Notes
Note that the damage to capital would not go to zero in our model, as land is included as part of capital.
References
Ciscar JC, Iglesias A, Feyen L, Szabó L, Van Regemorter D, Amelung B, Nicholls R, Watkiss P, Christensen O, Dankers R, Garrote L, Goodess C, Hunt A, Moreno A, Richards J, Soria A (2011) Physical and economic consequences of climate change in Europe. Proc Natl Acad Sci 108(7):2678–2683. doi:10.1073/pnas.1011612108
Ciscar JC, Feyen L, Soria A, Lavalle C, Raes F, Perry M, Nemry F, Demirel H, Rozsai M, Dosio A, Donatelli M, Srivastava A, Fumagalli D, Niemeyer S, Shrestha S, Ciaian P, Himics M, Van Doorslaer B, Barrios S, Ibáñez N, Forzieri G, Rojas R, Bianchi A, Dowling P, Camia A, Libertà G, San Miguel J, de Rigo D, Caudullo G, Barredo JI, Paci D, Pycroft J, Saveyn B, Van Regemorter D, Revesz T, Vandyck T, Vrontisi Z, Baranzelli C, Vandecasteele I, Batista e Silva F, Ibarreta D (2014) Climate impacts in Europe. The JRC PESETA II project. Scientific and Technical Research series, EUR 26586-Joint Research Centre—Institute for Prospective Technological Studies
Hallegatte S (2012) A framework to investigate the economic growth impact of sea level rise. Environ Res Lett 7:015604. doi:10.1088/1748-9326/7/1/015604
Nicholls R, Tol R, Vafeidis A (2008) Global estimates of the impact of a collapse of the West Antarctic ice sheet: an application of FUND. Clim Change 91:171–191. doi:10.1007/s10584-008-9424-y
Reguero BG, Losada IJ, Díaz-Simal P, Méndez FJ, Beck MW (2015) Effects of climate change on exposure to coastal flooding in Latin America and the Caribbean. PLoS One 10(7):e0133409. doi:10.1371/journal.pone.0133409
Sterner T, Persson UM (2008) An even sterner review: introducing relative prices into the discounting debate. Review of environmental economics and policy, volume 2, issue 1, winter 2008, pp 61–76. doi:10.1093/reep/rem024
Author information
Authors and Affiliations
Corresponding author
Additional information
Disclaimer The views expressed are purely those of the authors and may not in any circumstances be regarded as stating an official position of the European Commission.
Rights and permissions
About this article
Cite this article
Pycroft, J., Abrell, J. & Ciscar, JC. Response to “Comment on ‘The Global Impacts of Extreme Sea-Level Rise: A Comprehensive Economic Assessment”’ (Richard Tol, Robert J. Nicholls, Sally Brown, Jochen Hinkel, Athanasios T. Vafeidis, Tom Spencer and Mark Schuerch). Environ Resource Econ 64, 345–347 (2016). https://doi.org/10.1007/s10640-016-9998-1
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10640-016-9998-1