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Table 1 Estimates of global warming and its impact in terms of share of income lost

From: Climate change in Latin America and the Caribbean: policy options and research priorities

References Warming (in centigrade) Impact (percent of GDP)
Nordhaus (1994) 3.0 −4.8
Fankhauser (1995) 2.5 −1.4
Tol (1995) 2.5 −1.9
Nordhaus and Yang (1996) 2.5 −1.7
Plamberk and Hope (1996) 2.5 −2.5
Mendelsohn et al. (2000) 2.5 0.0–0.1
Nordhaus and Boyer (2000) 2.5 −1.5
Tol (2002) 1.0 2.3
Hope (2006) 2.5 0.9
Nordhaus (2006) 2.5 −0.9
Stern (2007) 3.0 −3.0
  1. Sources Tol (2011) and Stern (2007)