GTAP Resources: Resource Display
GTAP Resource #7503 |
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"Ecosystem services in an Environmental-Integrated Computable General Equilibrium (EI-CGE) model" by Ramirez, Diana and Alvaro Calzadilla Abstract Long-term economic development is inextricably linked to the quantity and quality of natural capital and the ecosystem services it generates. Ecosystem services—such as crop pollination, freshwater supply, and climate regulation—not only sustain agricultural productivity and industrial activities but also underpin human well-being. However, traditional economic analysis often omitted natural capital. This paper argues that integrating environmental considerations into economic models is critical for addressing the adverse impacts of unsustainable production and consumption patterns. Using Mexico as a case study, this research employs an Environmental-Integrated Computable General Equilibrium (EI-CGE) model to assess how climate-induced declines in ecosystem services affect agricultural output, economic output and households’ consumption. The results highlight the cascading effects of ecosystem degradation on value chains and underscore the necessity for policy innovations aimed at sustainable development in the face of climate change and environmental degradation. |
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- Climate impacts - Ecosystem services and biodiversity - Land use - Other data bases and data issues - Agricultural policies - Food prices and food security - Model extension/development - North America - South America |
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Last Modified: 9/15/2023 2:05:45 PM