Advertisement

Economics and Global Climate Change

  • David N. Wear
Part of the Ecological Studies book series (ECOLSTUD, volume 128)

Abstract

Global climate change portends important changes in both the structure and the extent of forestlands in the U.S. South. Climate and biological response models suggest that even modest changes in temperature and precipitation could strongly alter net primary productivity, species ranges, and even the area over which trees can persist (VEMAP Members, 1995). Although the collection of these models produces a broad variety of—and in some cases countervailing—climate change forecasts, they clearly raise concern over the future structure and function of ecosystems and ultimately the welfare of people in the region. The objective of this chapter is to explore our present ability to estimate the potential economic effects of climate change and the effects of efforts to mitigate climate change.

Keywords

Contingent Valuation Mitigate Climate Change Timber Production Timber Supply Southern Forest 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Baumol WJ, Oates WE (1988) The theory of environmental policy. Second edition. Cambridge University Press, New York.Google Scholar
  2. Holmes TP, Kramer RA (1996) Contingent valuation of ecosystem health. Ecosys Health 2(1):56–60.Google Scholar
  3. Lee KJ (1996) Natural resource accounting: Counting the forest and the trees. In SOFEW‘95, A world of forestry. Proceedings of the 1995 South For Econ Workshop, New Orleans, LA. April 17–19.Google Scholar
  4. Mendelsohn R, Nordhaus WO, Shaw D (1994) The impact of global warming on agriculture: A Ricardian analysis. Am Econ Rev 84(4):753–771.Google Scholar
  5. Newman DH (1987) An econometric analysis of the Southern softwood stumpage market: 1950–1980. For Sci 33(4):932–945.Google Scholar
  6. Newman DH, Wear DN (1993) Production economics of private forestry: A comparison of industrial and nonindustrial forest owners. Am J Agri Econ 75:674–684.CrossRefGoogle Scholar
  7. Sohngen B, Holmes T, Mendelsohn R (1993) Hedonic travel cost analysis of forest attribute values in the southern United States. In Policy and forestry: Design, evaluation, and spillovers. Proceedings of the 1993 Southern Forest Economics Workshop, April 21–23. Duke University, Durham, NC.Google Scholar
  8. VEMAP Members (1995) Vegetation/ecosystem modeling and analysis project: Comparing biogeography and biogeochemistry models in a continental-scale study of terrestrial ecosystem responses to climate change and CO2 doubling. Global Biogeochem Cyc 9(4):407–437.CrossRefGoogle Scholar
  9. Wear DN, Parks PJ (1994) The economics of timber supply: An analytical synthesis of modeling approaches. Nat Res Model 8(3): 199–223.Google Scholar

Copyright information

© Springer-Verlag New York, Inc. 1998

Authors and Affiliations

  • David N. Wear

There are no affiliations available

Personalised recommendations