Improving Climate-Change Modeling of US Migration

Manmade climate change (CC) has catastrophic consequences. The United States has already experienced wholesale population realignment due to climate as households have relocated to the Sunbelt and West. The irony is that people are moving toward the heat and major storms associated with CC. As CC in...

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Bibliographic Details
Published inThe American economic review Vol. 107; no. 5; pp. 451 - 455
Main Authors Partridge, Mark D., Feng, Bo, Rembert, Mark
Format Journal Article
LanguageEnglish
Published Nashville American Economic Association 01.05.2017
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Summary:Manmade climate change (CC) has catastrophic consequences. The United States has already experienced wholesale population realignment due to climate as households have relocated to the Sunbelt and West. The irony is that people are moving toward the heat and major storms associated with CC. As CC intensifies, with high rates of internal US factor mobility, firms and households will likely again relocate to areas with higher utility and profits, reducing CC costs. Yet current research typically focuses on CC costs in a given location without considering this realignment. We propose several avenues to overcome such shortcomings in US CC modeling.
ISSN:0002-8282
1944-7981
DOI:10.1257/aer.p20171054