Climate Amenities, Climate Change, and American Quality of Life

被引:121
作者
Albouy, David [1 ,2 ]
Graf, Walter [3 ]
Kellogg, Ryan [2 ,4 ]
Wolff, Hendrik [5 ]
机构
[1] Univ Illinois, Dept Econ, Chicago, IL 60680 USA
[2] NBER, Cambridge, MA 02138 USA
[3] Univ Calif Berkeley, Dept Agr & Resource Econ, Berkeley, CA 94720 USA
[4] Univ Michigan, Dept Econ, Ann Arbor, MI 48109 USA
[5] Simon Fraser Univ, Dept Econ, Burnaby, BC V5A 1S6, Canada
关键词
Amenity valuation; Climate change; Hedonic model; Household sorting; Impact assessment; Quality of life; AGRICULTURAL OUTPUT; RANDOM FLUCTUATIONS; ECONOMIC-IMPACTS; MIGRATION; WEATHER; DEMAND; WAGES; TEMPERATURE; HOUSEHOLDS; MORTALITY;
D O I
10.1086/684573
中图分类号
F [经济];
学科分类号
02 ;
摘要
We present a hedonic framework to estimate US households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor a daily average temperature of 65 degrees Fahrenheit, that they will pay more on the margin to avoid excess heat than cold, and that damages increase less than linearly over extreme cold. These preferences vary by location due to sorting or adaptation. Changes in climate amenities under business-as-usual predictions imply annual welfare losses of 1%-4% of income by 2100, holding technology and preferences constant.
引用
收藏
页码:205 / 246
页数:42
相关论文
共 58 条
[1]  
Albouy D., 2012, 14472 NBER
[2]   Driving to opportunity: Local rents, wages, commuting, and sub-metropolitan quality of life [J].
Albouy, David ;
Lue, Bert .
JOURNAL OF URBAN ECONOMICS, 2015, 89 :74-92
[3]  
Albouy David, 2015, 19919 NBER
[4]   Selection on observed and unobserved variables: Assessing the effectiveness of Catholic schools [J].
Altonji, JG ;
Elder, TE ;
Taber, CR .
JOURNAL OF POLITICAL ECONOMY, 2005, 113 (01) :151-184
[5]  
[Anonymous], 18756 NBER
[6]  
ARELLANO M, 1987, OXFORD B ECON STAT, V49, P431
[7]   Demand estimation with heterogeneous consumers and unobserved product characteristics: A hedonic approach [J].
Bajari, P ;
Benkard, CL .
JOURNAL OF POLITICAL ECONOMY, 2005, 113 (06) :1239-1276
[8]   Estimating housing demand with an application to explaining racial segregation in cities [J].
Bajari, P ;
Kahn, ME .
JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 2005, 23 (01) :20-33
[9]   Climate change, humidity, and mortality in the United States [J].
Barreca, Alan I. .
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2012, 63 (01) :19-34
[10]  
Bartik T.J., 1991, Who Benefits from State and Local Economic Development Policies?