IDEAS home Printed from https://ideas.repec.org/a/zag/zirebs/v17y2014i1p87-94.html
   My bibliography  Save this article

Modelling Economic Consequences of Climate Change Impacts on Ground Transportation in Atlantic Canada

Author

Listed:
  • Yuri Yevdokimov

    (Department of Economics, University of New Brunswick, Fredericton, New Brunswick, Canada)

Abstract

Transportation is one of the most important sectors of Atlantic Canada’s economy. In a sense it is a backbone of the regional economy since it provides means for moving people and freight throughout the region and eventually stimulates regional economic growth and development through national and international trade. However, according to numerous studies, the region is vulnerable to climate change impacts which among other things will affect transportation infrastructure and operations. In this study, climate change impacts are analyzed with respect to the New Brunswick/Nova Scotia Transport Corridor (NB/NS TC) located in Atlantic Canada – the main trade gateway in the region that connects seaports with the North American continent. First, major climate change impacts in the area are identifi ed. Second, the best economic model to evaluate consequences of the climate change impacts is chosen. Third, using the existing literature and studies that describe future climate changes in the region, various scenarios of future challenges for the NB/NS TC are specified. Finally, economic consequences of the regional climate change impacts on the NB/NS TC are evaluated. The above specified consequences are imposed on a dynamic economic model and their cumulative impacts are traced over time. JEL Classification: Q51, Q54, D58

Suggested Citation

  • Yuri Yevdokimov, 2014. "Modelling Economic Consequences of Climate Change Impacts on Ground Transportation in Atlantic Canada," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 17(1), pages 87-94, May.
    • Handle: RePEc:zag:zirebs:v:17:y:2014:i:1:p:87-94
    as

    Download full text from publisher

    File URL: http://www.efzg.hr/default.aspx?id=20402
    Download Restriction: Abstract only available on-line
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Transportation; climate change impacts; general equilibrium model; econometric estimation; computer simulation;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zag:zirebs:v:17:y:2014:i:1:p:87-94. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jurica Šimurina (email available below). General contact details of provider: https://edirc.repec.org/data/fefzghr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.