Distributional Implications of Climate Change in Rural India: A General Equilibrium Approach
基于特定要素贸易模型的一般均衡框架，量化全球变暖对印度农村家庭福利的中期影响，发现农业生产力下降7%-13%，福利成本适度且分布均匀，但需考虑农村工资灵活性。
We develop a general equilibrium framework, based on a specific‐factors trade model, to quantify the medium‐term household welfare impacts of global warming in rural India. Using an hedonic approach grounded in the theory combined with detailed microdata, we estimate that three decades of warming will reduce agricultural productivity in the range of 7%–13%, with the arid northwest of India especially hard hit. Our analysis shows that the proportional welfare cost of climate change is likely to be both modest and evenly distributed across percentiles of the per capita income distribution, but this latter conclusion emerges only when the flexibility of rural wages is taken into account.