Regional Resilience to Climate and Environmental Shocks

The book illustrates the use of spatial econometric models to analyze the economic resilience of regions to climate-related shocks. Although climate change is a global externality, climate anomalies can trigger locally disruptive shocks, whose adverse effects on economic growth are transmitted through neighbouring relationships (based on geography, trade, or technological bonds). After laying out the theoretical case for spatial analysis in the study of economic resilience, the book introduces spatial econometric models, their estimation and testing procedures, as well as applications of spatial econometrics in various domains. It then reviews the current literature on the role of space in the propagation of climate shocks, and discusses how adaptation and mitigation policies can leverage spatial dependencies, with a special focus on renewable energy technologies and agricultural productivity. It appeals to scholars of regional and spatial sciencesand econometrics as well as those interested in the spatial effects of climate and environmental shocks.

Examines the spatial effects of climate and environmental shocks Provides practical examples of spatial econometric applications in R Discusses how adaptation and mitigation policies can leverage spatial dependencies

Autorentext

Rita De Siano is an Associate Professor of Economic Policy at the University of Naples, Parthenope (Italy). Her research focuses on spatial econometrics, regional economics, sustainable development, and resilience. She is a fellow of the Spatial Econometrics Association (SEA) and the Italian Society of Economists (SIE). Valerio Leone Sciabolazza is untenured Associate Professor at the University of Naples, Parthenope (Italy). His research focuses on the economics of networks, spatial econometrics, and the new science of networks. Alessandro Sapio is a Full Professor of Economic Policy at the University of Naples, Parthenope (Italy). He has been a visiting scholar at the London Business School (Energy Markets Group), European Business School Paris, and Paris I Panthéon-Sorbonne, and has worked on several projects funded by the European Commission under FP6, FP7, and Horizon2020, including IMPRESSIONS on climate change scenarios. He serves as an Associate Editor of Economia Politica - Journal of Analytical and Institutional Economics, edited by Springer.

Inhalt
Introduction.- Economic Resilience and Regional Disparities: The Value Added of Spatial Analysis.- Spatial Econometric Models: Theory.- A Tutorial on Modeling Geographic, Economic and Social Interactions Using GIS Methods with R.- Resilience to Climate Change: Spatial Ricardian Analysis.- Resilience to Climate Impacts and Spatial Propagation in the Power Industry.- Conclusion and Open Issues.