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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)