OECD Economics Department Working Papers

ISSN :
1815-1973 (en ligne)
DOI :
10.1787/18151973
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Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.
 

A Welfare Analysis of Climate Change Mitigation Policies You or your institution have access to this content

Auteur(s):
Alain de Serres, Fabrice Murtin1
Author Affiliations
  • 1: OCDE, France

Date de publication
21 déc 2011
Bibliographic information
N°:
908
Pages
29
DOI
10.1787/5kg0t00hd0g3-en

Cacher / Voir l'abstract

This paper assesses some welfare consequences of climate change mitigation policies. In the same vein as Becker, Philipson and Soares (2005), a simple index of economic progress weighs in the monetary cost induced by mitigation policies as well as the health benefits arising from the reduction in local air pollution. The shadow price of pollution is calculated indirectly through its impact on life expectancy. Taking into account the health benefits of mitigation policies significantly reduces their monetary cost in China and India, as well as in countries with large fossil-based energy-producing sectors (Australia, Canada and the United States).
Mots-clés:
welfare measurement, health, climate change, value of statistical life
Classification JEL:
  • I31: Health, Education, and Welfare / Welfare and Poverty / General Welfare
  • Q51: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Valuation of Environmental Effects
  • Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters; Global Warming