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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (827441)1/4/2015 11:59:16 AM
From: Wharf Rat  Read Replies (2) of 1575842
 
Correction and Update: The Economic
Effects of Climate Change†
Richard S. J. Tol

Gremlins intervened in the preparation of my paper “The Economic
Effects of Climate Change” published in the Spring 2009 issue of this journal.

In Table 1 of that paper, titled “Estimates of the Welfare Impact
of Climate Change,” minus signs were dropped from the two impact estimates, one
by Plambeck and Hope (1996) and one by Hope (2006).

In Figure 1 of that paper,
titled “Fourteen Estimates of the Global Economic Impact of Climate Change,”
and in the various analyses that support that figure, , the minus sign was droppedfrom only one of the two estimates. An early study by Bill Nordhaus was misread.
A coding error affected the upper bound of one of confidence intervals (the wider
one) shown in the original Figure 1.

pubs.aeaweb.org
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