IF YOU CANNOT TAKE THE HEAT, GET OUT OF THE CERRADO ... RECOVERING THE EQUILIBRIUM AMENITY COST OF NONMARGINAL CLIMATE CHANGE IN BRAZIL*
提出一种无需房价数据就能评估气候舒适性变化价值的方法，通过居民迁移行为估算巴西气候变化带来的年度舒适性成本为16亿至81亿美元。
ABSTRACT This paper presents an empirical technique for valuing large changes in nonmarketed local attributes (e.g., climate amenities) without data describing prices of locally traded commodities like housing. A model of endogenous sorting is used to identify individuals' indirect utility functions, from which the value of the change in the local attribute is recovered while accounting for equilibrium impacts on markets for labor and locally traded commodities. Annual amenity costs of Brazilian climate change are estimated to be between $1.6 and $8.1 billion for a moderate climate change scenario, depending upon the role of migration costs.