Alumni
IWH Alumni The IWH maintains contact with its former employees worldwide. We involve our alumni in our work and keep them informed, for example, with a newsletter. We also plan…
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Media Response
Media Response November 2025 IWH: Ost-IHK-Chef redet Klartext: Der Mittelstand blutet aus - und die Regierung schaut weg in: Berliner Zeitung, 18.11.2025 IWH: Bericht zum…
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Macroeconomic Reports
Macroeconomic Reports Local and global: IWH regularly provides current economic data – be it about the state of the East German economy, the macroeconomic development in Germany…
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Research Articles
Research Articles Explore cutting-edge research based on CompNet’s micro-aggregated firm-level data and related analytical tools. These articles cover empirical and theoretical…
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Climate-resilient Economic Development in Vietnam: Insights from a Dynamic General Equilibrium Analysis (DGE-CRED)
Andrej Drygalla, Katja Heinisch, Christoph Schult
IWH Technical Reports,
No. 1,
2024
Abstract
In a multi-sector and multi-region framework, this paper employs a dynamic general equilibrium model to analyze climate-resilient economic development (DGE-CRED) in Vietnam. We calibrate sector and region-specific damage functions and quantify climate variable impacts on productivity and capital formation for various shared socioeconomic pathways (SSPs 119, 245, and 585). Our results based on simulations and cost-benefit analyses reveal a projected 5 percent reduction in annual GDP by 2050 in the SSP 245 scenario. Adaptation measures for the dyke system are crucial to mitigate the consumption gap, but they alone cannot sufficiently address it. Climate-induced damages to agriculture and labor productivity are the primary drivers of consumption reductions, underscoring the need for focused adaptation measures in the agricultural sector and strategies to reduce labor intensity as vital policy considerations for Vietnam’s response to climate change.
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Research Clusters
Three Research Clusters Each IWH research group is assigned to a topic-oriented research cluster. The clusters are not separate organisational units, but rather bundle the…
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Department Profiles
Research Profiles of the IWH Departments All doctoral students are allocated to one of the four research departments (Financial Markets – Laws, Regulations and Factor Markets –…
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Halle Institute for Economic Research
Job Market candidates from the IWH-DPE 2025/2026 Marius Fournés' dissertation explores how climate policy shapes cross-border capital flows and how globalisation influences…
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New CompNet Productivity Report
New Flagship CompNet Firm Productivity Report We Are Excited to Release the 2025 CompNet Firm Productivity Report We are pleased to announce the release of our 2025 Firm…
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Energy
Energy This research project focused on understanding the various channels through which energy efficiency is achieved within firms. The study aims to investigate these channels…
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