Articles | Volume 11, issue 4
Research article
04 Dec 2020
Research article |  | 04 Dec 2020

Economic impacts of a glacial period: a thought experiment to assess the disconnect between econometrics and climate sciences

Marie-Noëlle Woillez, Gaël Giraud, and Antoine Godin


Interactive discussion

Status: closed
Status: closed
AC: Author comment | RC: Referee comment | SC: Short comment | EC: Editor comment
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Peer-review completion

AR: Author's response | RR: Referee report | ED: Editor decision
ED: Publish subject to minor revisions (review by editor) (06 Aug 2020) by Michel Crucifix
AR by Marie-Noëlle Woillez on behalf of the Authors (28 Aug 2020)  Author's response    Manuscript
ED: Publish subject to technical corrections (14 Sep 2020) by Michel Crucifix
Short summary
To illustrate the fact that future economic damage from global warming is often highly underestimated, we applied two different statistically based damage functions available in the literature to a global cooling of 4 °C. We show that the gross domestic product (GDP) projections obtained are at odds with the state of the planet during an ice age. We conclude that such functions do not provide relevant information on potential damage from a large climate change, be it cooling or warming.
Final-revised paper