Humboldt-Universität zu Berlin - Albrecht Daniel Thaer-Institut für Agrar- und Gartenbauwissenschaften

Suphi Sen wird u.a. einen interessanten Vortrag über sein Working Paper „Sinking Lands: Optimal Control of Subsidence“ im Rahmen vom Research Seminar on Environmental, Resource and Climate Economics (RSERC) halten.

Abstract:

Land subsidence threatens the living conditions of about 1.2 billion people world-wide in deltaic regions characterized by soft top soil. Economic activity in these areas requires lowering groundwater levels to keep the land sufficiently dry, which leaves future generations worse off by accelerating subsidence and increasing future costs. This paper provides a model that recognizes this trade-off and yields analytical expressions for the groundwater level paths that optimally manage the dynamics of land subsidence. Applying our model to the paradigm case of Dutch agricultural peatlands, we find that accounting for dynamic efficiency increases welfare by more than 2.5 percent compared to a myopic policy benchmark, and these gains can be about 10 percent within reasonable parameter ranges. Our results support current proposals to reduce subsidence, even without considering additional social benefits from avoided carbon dioxide emissions.

Zoom-Meeting beitreten
https://hu-berlin.zoom-x.de/j/62069251580?pwd=N1BSZXlZVzZ3L2dEWjdVb1pqRklPdz09
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