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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24645 |
来源ID | Working Paper 24645 |
The Critical Role of Markets in Climate Change Adaptation | |
Sarah E. Anderson; Terry L. Anderson; Alice C. Hill; Matthew E. Kahn; Howard Kunreuther; Gary D. Libecap; Hari Mantripragada; Pierre Mérel; Andrew Plantinga; V. Kerry Smith | |
发表日期 | 2018-05-28 |
出版年 | 2018 |
语种 | 英语 |
摘要 | This paper summarizes and synthesizes the role of markets in facilitating climate change adaptation. It explains how market signals encourage adaptation through land markets. It also identifies impediments to critical market signals, provides related policy recommendations, and points to promising new technologies. Urban, coastal, and agricultural land markets provide effective signals of the emerging costs of climate change. These signals encourage adjustments by both private owners and by policy officials in taking preemptive action to reduce costs. In agriculture, they promote consideration of new cropping and tillage practices, seed types, timing, and location of production. They also stimulate use of new irrigation technologies. In urban areas, they motivate new housing construction, elevation, and location away from harm. They channel more efficient use of water and its application to parks and other green areas to make urban settings more desirable with higher temperatures. To be effective, however, land markets must reflect multiple traders and prices must be free to adjust. Where these conditions are not met, land market signals will be inhibited and market-driven adaptation will be reduced. Because public policy is driven by constituent demands, it may not be a remedy. The evidence of the National Flood Insurance Program and federal wildfire response illustrates how politically difficult it may be to adjust programs to be more adaptive. |
主题 | Environmental and Resource Economics ; Agriculture ; Renewable Resources ; Environment ; Regional and Urban Economics ; Regional Economics |
URL | https://www.nber.org/papers/w24645 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582319 |
推荐引用方式 GB/T 7714 | Sarah E. Anderson,Terry L. Anderson,Alice C. Hill,et al. The Critical Role of Markets in Climate Change Adaptation. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24645.pdf(577KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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