Debating climate economics: a response to Ackerman's critique of climate damage modeling

Tol, Richard S J (2016) Debating climate economics: a response to Ackerman's critique of climate damage modeling. Energy Research & Social Science, 17. pp. 165-166. ISSN 2214-6296

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Abstract

Ackerman and Munitz (2016) offer a critique of estimates of the economic impact of climate change and the social cost of carbon in general, and the FUND model in particular. I am grateful for the opportunity to reply. In this response, I note that (i) their concerns are not new; (ii) they highlight strengths of FUND rather than its weaknesses; and (iii) they revisit their old mistakes. I conclude with a few improvements to FUND prompted by Messrs Ackerman and Munitz.

Item Type: Article
Keywords: Climate economics; Integrity in research
Schools and Departments: School of Business, Management and Economics > Economics
Subjects: H Social Sciences > HB Economic theory. Demography
Depositing User: Richard Tol
Date Deposited: 08 Apr 2016 11:27
Last Modified: 18 May 2017 06:34
URI: http://sro.sussex.ac.uk/id/eprint/60390

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