Adjustment costs from environmental change

By David L. Kelly, Charles D. Kolstad, Glenn T. Mitchell. 2005

236 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Agricultural and Biological Sciences, Soil Science

View Paper: https://www.semanticscholar.org/paper/0b6ae034627493ef2e2787716689d10472c6113d

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In Economics and Econometrics

In General Agricultural and Biological Sciences

In Soil Science

Citations in the corpus

The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather (2007, background): “Previous research on climate change is inconclusive about the sign and magnitude of its effect on the value of agricultural land in the United States (see, for example, Adams, 1989; Mendelsohn et al., 1994, 1999; Kelly et al., 2005; Schlenker et al., 2005, 2006).”
Crop switching as a strategy for adapting to climate change (2008, background): “To the extent that farmers fail to adjust to climate changes there may be additional adjustment costs not considered in this analysis (Kelly et al., 2005).”
Climate Change and Adaptation in Global Supply-Chain Networks (2019, background): “in terms of efforts to understand changing climate distributions from their own experience (Deryugina, 2013; Moore, 2017; Kelly et al., 2005; Kala, 2019; Choi et al., 2020).”
A Ricardian Analysis of the Impact of Climate Change on African Cropland (2007, background): “Although agriculture adapts quickly to changes in prices, many intertemporal agricultural studies argue that farms will have more difficulty adapting quickly to climate change (Kaiser et al. 1993a,b; Kelly et al. 2005).”
A Ricardian Analysis of the Impact of Climate Change on European Agriculture (2016, unknown): “It does 84 not capture the cost or the dynamics of moving from one equilibrium to another (Kelly et al. 2005).”
Adoption Versus Adaptation, with Emphasis on Climate Change (2012, background): “For example, in response to heat waves, moderating electricity use during peak hours is a response at the intensive margin, whereas extensive-margin responses might include building new power plants or adopting new electricity pricing schemes, such as peak-load pricing.”
A Ricardian Analysis of the Distribution of Climate Change Impacts on Agriculture across Agro-Ecological Zones in Africa (2008, unknown): “Third, it does not take into account transition costs involved in making adaptations (Kelly et al. 2005).”