HOME >> BIOLOGY >> NEWS
Population Growth Costs Include Global Warming Impact

"Shadow Price" Of Each Person's Lifetime Economic Cost To Society Takes Into Account Global Warming, Other Factors

New Haven, Conn. -- When figuring the cost of raising a child to adulthood, most parents think in terms of ballet slippers, baseball gloves, and college tuition. Two Yale economists have taken the concept a step further by figuring the lifetime cost to society of each person in terms of impact on living standards and the environment. Costs are substantial, ranging from more than $100,000 per person in high-income countries to about $2,500 per person in the lowest-income countries.

"There is a deep dispute about the impact of population growth on future living standards," said William D. Nordhaus, economics professor at Yale University, a leader in attempts to estimate the future economic impacts of global warming. "We calculate three ways an extra person affects the economy -- he or she consumes natural resources, requires a share of capital resources such as buildings and computers, and generates carbon emissions that contribute to global warming. These are societal costs beyond what a parent pays to raise a child."

Using variants of two economic models he developed to analyze global warming costs, Nordhaus estimates the "shadow price" of a person -- the economic cost that an additional person and his or her descendants impose on society. "For countries at all income levels, the annuitized shadow price of a person comes out to about 30 percent of per capita Gross Domestic Product," said Nordhaus, who developed the index with Yale graduate student Joseph Boyer.

Nordhaus reported his findings on Feb. 15 at the annual meeting of the American Association for the Advancement of Science in Philadelphia in a talk titled "What are the External Costs of More Rapid Population Growth? Theoretical Issues and Empirical Estimates."

The Yale economic model, which is
'"/>

Contact: Cynthia Atwood
cynthia.atwood@yale.edu
203 432-1326
Yale University
15-Feb-1998


Page: 1 2

Related biology news :

1. Addressing the Healthcare Needs of Our Aging Population with Technology
2. Talk: Population and Climate Change: Neglected Connections
3. Fogarty International Center announces new awards under International Training And Research In Population And Health Program
4. Population and climate change
5. Population-Development-Environment in Namibia: background readings
6. Population shifts, not storms, have caused rise in property losses
7. USGS Finds Palila Population Remaining Stable
8. UC Berkeley Conference On Population Growth And The Environment
9. Common Cannibals, A New Study Examines The Role That Intraspecific Predation Plays In Determining The Dynamics Of A Population
10. Rapid Population Growth Is Still A Problem
11. Turtle Population Apparently Threatened By Urban Sprawl, Traffic

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:8/5/2020)... ... , ... Regenative Labs has received approval from the Centers for Medicare & ... first Wharton’s jelly allografts to be assigned a Q code and be approved for ... Wharton’s jelly allograft product to be recognized as a 361 HCT/P by CMS regulated ...
(Date:7/18/2020)... ... July 16, 2020 , ... A study has been published ... Neoasis™ active noise control device to attenuate typical noises in a simulated neonatal ... the alarm sounds from patient monitors, ventilators and other bedside devices that would ...
(Date:7/2/2020)... ... July 01, 2020 , ... AltruBio Inc. http://www.altrubio.com ... a biologic for the treatment of steroid-refractory acute graft-versus-host disease (SR-aGVHD), at European ... J Martin of the Fred Hutchinson Cancer Research Center, this single-arm, open-label Phase ...
Breaking Biology News(10 mins):
(Date:8/12/2020)... FARMS, Mich. (PRWEB) , ... August 12, 2020 ... ... Consulting Group, Inc. (EMMA International), a global leader in FDA compliance consulting ... of the nation’s fastest-growing private companies. The list represents a unique look at ...
(Date:8/3/2020)... (PRWEB) , ... August 03, 2020 , ... ... collection, today announced Jim Corrigan, President and CEO has been named one of ... broad cross-section of industry sectors, PharmaVoice 100 honorees are selected based on how ...
(Date:7/31/2020)... ... July 29, 2020 , ... R3 Stem Cell International is ... $3950. With 50 million stem cells total, patients may choose which extremities they would ... for arthritic joints (BMC Musculoskelet Disord. 2016). At R3 International, umbilical cord tissue is ...
(Date:7/31/2020)... ... July 29, 2020 , ... ... transmitter systems that can be configured to drive Klystrons, TWTs, IOTs, and magnetrons. ... drive one or two switches in a push-pull configuration; yielding fast fall time ...
Breaking Biology Technology:
Cached News: