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The economic geography of the impacts of climate change

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  • Gary Yohe
  • Michael Schlesinger

Abstract

Our ability to understand the geographical dispersion of the impacts of climate change has not yet progressed to the point of being able to quantify costs and benefits distributed across globe along one or more climate scenarios in any meaningful way. We respond to this chaotic state of affairs by offering a brief introduction to the potential impacts of a changing climate along five geographically dispersed portraits of how the future climate might evolve and by presenting a modern approach to contemplating vulnerability to climate impacts that has been designed explicitly to reflect geographic diversity and uncertainty. Three case studies are offered to provide direct evidence of the potential value of adaptation in reducing the cost of climate impacts, the versatility of thinking about the determinants of adaptive capacity for specific regions or sectors, and the feasibility of exploring both across a wide range of 'not-implausible' climate and socio-economic scenarios. Three overarching themes emerge: adaptation matters, geographic diversity is critical, and enormous uncertainty must be recognized and accommodated. Copyright 2002, Oxford University Press.

Suggested Citation

  • Gary Yohe & Michael Schlesinger, 2002. "The economic geography of the impacts of climate change," Journal of Economic Geography, Oxford University Press, vol. 2(3), pages 311-341, July.
    • Handle: RePEc:oup:jecgeo:v:2:y:2002:i:3:p:311-341
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    Cited by:

    1. Anna Alberini & Paolo Rosato & Alberto Longo & Valentina Zanatta, 2005. "Information and Willingness to Pay in a Contingent Valuation Study: The Value of S. Erasmo in the Lagoon of Venice," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 48(2), pages 155-175.
    2. Matthias Schmidt & Hermann Held & Elmar Kriegler & Alexander Lorenz, 2013. "Climate Policy Under Uncertain and Heterogeneous Climate Damages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 79-99, January.
    3. Alberini, Anna & Chiabai, Aline & Muehlenbachs, Lucija, 2005. "Using Expert Judgment to Assess Adaptive Capacity to Climate Change: Evidence From a Conjoint Choice Survey," Sustainability Indicators and Environmental Valuation Working Papers 12216, Fondazione Eni Enrico Mattei (FEEM).
    4. Mushtaq, Shahbaz & Cockfield, Geoff & White, Neil & Jakeman, Guy, 2014. "Modelling interactions between farm-level structural adjustment and a regional economy: A case of the Australian rice industry," Agricultural Systems, Elsevier, vol. 123(C), pages 34-42.
    5. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 09916, Department of Economics, University of Sussex Business School.
    6. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 9916, Department of Economics, University of Sussex.
    7. Naeem Akram, 2012. "Is climate change hindering economic growth of Asian economies?," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 19(2), pages 1-18, December.
    8. Richard S. J. Tol, 2009. "The Economic Effects of Climate Change," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 29-51, Spring.
    9. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
    10. Olena Zhytkevych, 2021. "Development of principles for construction of a rational method for formalization the assessment process of the negative impact of the environmental problem on the competitive market," Technology audit and production reserves, Socionet;Technology audit and production reserves, vol. 4(4(60)), pages 19-23.
    11. Mohammad Assaduzzaman & Tatiana Filatova & Jon C. Lovett & Frans H. J. M. Coenen, 2023. "Gender-Ethnicity Intersectionality in Climate Change Adaptation in the Coastal Areas of Bangladesh," Sustainability, MDPI, vol. 15(4), pages 1-14, February.
    12. Otrachshenko, Vladimir & Nunes, Luis C., 2022. "Fire takes no vacation: impact of fires on tourism," Environment and Development Economics, Cambridge University Press, vol. 27(1), pages 86-101, February.
    13. S. Prabhakar & Ancha Srinivasan & Rajib Shaw, 2009. "Climate change and local level disaster risk reduction planning: need, opportunities and challenges," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(1), pages 7-33, January.

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