  In this paper, we survey recent econometric contributions to measure the
relationship between economic activity and climate change. Due to the critical
relevance of these effects for the well-being of future generations, there is
an explosion of publications devoted to measuring this relationship and its
main channels. The relation between economic activity and climate change is
complex with the possibility of causality running in both directions. Starting
from economic activity, the channels that relate economic activity and climate
change are energy consumption and the consequent pollution. Hence, we first
describe the main econometric contributions about the interactions between
economic activity and energy consumption, moving then to describing the
contributions on the interactions between economic activity and pollution.
Finally, we look at the main results on the relationship between climate change
and economic activity. An important consequence of climate change is the
increasing occurrence of extreme weather phenomena. Therefore, we also survey
contributions on the economic effects of catastrophic climate phenomena.

Econometrics;Applications