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The economic assessment of changes in ecosystem services: and application of the CGE methodology

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  • Bosello, Francesco
  • Eboli, Fabio
  • Parrado, Ramiro
  • Nunes, Paulo A.L.D.
  • Ding, Helen
  • Rosa, Renato

Abstract

The present study integrates Computable General Equilibrium (CGE) modelling with biodiversity services, proposing a possible methodology for assessing climate-change impacts on ecosystems. The assessment focuses on climate change impacts on carbon sequestration services provided by European forest, cropland and grassland ecosystems and on provisioning services, but provided by forest and cropland ecosystems only. To do this via a CGE model it is necessary to identify first the role that these ecosystem services play in marketable transactions; then how climate change can impact these services; and finally how the economic system reacts to those changes by adjusting demand and supply across sectors, domestically and internationally

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File URL: http://purl.umn.edu/117622
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Bibliographic Info

Article provided by Spanish Association of Agricultural Economists in its journal Economia Agraria y Recursos Naturales.

Volume (Year): 11 (2011)
Issue (Month): 1 ()
Pages:

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Handle: RePEc:ags:earnsa:117622

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Related research

Keywords: Climate change; ecosystems services; integrated assessment; CGE; Environmental Economics and Policy; C68; Q51; Q54; Q57;

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  1. Fabio Eboli & Ramiro Parrado & Roberto Roson, 2009. "Climate Change Feedback on Economic Growth: Explorations with a Dynamic General Equilibrium Model," Working Papers 2009.43, Fondazione Eni Enrico Mattei.
  2. Roberto Roson & Enrica de Cian & Elisa Lanzi, 2007. "The Impact of Temperature Change on Energy Demand a Dynamic Panel Analysis," Working Papers 2007_06, Department of Economics, University of Venice "Ca' Foscari".
  3. Oliver Deke & Kurt Georg Hooss & Christiane Kasten & Gernot Klepper & Katrin Springer, 2001. "Economic Impact of Climate Change: Simulations with a Regionalized Climate-Economy Model," Kiel Working Papers 1065, Kiel Institute for the World Economy.
  4. Helen Ding & Silvia Silvestri & Aline Chiabai & Paulo A.L.D. Nunes, 2010. "A Hybrid Approach to the Valuation of Climate Change Effects on Ecosystem Services: Evidence from the European Forests," Working Papers 2010.50, Fondazione Eni Enrico Mattei.
  5. Bosello, Francesco & Roson, Roberto & Tol, Richard S.J., 2006. "Economy-wide estimates of the implications of climate change: Human health," Ecological Economics, Elsevier, vol. 58(3), pages 579-591, June.
  6. Roberto Roson & Francesco Bosello & Andrea Bigano & Richard S.J. Tol, 2008. "Economy-Wide Impacts of Climate Change: A Joint Analysis for Sea Level Rise and Tourism," Working Papers 2008_06, Department of Economics, University of Venice "Ca' Foscari".
  7. Alvaro Calzadilla & Katrin Rehdanz & Richard S.J. Tol, 2008. "The Eonomic Impact Of More Sustainable Water Use In Agriculture: A Computable General Equilibrium Analysis," Working Papers FNU-169, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2008.
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