264
Andersen and Verner
counteracting potential adverse effects of climate change on incomes would be to invest more in education. It is important to keep in mind, however, that in the absence of climate change, incomes would benefit substantially more from investments in the education sector.
Notes 1. Notice that climate variability is not addressed in this model, only systematic climate change over several decades. 2. All axes span the actual observed values of temperatures and income in each country. More details about the data for each country can be found in the more elaborate, individual country case studies (Andersen and Verner 2008, 2009, 2010; Andersen, Román, and Verner 2008; Andersen, Suxo, and Verner 2009).
References Andersen, L. E., S. Román, and D. Verner. 2008. “Social Impacts of Climate Change in Brazil: A Municipal-Level Analysis of the Effects of Recent Climate Change on Life Expectancy, Consumption, Poverty, and Inequality.” Draft, World Bank, Washington, DC. Andersen, L. E., A. Suxo, and D. Verner. 2009. “Social Impacts of Climate Change in Peru: A Municipal-Level Analysis of the Effects of Recent Climate Change on Life Expectancy, Consumption, Poverty, and Inequality.” Policy Research Working Paper No. 5091, World Bank, Washington, DC. Andersen, L. E., and D. Verner. 2008. “Social Impacts of Climate Change in Mexico: A Municipal-Level Analysis of the Effects of Recent Climate Change on Life Expectancy, Consumption, Poverty, and Inequality.” Draft, World Bank, Washington, DC. ———. 2009. “Social Impacts of Climate Change in Bolivia: A Municipal-Level Analysis of the Effects of Recent Climate Change on Life Expectancy, Consumption, Poverty, and Inequality.” Policy Research Working Paper No. 5092, World Bank, Washington DC. ———. 2010. “Social Impacts of Climate Change in Chile: A Municipal-Level Analysis of the Effects of Recent Climate Change on Life Expectancy, Consumption, Poverty, and Inequality.” Policy Research Working Paper No. 5170, World Bank, Washington, DC. Dell, M., B. F. Jones, and B. A. Olken. 2008. Climate Change and Economic Growth: Evidence from the Last Half Century. NBER Working Paper No. 14132. Cambridge, MA: National Bureau of Economic Research. Horowitz, J. K. 2006. “The Income-Temperature Relationship in a Cross-section of Countries and Its Implications for Global Warming.” Department of