The specific focus of this seminal work is on the economic impact of climate change on agriculture world wide, and how faced with the resultant environmental alterations, agriculture might adapt under varied and varying conditions. Enhanced with a detailed and comprehensive index, Climate Change and Agriculture is highly recommended for academic library environmental studies and economic studies reference collections and supplemental reading lists. The Midwest Book Review Despite its great importance, there are surprisingly few economic studies of the impact of climate on agriculture and how agriculture can adapt under a variety of conditions. This book examines 22 countries across four continents, including both developed and developing economies. It provides both a good analytical basis for additional work and solid results for policy debate concerning income distributional effects such as abatement, adaptation, and equity. Agriculture and grazing are a central sector in the livelihood of many people, particularly in developing countries. This book uses the Ricardian method to examine the impact of climate change on agriculture. It also quantifies how farmers adapt to climate. The findings suggest that agriculture in developing countries is more sensitive to climate than agriculture in developed countries. Rain-fed cropland is generally more sensitive to warming than irrigated cropland and cropland is more sensitive than livestock. The adaptation to climate change results reveal that farmers make many adjustments including switching crops and livestock species, adopting irrigation, and moving between livestock and crops. The results also reveal that impacts and adaptations vary a great deal across landscapes, suggesting that adaptation policies must be location specific. Finally, the book suggests a research agenda for the future. Economists in academia and the public sector, policy analysts and development agencies will find this broad study illuminating.
This technical volume makes the case that air pollution policy in the United States can be improved through consideration of both the marginal abatement costs facing regulated sources, and the marginal damages associated with their emissions.
Originally published in 1979, this book discusses the model developed to deal with air pollution from coal fired power plants, but it broadly also illustrates how available scientific information can be organized to improve our understanding of pollution control. This information enables economists to discuss the relevant consequences of specific air pollution abatement strategies. In order to demonstrate the usefulness of a computer based environmental model, the model is applied to a specific case study. The object of the case study is the control of air pollution from a coal-fired, electrical generating station in New Haven, USA. The research contained in this volume advances applied risk analysis by combining the insights of economics and environmental sciences.
America has struggled to strike the proper balance between environmental stewardship and economic well-being when regulating air pollution. Economics Professors Nicholas Muller and Robert Mendelsohn suggest a path-breaking solution to this conundrum: an original and efficient regulatory model that they contend would lead to both clearer air and millions in industry savings. ... Muller and Mendelsohn illustrate the shortcomings of current air pollution policy, demonstrating how catch-all solutions fail to distinguish between different regions where the costs of pollution damages vary widely. The authors provide convincing evidence of these failures: pollution in urban areas, for example, does more harm than it does in rural areas -- but those differences are not accounted for. Muller and Mendelsohn lay out an innovative and prioritized roadmap to reform this outdated policy, proposing that air pollution policy should account for the damage done by pollutants based on their location. This path-breaking system would enable policymakers to establish taxes or tradable permits that result in efficient outcomes that neither over-value nor under-value pollution damages. At once a documentation of failures, a record of successes, and a convincing argument for change, Using Marginal Damages in Environmental Policy contends that striking an acceptable balance between environmental and economic health is not an impossible task."--Provided by publisher.
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