The amenity value of the global climate / David Maddison.

Format:

Book

Author/Creator:

Maddison, David, 1965-

Language:

English

Subjects (All):

Climatic changes--Economic aspects.

Climatic changes.

Human ecology.

Weather--Economic aspects.

Local Subjects:

Weather--Economic aspects.

Physical Description:

xv, 144 pages ; 24 cm

Place of Publication:

London ; Sterling, VA : Earthscan Publications, 2001.

Summary:

This text develops and applies a far-reaching account of the economic value of climate, derived from its amenity value or the benefits which a particular climate provides to the people of that region or country. As climate change moves higher on the economic and political agendas, reliable measures of the benefits and costs of specific climates and changes to them become ever-more critical. Detailed studies of a range of countries including Britain, the US, India and Russia, show that the mobility of the population is crucial. When individuals are able to move, the amenity value of the climate is reflected in land prices and wage rates. Without mobility, amenity values emerge in patterns of purchasing, either to compensate for the disadvantages of the climate or to make best use of it. Indices are generated for the cost of living as a function of climate variables, and optimal climates are identified to determine who wins and who loses from climate change.

Contents:

1 The amenity value of the climate of Britain 1

2 The amenity value of the climate: The Household Production Function approach 25

3 The impact of climate change on agriculture in Britain 40

4 In search of warmer climates: the impact of climate change on flows of British tourists 53

5 The amenity value of the climate of Italy / David Maddison, Andrea Bigano 67

6 The effects of climate on welfare and well-being in Russia / Paul Frijters, Bernard van Praag 77

7 A hedonic study of the non-market impacts of global warming in the US / Robert Mendelsohn 93

8 The amenity value of the climate of India: A Household Production Function approach 106

Appendix 1 The impact of climate change on agriculture in Britain 118

Appendix 2 The effects of climate on welfare and well-being in Russia 120

Appendix 3 A hedonic study of the non-market impacts of global warming in the US 124.

Notes:

Includes bibliographical references (pages [130]-137) and index.

ISBN:

1853836788

185383677X

OCLC:

45024418