The Macroeconomic Cost of Catastrophic Pollinator Declines
نویسندگان
چکیده
A computable general equilibrium (CGE) approach is used to assess the macroeconomic effects of global and regional catastrophic losses of pollination ecosystem services. Results show economic risks to both direct crop sectors and indirect non-crop sectors in the economy, with a substantial amount of regional heterogeneity. In addition, there exists potential for winners, those regions with a comparative advantage in the production of non-pollinator dependent crops. Comparison to partial equilibrium analyses shows that, in general, the partial equilibrium approach overestimates the costs to agricultural producers, underestimates total economy-wide losses, and overestimates social welfare losses in most regions.
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