COIN-INT Sample Clauses

COIN-INT. Impact modelling The impacts of sea level rise are implemented in COIN-INT via five channels: First, sea flood damages reduce the physical capital stock (capital costs). Second, we assume that each person that is flooded within a year, is not able to provide labour to the labour market for 2 out of 48 working weeks a year (labour costs). Third, the annual land area that is lost due to SLR is translated into lower cropland availability for agricultural crop production (land loss). Fourth, investment costs for renewing sea dikes or for upgrading them (in the case of adaptation) is modelled as forced investment activity of the government agent (investment cost fraction of DIVA’s protection costs). Fifth, maintenance costs for sea dikes are implemented as forced government consumption for construction activities (maintenance cost fraction of DIVA’s protection costs). The Appendix reports a more detailed description of the implementation of impacts.
Sample 1
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Related to COIN-INT

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