The Impact of Climate Change on the United States Economy

Mendelsohn, Robert; Neumann, James E.

doi:10.1017/cbo9780511573149

Cited by 149 publications

(1 citation statement)

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“…Despite its shortcomings, Ricardian model has been extensively applied to a number of countries such as United States (Mendelsohn et al, 1994(Mendelsohn et al, , 1999, Brazil (Sanghi, 1998) China (Liu et al, 2004) and India Kumar & Parikh, 1998, 2001. Similar approach has been applied in Africa: Cameroon (Molua, 2002, Molua & Lambi, 2006, Senegal (Sene et al, 2006), Kenya (Kabubo & Karanja, 2007), Srilanka (Seo et al, 2005;Kurukulasuriya & Ajwad, 2004), Ethiopia (Deressal et al, 2005) South Africa (Gbetibou & Hassan, 2005), Egypt (Eid et al, 2005) and Nigeria (Ajetomobi et al, 2011;Fonta et al, 2011).…”

Section: Literature Review/theoretical Frameworkmentioning

confidence: 99%

Economic Effects of Climate Change on Maize Production and Farmers’ Adaptation Strategies in Nigeria: A Ricardian Approach

Coster¹,

Adeoti²

2015

JAS

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Increasing threat of climate change is aggravating the problem of declining agricultural productivity in the face of rapid population growth. This implies that rural sustainance and food security is under threat and stress. Given that crops differ in climate requirements and economic importance, analysis of the attendant effect of climate change on specific crop remains to be adequately explored. This study uses Ricardian approach to examine the effects of climate change on maize production in Nigeria.Multistage sampling technique was employed for the study. Data were collected on 346 maize-based farming households in three different agro-ecological zones of Nigeria.Average age of the farmers and household size were 45years and 8 persons respectively. Average years of farming experience and years of schooling were 25.6 and 6.5 years respectively. The empirical results showed that maize net revenue is sensitive to climate change. Seasonal marginal impact analysis showed that increase in rainfall during rainy season increased Maize Net Revenue (MNR) in rainforest, guinea and montane savanna respectively. Marginal increase in rainfall during the dry season increased MNR in rainforest while it decreased MNR in guinea and montane savanna respectively. However, marginal increase in temperature during dry season has positive impacts on MNR in all AEZs. The predicted results using a range of climate scenarios confirm that climate change will have negative impact on maize net revenue in the future. Maize Farmers have taken adaptive measures against climate change which are changing the planting dates, changed land-use practices, mixed cropping and mixed farming. The major barriers to adaptation are inadequate credit or saving and inadequate knowledge of appropriate adaptation strategies suited for the local climate conditions.

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Section: Literature Review/theoretical Frameworkmentioning

confidence: 99%

Economic Effects of Climate Change on Maize Production and Farmers’ Adaptation Strategies in Nigeria: A Ricardian Approach

Coster¹,

Adeoti²

2015

JAS

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Radical Environmentalists

Emeritus

2002

Terrorism, Radicalism, and Populism in Agriculture

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Modeling health insurance expansions: Effects of alternate approaches

Remler

Zivin

Glied

2004

J Policy Anal Manage

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Estimates of the costs and consequences of many types of public policy proposals play an important role in the development and adoption of particular policy programs. Estimates of the same, or similar, policies that employ different modeling approaches can yield widely divergent results. Such divergence often undermines effective policymaking. These problems are particularly prominent for health insurance expansion programs. Concern focuses on predictions of the numbers of individuals who will be insured and the costs of the proposals. Several different simulation-modeling approaches are used to predict these effects, making the predictions difficult to compare. This paper categorizes and describes the different approaches used; explains the conceptual and theoretical relationships between the methods; demonstrates empirically an example of the (quite restrictive) conditions under which all approaches can yield quantitatively identical predictions; and empirically demonstrates conditions under which the approaches diverge and the quantitative extent of that divergence. All modeling approaches implicitly make assumptions about functional form that impose restrictions on unobservable heterogeneity. Those assumptions can dramatically affect the quantitative predictions made.

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The Impact of Climate Change on the United States Economy

Cited by 149 publications

References 0 publications

Economic Effects of Climate Change on Maize Production and Farmers’ Adaptation Strategies in Nigeria: A Ricardian Approach

Economic Effects of Climate Change on Maize Production and Farmers’ Adaptation Strategies in Nigeria: A Ricardian Approach

Radical Environmentalists

Modeling health insurance expansions: Effects of alternate approaches

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