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Contributions towards climate change vulnerability and resilience from institutional economics

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  • Diaz Simal, P.
  • Torres Ortega, S.

Abstract

This paper analyzes the various contributions made in the economic literature that influence climate change vulnerability. We try to create conceptual order and transparence in the contributions identifying the assumptions and constraints that each school has introduced into academic debate and practical application. We analyze the conceptual framework that articulates the debate, review the theoretical approaches developed in the literature identifying the object of analysis and the basics of each theory, so that the real model implications are established in each case study. From this scheme we derive a clarifying proposal for organizing theoretical discourse. We specifically focus on the theoretical assumptions underlying each model. We conclude with some criteria for choosing the right models in each case and a general guideline for future research

Suggested Citation

  • Diaz Simal, P. & Torres Ortega, S., 2011. "Contributions towards climate change vulnerability and resilience from institutional economics," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 11(01), pages 1-18, November.
    • Handle: RePEc:ags:earnsa:117621
    DOI: 10.22004/ag.econ.117621
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    References listed on IDEAS

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    1. Sen, Amartya K, 1979. "Personal Utilities and Public Judgements: Or What's Wrong with Welfare Economics?," Economic Journal, Royal Economic Society, vol. 89(355), pages 537-558, September.
    2. Sen, Amartya K, 1976. "Poverty: An Ordinal Approach to Measurement," Econometrica, Econometric Society, vol. 44(2), pages 219-231, March.
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    Cited by:

    1. Saúl Torres Ortega & Nick Hanley & Pedro Diaz Simal, 2014. "A Proposed Methodology for Prioritizing Project Effects to Include in Cost-Benefit Analysis Using Resilience, Vulnerability and Risk Perception," Sustainability, MDPI, vol. 6(11), pages 1-22, November.
    2. Le, Thai-Ha & Chang, Youngho & Park, Donghyun, 2016. "Governance, Vulnerability to Climate Change, and Green Growth: International Evidence," ADB Economics Working Paper Series 500, Asian Development Bank.

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