Publications [#239101] of Christopher D. Timmins

Journal Articles

1. Timmins, C, If you cannot take the heat, get out of the cerrado... Recovering the equilibrium amenity cost of nonmarginal climate change in Brazil, Journal of Regional Science, vol. 47 no. 1 (January, 2007), pp. 1-25, WILEY, ISSN 0022-4146 [repository], [doi]
   (last updated on 2023/08/05)

   Abstract:
   This paper presents an empirical technique for valuing large changes in nonmarketed local attributes (e.g., climate amenities) without data describing prices of locally traded commodities like housing. A model of endogenous sorting is used to identify individuals' indirect utility functions, from which the value of the change in the local attribute is recovered while accounting for equilibrium impacts on markets for labor and locally traded commodities. Annual amenity costs of Brazilian climate change are estimated to be between $1.6 and $8.1 billion for a moderate climate change scenario, depending upon the role of migration costs. © Blackwell Publishing, Inc. 2007.

   Keywords:
   Climate; Natural Disasters; Global Warming Q540, Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products O130, Economic Development: Regional, Urban, and Rural Analyses O180, Urban, Rural, and Regional Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics R230, Valuation of Environmental Effects Q510