Climate Change Impacts Vary Greatly Within Countries, Demanding Localized Policy Responses
CGE models are used to study how climate change affects economies. Researchers looked at how using more detailed data on regions in Italy changes the results. They found that when they used more detailed data, the economic impacts of climate change were different than when using just national data. This is because regions within a country can be affected differently by climate change. The study showed that factors like trade between regions and movement of resources can influence how climate change impacts the economy.