Code for: The Fiscal Costs of Climate Change

Principal Investigator(s):  View help for Principal Investigator(s) Lint Barrage, U.C. Santa Barbara

Version:  View help for Version V1

Name File Type Size Last Modified
COMET_Fiscal_Impacts_Constraints.m text/x-matlab 8.4 KB 08/24/2020 07:46:AM
COMET_Fiscal_Impacts_Main.m text/x-matlab 32.9 KB 08/24/2020 07:46:AM
COMET_Fiscal_Impacts_Objective.m text/x-objcsrc 5.1 KB 08/24/2020 07:46:AM
ReadMe.pdf application/pdf 96.9 KB 08/24/2020 07:46:AM
x_LS_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM
x_LS_MAC_0_EWedge_0_tI_0_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM
x_Opt_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM
x_Opt_MAC_0_EWedge_0_tI_0_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM
x_taol384_taokconst_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM
x_taol384_taokconst_MAC_0_EWedge_0_tI_0_A_alphag.mat application/x-matlab-data 1.5 KB 08/24/2020 07:46:AM

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To view the citation for the overall project, see http://doi.org/10.3886/E120750V1.

Folder Description

Summary:  View help for Summary This paper explores the fiscal consequences of climate change. The analysis considers climate change impacts on (i) the cost of existing government services (e.g., disaster assistance) and (ii) the need for publicly provided anticipatory adaptation (e.g., sea walls). These channels are integrated into the COMET, a dynamic general equilibrium climate-economy model with distortionary taxation and government expenditures.  The main result is that accounting for fiscal impacts may increase the welfare benefits of efficient climate policy by up to 30%. Business-as-usual climate change may necessitate increases in income tax rates and elevate the marginal cost of raising public funds.

Scope of Folder

Subject Terms:  View help for Subject Terms Q54; E62; H60
Geographic Coverage:  View help for Geographic Coverage Global Model
Data Type(s):  View help for Data Type(s) program source code


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V1 [2020-08-26]

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