《On the spatial economic impact of global warming》

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作者
来源
来源 JOURNAL OF URBAN ECONOMICS,Vol.88,P.16-37
语言
英文
关键字
E00;F10;F18;R00;R11;Q56;Space;Climate change;Geography;Migration;Trade;Innovation;Growth;Mobility frictions
作者单位
Department of Economics, Southern Methodist University, 3300 Dyer, Dallas, TX 75205, United States;Department of Economics and Woodrow Wilson School, Princeton University, 309 Fisher Hall, Princeton, NJ 08544-1021, United States;Department of Economics, Southern Methodist University, 3300 Dyer, Dallas, TX 75205, United States;Department of Economics and Woodrow Wilson School, Princeton University, 309 Fisher Hall, Princeton, NJ 08544-1021, United States
摘要
We propose a dynamic spatial theory to analyze the geographic impact of climate change. Agricultural and manufacturing firms locate on a hemisphere. Trade is costly, firms innovate, and technology diffuses over space. Emissions from energy used in production contribute to the atmospheric stock of carbon, which increases temperature. Warming differs across latitudes and its effect on productivity varies across sectors. We calibrate the model to analyze how climate change affects the spatial distribution of economic activity, trade, migration, growth, and welfare. We assess quantitatively the impact of migration and trade restrictions, energy taxes, and innovation subsidies.