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Analyzing the Economic Impact of Climate Change on Global Timber Markets

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  • Sedjo, Roger

    (Resources for the Future)

  • Sohngen, Brent
  • Mendelsohn, Robert
  • Lyon, Kenneth

Abstract

In this paper, we show how ecological and economic models can be linked to determine the economic impact of climate change on global timber markets. We begin by discussing some of the important issues relevant to global impact analyses such as this. We then outline our general modeling framework and discuss the particular models that will be used. Finally, we discuss some of the important issues involved with linking the two types of models. The authors would like to acknowledge the help of Ron Neilson, who provided us with information, data, and output from the ecological model, MAPSS (Mapped Atmosphere-Plant-Soil System).

Suggested Citation

  • Sedjo, Roger & Sohngen, Brent & Mendelsohn, Robert & Lyon, Kenneth, 1996. "Analyzing the Economic Impact of Climate Change on Global Timber Markets," RFF Working Paper Series dp-96-08, Resources for the Future.
    • Handle: RePEc:rff:dpaper:dp-96-08
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    References listed on IDEAS

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    1. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-937, July.
    2. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39.
    3. Mendelsohn, Robert & Nordhaus, William D & Shaw, Daigee, 1994. "The Impact of Global Warming on Agriculture: A Ricardian Analysis," American Economic Review, American Economic Association, vol. 84(4), pages 753-771, September.
    4. Lyon, Kenneth S., 1981. "Mining of the forest and the time path of the price of timber," Journal of Environmental Economics and Management, Elsevier, vol. 8(4), pages 330-344, December.
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    Cited by:

    1. Tol, Richard S.J., 2005. "Emission abatement versus development as strategies to reduce vulnerability to climate change: an application of FUND," Environment and Development Economics, Cambridge University Press, vol. 10(5), pages 615-629, October.

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