{"id":"https://openalex.org/W2115114304","doi":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","title":"Costs of adjustment to climate change","display_name":"Costs of adjustment to climate change","publication_year":2003,"publication_date":"2003-12-01","ids":{"openalex":"https://openalex.org/W2115114304","doi":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","mag":"2115114304"},"language":"en","primary_location":{"id":"doi:10.1111/j.1467-8489.2003.00222.x","doi":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","pdf_url":null,"source":{"id":"https://openalex.org/S3593595","display_name":"Australian Journal of Agricultural and Resource Economics","issn_l":"1364-985X","issn":["1364-985X","1467-8489"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Australian Journal of Agricultural and Resource Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://ageconsearch.umn.edu/record/118147","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019649221","display_name":"John C. Quiggin","orcid":"https://orcid.org/0000-0003-0398-8280","observed_orcids":["https://orcid.org/0000-0003-0398-8280"]},"institutions":[{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"John Quiggin","raw_affiliation_strings":["Department of Agricultural and Resource Economics, University of Maryland, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Agricultural and Resource Economics, University of Maryland, USA","institution_ids":["https://openalex.org/I66946132"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038757332","display_name":"John K. Horowitz","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165143802","display_name":"The University of Queensland","ror":"https://ror.org/00rqy9422","country_code":"AU","type":"education","lineage":["https://openalex.org/I165143802"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"John Horowitz","raw_affiliation_strings":["Schools of Economics and Political Science, Faculty of Business, Economics and Law, University of Queensland, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Schools of Economics and Political Science, Faculty of Business, Economics and Law, University of Queensland, Australia","institution_ids":["https://openalex.org/I165143802"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":2710,"currency":"USD","value_usd":2710},"apc_paid":null,"fwci":3.2055,"has_fulltext":false,"cited_by_count":65,"citation_normalized_percentile":{"value":0.92681288,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"47","issue":"4","first_page":"429","last_page":"446"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10439","display_name":"Climate change impacts on agriculture","score":0.010599999688565731,"subfield":{"id":"https://openalex.org/subfields/1105","display_name":"Ecology, Evolution, Behavior and Systematics"},"field":{"id":"https://openalex.org/fields/11","display_name":"Agricultural and Biological Sciences"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}},{"id":"https://openalex.org/T13530","display_name":"Climate Change and Environmental Impact","score":0.000699999975040555,"subfield":{"id":"https://openalex.org/subfields/2306","display_name":"Global and Planetary Change"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/climate-change","display_name":"climate change","score":0.8050000071525574},{"id":"https://openalex.org/keywords/adjustment-costs","display_name":"adjustment costs","score":0.968999981880188},{"id":"https://openalex.org/keywords/welfare-loss","display_name":"welfare loss","score":0.7070000171661377},{"id":"https://openalex.org/keywords/capital-adjustment","display_name":"capital adjustment","score":0.8029999732971191},{"id":"https://openalex.org/keywords/natural-resource-stocks","display_name":"natural resource stocks","score":0.9409999847412109},{"id":"https://openalex.org/keywords/land-use","display_name":"land use","score":0.3720000088214874},{"id":"https://openalex.org/keywords/climatic-optimum","display_name":"climatic optimum","score":0.7979999780654907},{"id":"https://openalex.org/keywords/climate-change-adaptation","display_name":"climate change adaptation","score":0.38600000739097595}],"concepts":[{"id":"https://openalex.org/C132651083","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Climate change","level":2,"score":0.8091761469841003},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.733339786529541},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5606085658073425},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5547672510147095},{"id":"https://openalex.org/C162012527","wikidata":"https://www.wikidata.org/wiki/Q1540268","display_name":"Natural capital","level":4,"score":0.4715920686721802},{"id":"https://openalex.org/C29985473","wikidata":"https://www.wikidata.org/wiki/Q188460","display_name":"Natural resource","level":2,"score":0.4344247579574585},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.38268178701400757},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.32554423809051514},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.1928909718990326},{"id":"https://openalex.org/C58941895","wikidata":"https://www.wikidata.org/wiki/Q295865","display_name":"Ecosystem services","level":3,"score":0.12666073441505432},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.10441243648529053},{"id":"https://openalex.org/C110872660","wikidata":"https://www.wikidata.org/wiki/Q37813","display_name":"Ecosystem","level":2,"score":0.07813969254493713},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.1111/j.1467-8489.2003.00222.x","doi":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-8489.2003.00222.x","pdf_url":null,"source":{"id":"https://openalex.org/S3593595","display_name":"Australian Journal of Agricultural and Resource Economics","issn_l":"1364-985X","issn":["1364-985X","1467-8489"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Australian Journal of Agricultural and Resource Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:ags:aareaj:118147","doi":null,"is_oa":false,"landing_page_url":"https://ageconsearch.umn.edu/record/118147/files/j.1467-8489.2003.00222.x.pdf","pdf_url":"https://ageconsearch.umn.edu/record/118147/files/j.1467-8489.2003.00222.x.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.335.5449","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.335.5449","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.uq.edu.au/economics/johnquiggin/WorkingPapers/GW0110.pdf","raw_type":"text"},{"id":"pmh:oai:ageconsearch.umn.edu:118147","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/118147","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/118147","raw_type":"Text"},{"id":"pmh:oai:openresearch-repository.anu.edu.au:1885/40527","doi":null,"is_oa":false,"landing_page_url":"http://digitalcollections.anu.edu.au/handle/1885/40527","pdf_url":null,"source":{"id":"https://openalex.org/S4306402539","display_name":"ANU Open Research (Australian National University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I118347636","host_organization_name":"Australian National University","host_organization_lineage":["https://openalex.org/I118347636"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Working/Technical Paper"},{"id":"pmh:oai:RePEc:bla:ajarec:v:47:y:2003:i:4:p:429-446","doi":null,"is_oa":false,"landing_page_url":"http://www.blackwell-synergy.com/servlet/useragent?func=synergy&synergyAction=showTOC&journalCode=ajar&volume=47&issue=4&year=2003&part=null","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"doi:10.22004/ag.econ.118147","doi":"https://doi.org/10.22004/ag.econ.118147","is_oa":true,"landing_page_url":"https://doi.org/10.22004/ag.econ.118147","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:ageconsearch.umn.edu:118147","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/118147","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/118147","raw_type":"Text"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/13","display_name":"Climate action","score":1.0}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":25,"referenced_works":["https://openalex.org/W309095416","https://openalex.org/W1486350650","https://openalex.org/W1500170179","https://openalex.org/W1522995320","https://openalex.org/W1972450826","https://openalex.org/W2000062180","https://openalex.org/W2031156182","https://openalex.org/W2036279074","https://openalex.org/W2036358708","https://openalex.org/W2036770938","https://openalex.org/W2069210188","https://openalex.org/W2083722668","https://openalex.org/W2090900319","https://openalex.org/W2117113362","https://openalex.org/W2135977675","https://openalex.org/W2156834925","https://openalex.org/W2891423662","https://openalex.org/W2992969623","https://openalex.org/W3121980895","https://openalex.org/W4230682300","https://openalex.org/W4251555300","https://openalex.org/W4300550956","https://openalex.org/W4388334661","https://openalex.org/W6997262856","https://openalex.org/W7001149477"],"related_works":["https://openalex.org/W7097243073","https://openalex.org/W2010303106","https://openalex.org/W2130118251","https://openalex.org/W7099493549","https://openalex.org/W2161132942","https://openalex.org/W2102016866","https://openalex.org/W3170724594","https://openalex.org/W2188772131","https://openalex.org/W2766643194","https://openalex.org/W1955611201"],"abstract_inverted_index":{"The":[0,14,49],"present":[1],"paper":[2],"argues":[3],"that":[4,18,73],"the":[5,30],"costs":[6,50],"of":[7,51],"climate":[8,19,52],"change":[9,20,53],"are":[10,60],"primarily":[11],"adjustment":[12],"costs.":[13],"central":[15],"result":[16],"is":[17],"will":[21],"reduce":[22],"welfare":[23],"whenever":[24],"it":[25],"occurs":[26],"more":[27],"rapidly":[28],"than":[29],"rate":[31],"at":[32],"which":[33],"capital":[34],"stocks":[35],"(interpreted":[36],"broadly":[37],"to":[38,62],"include":[39],"natural":[40],"resource":[41],"stocks)":[42],"would":[43],"naturally":[44],"adjust":[45],"through":[46],"market":[47],"processes.":[48],"can":[54],"be":[55],"large":[56],"even":[57],"when":[58],"lands":[59],"close":[61],"their":[63],"climatic":[64],"optimum,":[65],"or":[66],"evenly":[67],"distributed":[68],"both":[69],"above":[70],"and":[71],"below":[72],"optimum.":[74]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":6},{"year":2013,"cited_by_count":8},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}