Chapter 4 - Insights from recent economic modeling on port adaptation to climate change effects

Laingo M. Randrianarisoa, Kun Wang, Anming Zhang

Research output: Chapter in book / Conference proceedingChapter in an edited book (as author)Academic researchpeer-review

8 Citations (Scopus)

Abstract

This chapter reviews recent economic modeling work on port adaptation. We focus on summarizing the modeling approaches and the major factors considered in these studies. Specifically, we compare how the disaster uncertainty and the port market structure have been incorporated in these models in terms of their similarities and differences. The analytical findings of the studies are then reconciled and compared. There are several findings that are robust across the modeling frameworks, thus offering useful policy and managerial implications. Meanwhile, there are some distinct findings, which are driven largely by the specific model setups and assumptions. Possible explanations are provided so as to better understand such variations. Last, based on the existing modeling work, we propose several promising avenues for future modeling research.

Original languageEnglish
Title of host publicationMaritime Transport and Regional Sustainability
PublisherElsevier
Pages45-71
Number of pages27
ISBN (Electronic)9780128191347
ISBN (Print)9780128191354
DOIs
Publication statusPublished - 1 Jan 2020
Externally publishedYes

Keywords

  • Climate change-related disaster
  • Economic modeling
  • Port adaptation
  • Uncertainty

ASJC Scopus subject areas

  • General Engineering
  • General Environmental Science

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