On the spatial economic impact of global warming

被引:91
作者
Desmet, Klaus [1 ]
Rossi-Hansberg, Esteban [2 ,3 ]
机构
[1] So Methodist Univ, Dept Econ, Dallas, TX 75205 USA
[2] Princeton Univ, Dept Econ, Princeton, NJ 08544 USA
[3] Princeton Univ, Woodrow Wilson Sch, Princeton, NJ 08544 USA
关键词
Space; Climate change; Geography; Migration; Trade; Innovation; Growth; Mobility frictions; CLIMATE-CHANGE; AGRICULTURAL OUTPUT; RANDOM FLUCTUATIONS; TEMPERATURE; WEATHER; YIELDS;
D O I
10.1016/j.jue.2015.04.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
\ We propose a dynamic spatial theory to analyze the geographic impact of climate change. Agricultural and manufacturing firms locate on a hemisphere. Trade is costly, firms innovate, and technology diffuses over space. Emissions from energy used in production contribute to the atmospheric stock of carbon, which increases temperature. Warming differs across latitudes and its effect on productivity varies across sectors. We calibrate the model to analyze how climate change affects the spatial distribution of economic activity, trade, migration, growth, and welfare. We assess quantitatively the impact of migration and trade restrictions, energy taxes, and innovation subsidies. (C) 2015 Elsevier Inc. All rights reserved.
引用
收藏
页码:16 / 37
页数:22
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