Global warming has increased global economic inequality
Palo Alto Institute · Stanford University · +1 more institution
Abstract
Understanding the causes of economic inequality is critical for achieving equitable economic development. To investigate whether global warming has affected the recent evolution of inequality, we combine counterfactual historical temperature trajectories from a suite of global climate models with extensively replicated empirical evidence of the relationship between historical temperature fluctuations and economic growth. Together, these allow us to generate probabilistic country-level estimates of the influence of anthropogenic climate forcing on historical economic output. We find very high likelihood that anthropogenic climate forcing has increased economic inequality between countries. For example, per…
Citation impact
- FWCI
- 191.25
- Percentile
- 100%
- References
- 34
Authors
2Topics & keywords
- Global warming
- Inequality
- Natural resource economics
- Economics
- Climate change
- Population
- Fossil fuel
- Consumption (sociology)