An assessment of global warming and biodiversity: CGE EMEDA analyses

Koichi Yamaura, Shin Sakaue and Toyoaki Washida
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Shin Sakaue: Sophia University
Toyoaki Washida: Sophia University

Environmental Economics and Policy Studies, 2017, vol. 19, issue 2, No 8, 405-426

Abstract: Abstract Genetic resources have been widely used for agricultural animal breeding, drug development, and biomaterials. Coherent assessments of global warming on biodiversity based on economic models are necessary. Little research, however, has been done in the quantitative evaluation incurred across multi sectors including a primary industry sector and a pharmaceutical sector based on genetic resources (PGR) at a global level, though both citizens and stakeholders are keenly interested in this issue. Accordingly, this study focuses on a part of biodiversity, and assesses impacts of global warming on agriculture, forestry, fisheries, and PGR industries using a CGE model, the evaluation model for environmental damage and adaptation (EMEDA). Simulated results by EMEDA indicate that: USA, Russia, EU-25, Oceania, East Asia and the rest of the world will experience economic growth, with other regions offsetting economic damages in the primary industry sector. Most regions offset damages in the PGR sector under the various scenarios including the 2 $$^\circ$$ ∘ C climate target by Intergovernmental Panel on Climate Change.

Keywords: Biodiversity; EMEDA; Pharmaceutical industry; CGE models (search for similar items in EconPapers)
JEL-codes: C68 Q57 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s10018-016-0165-2

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