Meta-emulation: An application to the social cost of carbon

Fuente: arXiv
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Main Author: Tol, Richard S. J.
Format: Preprint
Published: 2025
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author Tol, Richard S. J.
author_facet Tol, Richard S. J.
contents A large database of published model results is used to estimate the distribution of the social cost of carbon as a function of the underlying assumptions. The literature on the social cost of carbon deviates in its assumptions from the literatures on the impacts of climate change, discounting, and risk aversion. The proposed meta-emulator corrects this. The social cost of carbon is higher than reported in the literature.
format Preprint
id arxiv_https___arxiv_org_abs_2507_01804
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Meta-emulation: An application to the social cost of carbon
Tol, Richard S. J.
Econometrics
A large database of published model results is used to estimate the distribution of the social cost of carbon as a function of the underlying assumptions. The literature on the social cost of carbon deviates in its assumptions from the literatures on the impacts of climate change, discounting, and risk aversion. The proposed meta-emulator corrects this. The social cost of carbon is higher than reported in the literature.
title Meta-emulation: An application to the social cost of carbon
topic Econometrics
url https://arxiv.org/abs/2507.01804