Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Quantifying uncertainty about global and regional economic impacts of
  climate change   The economic impacts of climate change are highly uncertain. Two of the most
important uncertainties are the sensitivity of the climate system and the
so-called damage functions, which relate climate change to economic damages and
benefits. Despite broad awareness of these uncertainties, it is unclear which
of them is most important, both on the global as well as the regional level.
Here we apply different damage functions to data from climate models with
vastly different climate sensitivities, and find that uncertainty in both
climate sensitivity and economic damage per degree of warming are of similar
importance for the global economic impact. Increasing the climate sensitivity
or the sensitivity of the damage function both increases the economic damages
globally. Yet, at the country-level the effect varies depending on the initial
temperature as well as how much the country warms. Our findings emphasise the
importance of including these uncertainties in estimates of future economic
impacts, as they both are vital for the resulting impacts and thus policy
implications.

19
The categories of this paper are: eess
17
The categories of this paper are: q-fin
16
The categories of this paper are: stat
10
The categories of this paper are: q-bio
35
The categories of this paper are: mtrl-th
36
The categories of this paper are: cmp-lg
9
The categories of this paper are: nlin
21
The categories of this paper are: adap-org
2
The categories of this paper are: math
26
The categories of this paper are: bayes-an
37
The categories of this paper are: supr-con
14
The categories of this paper are: math-ph
13
The categories of this paper are: quant-ph
6
The categories of this paper are: astro-ph
1
The categories of this paper are: cs
33
The categories of this paper are: plasm-ph