期刊名称:Journal of Agricultural and Resource Economics
印刷版ISSN:1068-5502
出版年度:2015
卷号:40
期号:1
页码:50-62
出版社:WAEA
摘要:Ocean acidification has the potential to adversely affect a number of valuable marine ecosystemservices by making it more difficult, and eventually impossible, for many marine organisms toform shells and skeletons. Reef-forming corals, commercially valuable shellfish, and primaryproducers that form the base of the marine food web are among the affected organisms. Despitethe range and magnitude of likely impacts, very few economic analyses of ocean acidification’sconsequences have been conducted. This paper adds to the emerging body of literature by takinga distance function approach to estimating the benefits of avoided ocean acidification in the U.S.mollusk market. A nonlinear inverse almost ideal demand system estimates the utility parametersneeded to calculate the exact consumer welfare measures compensating and equivalent surplusfor two hypothetical policies that would reduce global greenhouse gas emissions relative to abusiness-as-usual scenario.