世界银行：评估巴拉圭随机气候冲击的宏观经济影响（英文版）

This paper examines the macroeconomic consequences of climate shocks in Paraguay, a small and open agricultural exporter that is highly exposed to droughts and floods. Utilizing a modified version of the World Bank’s Macro-Fiscal Model, the analysis integrates stochastic climate shocks drawn from external biophysical models to assess the impacts of extreme weather events such as droughts, heatwaves and floods on agriculture and livestock production and labor productivity in Paraguay. The find