TITLE

Endogenous Land use and the Ricardian Valuation of Climate Change

AUTHOR(S)
Timmins, Christopher
PUB. DATE
January 2006
SOURCE
Environmental & Resource Economics;Jan2006, Vol. 33 Issue 1, p119
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The Ricardian technique uses cross-sectional variation in the capitalized value of climate in land to infer the agricultural costs or benefits of dynamic climate change. While a practical approach for predicting the consequences of global warming with readily available data, it may yield biased results when land-use decisions depend on the climate attributes being valued and when land has unobserved attributes that differ with the use to which it is put. This paper illustrates the conditions under which such a bias will occur, describes an empirical model that corrects for it, and estimates that model with agricultural census data from Brazil. The approach, moreover, allows constraints on adjustment to be explicitly incorporated into the Ricardian framework, relaxing one of that technique’s most conspicuous assumptions.
ACCESSION #
19029022

 

Related Articles

  • Cloudy Skies: Assessing Public Understanding of Global Warming. Sterman, John D.; Sweeney, Linda Booth // Reflections;2006, Vol. 7 Issue 3, p36 

    This article is adapted from the original paper of the same title that appeared in System Dynamics Review, Vol. 18 No. 2. SoL members can access the full article, as well as other articles by the authors, through the SoL Library at www.solonline.org/library. An online climate change simulator,...

  • The Heat Is On. Jannot, Mark // Popular Science;Aug2005, Vol. 267 Issue 2, p8 

    Focuses on the approaches that can be taken to address the issue of climate change. Effects of global warming; Influence of human activities on the occurrence of global warming according to a study that reviewed scientific papers on global warming between 1993 and 2003.

  • Now climates face extinction.  // New Scientist;3/31/2007, Vol. 193 Issue 2597, p6 

    This article discusses how half of the world's climates may vanish by the year 2107 as a result of global warming. New types of climate will emerge with higher temperatures and more rain. John Williams of the University of Wisconsin, Madison, suggests that it is the coldest climates that will be...

  • Increasing destructiveness of tropical cyclones over the past 30 years. Emanuel, Kerry // Nature;8/4/2005, Vol. 436 Issue 7051, p686 

    Theory and modelling predict that hurricane intensity should increase with increasing global mean temperatures, but work on the detection of trends in hurricane activity has focused mostly on their frequency and shows no trend. Here I define an index of the potential destructiveness of...

  • SOLAR EFFECT AND CLIMATE CHANGE. Kabela, Erik; Scafetta, Nicola // Bulletin of the American Meteorological Society;Jan2008, Vol. 89 Issue 1, p34 

    The article offers information about the comments made by Nicola Scafetta, a specialist in mathematical sorting of time series and other data from complex system, regarding the findings and the methodology implemented in theoretical climate models in the U.S. She stressed that such findings...

  • Effects of Regional Warming due to Urbanization on Daytime Local Circulations in a Complex Basin of the Daegu Metropolitan Area, Korea. Soon-Hwan Lee; Hae-Dong Kim // Journal of Applied Meteorology & Climatology;May2008, Vol. 47 Issue 5, p1427 

    Numerical and observational analyses were conducted using realistic and historical three-set land-use data over 40 yr from 1963 to 2002 to evaluate regional warming in the Daegu metropolitan area due to dramatic land-use alterations in the basin area and to quantitatively estimate the influence...

  • CASSANDRA.  // Ecologist;Mar2007, Vol. 37 Issue 2, p66 

    The article presents information on the seminar titled "Trade In a Changing Climate," run by the Conservative Party at the Royal Society of Arts in London, England in February 2007. Speaker Julian Morris of International Policy Network produced a stream of statistics to show that, over the past...

  • Global warming: is it already too late? Lynas, Mark // New Statesman;5/17/2004, Vol. 133 Issue 4688, p28 

    Presents an essay on climate change and global warming. Rise of carbon dioxide levels; Paper published by the United Kingdom Meteorological Office's Hadley Center in "Nature" regarding the results of a computer simulation of the future global carbon cycle; Impact of methane hydrate failure on...

  • While Washington Slept. Hertsgaard, Mark // Vanity Fair;May2006, Issue 549, p200 

    The article focuses on the failure of the U.S. government to prepare for the risks associated with the potential occurrence of global climate changes. The Queen of England has scheduled a meeting with President George W. Bush regarding the environmental situation. However, the administration did...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics