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  Climate Change Economics in Vietnam: Redefining Economic Impact

Otto, C., Schult, C., Vogt, T. (2025): Climate Change Economics in Vietnam: Redefining Economic Impact, (IWH Discussion Papers ; 15/2025), Halle (Saale) : Halle Institute for Economic Research (IWH), 57 p.
https://doi.org/10.18717/dpzggv-cs12

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 ???ViewItemFull_lblCreators???:
Otto, Christian1, ???ENUM_CREATORROLE_AUTHOR???                 
Schult, Christoph2, ???ENUM_CREATORROLE_AUTHOR???
Vogt, Thomas1, ???ENUM_CREATORROLE_AUTHOR???           
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1Potsdam Institute for Climate Impact Research, ou_persistent13              
2External Organizations, ou_persistent22              

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???ViewItemFull_lblSubject???: climate change impacts dynamic general equilibrium model impact channels mitigation
 ???ViewItemFull_lblAbstract???: Vietnam, a lower-middle-income economy, faces severe climate risks from heat waves, sea-level rise, and tropical cyclones, which are expected to intensify under ongoing global warming. Using a dynamic general equilibrium model, we analyze economic transition dynamics from 2015 to 2100, incorporating heat-induced labor productivity losses, agricultural land loss, and cyclone-related property damage. We compare a Paris-compatible scenario limiting warming to below 2 êC with a high-emission scenario reaching 4-5 êC. While output and investment impacts remain highly uncertain and statistically indistinguishable across scenarios until 2100, consumption losses are significantly larger under high emissions, mainly driven by heat-related productivity declines, with cyclones contributing most to uncertainty. These findings underscore the importance of considering multiple impact channels beyond output damages in climate-development research.

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???ViewItemFull_lblLanguages???: eng - English
 ???ViewItemFull_lblDates???: 2025-09-172025-09-17
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 ???ViewItemFull_lblPages???: 57
 ???ViewItemFull_lblPublishingInfo???: Halle (Saale) : Halle Institute for Economic Research (IWH)
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???ENUM_IDENTIFIERTYPE_RESEARCHTK???: Mitigation
???ENUM_IDENTIFIERTYPE_RESEARCHTK???: Climate impacts
???ENUM_IDENTIFIERTYPE_DOI???: 10.18717/dpzggv-cs12
???ENUM_IDENTIFIERTYPE_WORKINGGROUP???: Event-based modeling of economic impacts of climate change
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???ViewItemFull_lblSourceTitle???: IWH Discussion Papers
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