and show that accounting for climate uncertainty leads to a much larger range of projected climate impacts and a greater likelihood of worst-case outcomes, an important policy parameter. Incorporating climate uncertainty into future economic impact assessments will be critical for providing the best possible information on potential impacts.

Marshall Burke
Stanford University
John Dykema
Harvard University
David B. Lobell
Stanford University
Edward Miguel
University of California, Berkeley
Shanker Satyanath
New York University
Download Options

Incorporating Climate Uncertainty into Estimates of Climate Change Impacts

Marshall Burke, John Dykema, David B. Lobell, Edward Miguel and Shanker Satyanath
https://doi.org/10.1162/REST_a_00478
Received: November 30, 2011
Accepted: January 08, 2014
Published Online: April 23, 2015
Abstract

Abstract

Quantitative estimates of the impacts of climate change on economic outcomes are important for public policy. We show that the vast majority of estimates fail to account for well-established uncertainty in future temperature and rainfall changes, leading to potentially misleading projections. We reexamine seven well-cited studies and show that accounting for climate uncertainty leads to a much larger range of projected climate impacts and a greater likelihood of worst-case outcomes, an important policy parameter. Incorporating climate uncertainty into future economic impact assessments will be critical for providing the best possible information on potential impacts.

Marshall Burke
Stanford University
John Dykema
Harvard University
David B. Lobell
Stanford University
Edward Miguel
University of California, Berkeley
Shanker Satyanath
New York University
Favorite
Track Citations
Download Citation
RSS TOC
RSS Citation