Economic effects of future droughts in Colombia: Estimation based on the 2015 El Niño phenomenon.
This paper quantifies the impact of future droughts in Colombia by calculating the economic costs for the country of the El Niño phenomenon that occurred in 2015. In particular, this paper estimates the effects that a decrease in water resources-product of a climate variability event such as El Niño-has on economic sectors, and values the […]
Estimation of climate change impacts on the agriculture sector and food security
The document analyzes the impacts due to climate change depending on the fulfillment of emission reduction (mitigation) commitments and national adaptation actions in agriculture and food security within the framework of the Paris Agreement. From damage functions to yields of eight crops in mitigation and adaptation scenarios and viewed under three perspectives (whole economy, industry […]
Construction of the social accounting matrix for water as an economic input.
This document presents the procedures and considerations for constructing a Social Accounting Matrix (SAM) for the year 2012 that integrates information from the National Water Accounts produced by DANE. With this analytical tool, it is possible to determine the use of water resources within the economy and identify the potential effects that changes in water […]
Estimation of the Effects of Climate Variability on Agricultural Production in Colombia
This document aims to evaluate the impact of climate variability on agricultural production in Colombia and to assess the effectiveness of irrigation districts as an adaptation measure. For the analysis, a multidimensional panel data model with random effects was applied to estimate the effects on crops reported in 1,101 Colombian municipalities between 2007 and 2017. […]
Distributional Impacts of a Carbon Tax in Colombia
This study evaluates the distributional implications of a carbon dioxide emissions tax on household welfare, through changes in the prices of the consumer basket. To achieve this, the results of a Computable General Equilibrium (CGE) model are sequentially integrated with a household-level analysis based on microsimulation models (MSM). Additionally, the study compares the effects of […]
Summary: Economic Impacts of Climate Change in Bogotá
he Economic Impacts of Climate Change Study for Colombia (EIECC) is a long-term research agenda coordinated by the National Planning Department (DNP) that aims to conduct economic analyses on the implications of climate change in the country. The study integrates data and knowledge from different areas of study and economic sectors to analyze the regional […]