Economics of climate change adaptation through land use and management
土地利用と管理を通じた気候変動適応の経済学 (AI 翻訳)
Yukiko Hashida, David J. Lewis
🤖 gxceed AI 要約
日本語
本稿は、気候変動適応に関する経済研究を統合し、土地所有者が管理方法を変更することで適応が行われる枠組みを提示。プライベートな最適化と社会的な最適化の乖離が政策の必要性を示唆する。
English
This paper synthesizes economic research on climate change adaptation through land use and management, presenting a framework where landowners adjust practices to maximize returns. It highlights that private adaptation may diverge from social optimum due to externalities, requiring policy intervention.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本では、農林業や防災の観点から土地利用適応が重要。本稿のフレームワークは、SSBJやTCFDの気候リスク評価における適応計画策定に示唆を与える。
In the global GX context
Globally, this review informs adaptation policy under frameworks like TCFD and ISSB by illustrating the economic trade-offs and externalities in land management decisions.
👥 読者別の含意
🔬研究者:Provides a comprehensive framework for modeling adaptation decisions and identifying empirical strategies.
🏢実務担当者:Land managers can use the insights on transition costs and externalities to better plan for climate risks.
🏛政策担当者:Highlights the need for policies to align private adaptation incentives with social welfare, relevant for climate risk disclosure and adaptation planning.
📄 Abstract（原文）
Abstract This paper synthesizes recent economic research on climate change adaptation through land use and land management decisions. Climate change affects land-based activities by altering productivity, prices, and the frequency of natural disturbances, prompting landowners to adjust management practices to maximize land value. We develop a conceptual framework in which landowners choose management systems to maximize the present value of returns, highlighting how climate influences yields, land quality, prices, and disturbance risks. Adaptation occurs when landowners switch to management systems better suited to changing conditions, subject to transition costs. While the value of adaptation arises from these discrete adjustments, uncertainty about future climate creates the possibility of maladaptation. We review empirical strategies used to identify adaptation, including panel data approaches that distinguish short-run weather responses from long-run adjustments and spatial “space-for-time” substitution. Two applications—tree species replanting and prescribed burning—illustrate how adaptation can reshape landscapes, affect ecosystem services, and mitigate wildfire risk. A central insight is that privately optimal adaptation may diverge from socially optimal outcomes due to spatial externalities and public goods. As a result, adaptation may be under- or over-provided, highlighting the need for policies that better align private incentives with social objectives.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.1007/s42973-026-00259-3first seen 2026-06-14 04:26:21 · last seen 2026-06-14 04:37:49
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