Economic costs of oceanacidification: A look into the impacts on shellfish production
Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological impa...
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ftzbwkiel:oai:econstor.eu:10419/50154 2023-12-31T10:21:28+01:00 Economic costs of oceanacidification: A look into the impacts on shellfish production Narita, Daiju Rehdanz, Katrin Tol, Richard S. J. 2011 http://hdl.handle.net/10419/50154 eng eng Dublin: The Economic and Social Research Institute (ESRI) Series: ESRI Working Paper No. 391 gbv-ppn:662315529 http://hdl.handle.net/10419/50154 http://www.econstor.eu/dspace/Nutzungsbedingungen ddc:330 climate change economic impact mollusks ocean acidification doc-type:workingPaper 2011 ftzbwkiel 2023-12-04T00:43:38Z Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological impact of acidification and allow us to make such an economic evaluation. By performing a partial-equilibrium analysis, we estimate global and regional economic costs of production loss of mollusks due to ocean acidification. Our results show that the costs for the world as a whole could be over 100 billion USD with an assumption of increasing demand of mollusks with expected income growths. The major determinants of cost levels are the impacts on the Chinese production, which is dominant in the world, and the expected demand increase of mollusks in today's low-income countries, which include China, in accordance with their future income rise. Report Ocean acidification EconStor (German National Library of Economics, ZBW) |
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EconStor (German National Library of Economics, ZBW) |
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English |
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ddc:330 climate change economic impact mollusks ocean acidification |
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ddc:330 climate change economic impact mollusks ocean acidification Narita, Daiju Rehdanz, Katrin Tol, Richard S. J. Economic costs of oceanacidification: A look into the impacts on shellfish production |
topic_facet |
ddc:330 climate change economic impact mollusks ocean acidification |
description |
Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological impact of acidification and allow us to make such an economic evaluation. By performing a partial-equilibrium analysis, we estimate global and regional economic costs of production loss of mollusks due to ocean acidification. Our results show that the costs for the world as a whole could be over 100 billion USD with an assumption of increasing demand of mollusks with expected income growths. The major determinants of cost levels are the impacts on the Chinese production, which is dominant in the world, and the expected demand increase of mollusks in today's low-income countries, which include China, in accordance with their future income rise. |
format |
Report |
author |
Narita, Daiju Rehdanz, Katrin Tol, Richard S. J. |
author_facet |
Narita, Daiju Rehdanz, Katrin Tol, Richard S. J. |
author_sort |
Narita, Daiju |
title |
Economic costs of oceanacidification: A look into the impacts on shellfish production |
title_short |
Economic costs of oceanacidification: A look into the impacts on shellfish production |
title_full |
Economic costs of oceanacidification: A look into the impacts on shellfish production |
title_fullStr |
Economic costs of oceanacidification: A look into the impacts on shellfish production |
title_full_unstemmed |
Economic costs of oceanacidification: A look into the impacts on shellfish production |
title_sort |
economic costs of oceanacidification: a look into the impacts on shellfish production |
publisher |
Dublin: The Economic and Social Research Institute (ESRI) |
publishDate |
2011 |
url |
http://hdl.handle.net/10419/50154 |
genre |
Ocean acidification |
genre_facet |
Ocean acidification |
op_relation |
Series: ESRI Working Paper No. 391 gbv-ppn:662315529 http://hdl.handle.net/10419/50154 |
op_rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
_version_ |
1786832243754270720 |