Confronting climate change: Adaptation vs. migration strategies in Small Island Developing States
Lesly Cassin,
Paolo Melindi-Ghidi and
Fabien Prieur
CEE-M Working Papers from CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro
Abstract:
This paper examines the optimal adaptation policy of Small Island Developing States (SIDS) to cope with climate change. We build a dynamic optimization problem to incorporate the following ingredients: (i) local production uses labor and natural capital, which is degraded as a result of climate change; (ii) governments have two main policy options: control migration and/or conventional adaptation measures ; (iii) migration decisions drive changes in the population size; (iv) expatriates send remittances back home. We show that the optimal policy depends on the interplay between the two policy instruments that can be either complements or substitutes depending on the individual characteristics and initial conditions. Using a numerical analysis based on the calibration of the model for different SIDS, we identify that only large islands use the two tools from the beginning, while for the smaller countries, there is a substitution between migration and conventional adaption at the initial period
Keywords: SIDS; climate change; adaptation; migration; natural capital. (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-cmp, nep-env and nep-gen
Note: View the original document on HAL open archive server: https://hal.umontpellier.fr/hal-02515116
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://hal.umontpellier.fr/hal-02515116/document (application/pdf)
Related works:
Working Paper: Confronting climate change: Adaptation vs. migration strategies in Small Island Developing States (2022)
Working Paper: Confronting climate change: Adaptation vs. migration strategies in Small Island Developing States (2020)
Working Paper: Confronting climate change: Adaptation vs. migration strategies in Small Island Developing States (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:wpceem:hal-02515116
Access Statistics for this paper
More papers in CEE-M Working Papers from CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro Contact information at EDIRC.
Bibliographic data for series maintained by Laurent Garnier ().