Workshop discusses impacts of climate change on economic development
Experts discussed the impacts of climate change on economic development in Vietnam using the Computable General Equilibrium (CGE) model at an international workshop at the Foreign Trade University (FTU) on September 30.
CGE is an economic model that uses actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. Applying the CGE model, the impacts of climate change on economic development has been analysed through changes to the productivity, output, quality and structure of the agricultural sector and its sub-sectors.
