Improving Climate-Change Modeling of US Migration
Mark D. Partridge, Bo Feng, Mark Rembert
American Economic Review · 2017 · Volume 107 · Issue 5
Abstract
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.
Keywords
Demographic Trends, Macroeconomic Effects, and Forecasts, Geographic Labor Mobility, Immigrant Workers, Climate, Natural Disasters and Their Management, Global Warming, Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration, Regional Labor Markets, Population, Neighborhood Characteristics, Other Spatial Production and Pricing Analysis
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