Modeling equilibrium responses to climate-induced migration

Jared Carbone (), Sul-Ki Lee () and Yuzhou Shen ()
Additional contact information
Jared Carbone: Department of Economics and Business, Colorado School of Mines
Sul-Ki Lee: Korean Institute for Industrial Economics and Trade
Yuzhou Shen: Department of Economics and Business, Colorado School of Mines

No 2022-01, Working Papers from Colorado School of Mines, Division of Economics and Business

Abstract: We construct a quantitative model to simulate the impacts of climate change on U.S. domestic migration patterns. The model consists of an equilibrium framework for modeling counterfactual migration responses and their implications for regional welfare, prices and populations. The model's parameters are estimated using an econometric, locational sorting model, the structural equations of which are a key component of the equilibrium framework. The econometric model is estimated from demographically rich data from the U.S. Census. The parismonious structure of the equilibrium model allows us to incorporate much of this demographic richness in the simulation of the predicted migration flows.

Keywords: climate change; domestic migration; regional economics (search for similar items in EconPapers)
JEL-codes: D58 Q54 R13 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2022-05
New Economics Papers: this item is included in nep-agr, nep-env, nep-mig and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://econbus-papers.mines.edu/working-papers/wp202201.pdf First version, 2022 (application/pdf)

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