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Health and Amenity Effects of Global Warming

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  • Thomas Gale Moore

    (Hoover Institution Stanford University)

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    Abstract

    A somewhat warmer climate would probably reduce mortality in the United States and provide Americans with valuable benefits. Regressions of death rates in Washington, DC, and in some 89 urban counties scattered across the nation on climate and demographic variables demonstrate that warmer temperatures reduce deaths. The results imply that a 2.5° Celsius warming would lower deaths in the United States by about 40,000 per year. Although the data on illness are poor, the numbers indicate that warming might reduce medical costs by about $20 billion annually. Utilizing willingness to pay as a measure of preference, this paper regresses wage rates for a few narrowly defined occupations in metropolitan areas on measures of temperature and size of city and finds that people prefer warm climates. Workers today would be willing to give up between $40 billion and $61 billion in wages for a 2.5°C increase in temperatures.

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    Bibliographic Info

    Paper provided by EconWPA in its series Others with number 9604001.

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    Length: 27 pages
    Date of creation: 17 Apr 1996
    Date of revision:
    Handle: RePEc:wpa:wuwpot:9604001

    Note: Type of Document - HTML; prepared on Mac; pages: 27; figures: one. Prepared in Word and translated into HTML. A copy can be found with figure on http://hoover.stanford.edu/~moore/publications.html
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    Web page: http://128.118.178.162

    Related research

    Keywords: global warming; amenity values; value of life; death rates;

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    References

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    1. Graves, Philip E., 1980. "Migration and climate," MPRA Paper 19916, University Library of Munich, Germany.
    2. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39.
    3. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-37, July.
    4. Blomquist, Glenn C & Berger, Mark C & Hoehn, John P, 1988. "New Estimates of Quality of Life in Urban Areas," American Economic Review, American Economic Association, vol. 78(1), pages 89-107, March.
    5. Graves, Philip E & Waldman, Donald M, 1991. "Multimarket Amenity Compensation and the Behavior of the Elderly," American Economic Review, American Economic Association, vol. 81(5), pages 1374-81, December.
    6. Gyourko, Joseph & Tracy, Joseph, 1991. "The Structure of Local Public Finance and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 774-806, August.
    7. Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-78, December.
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