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climate change and refuge cities. A few months ago, a news article reported that Buffalo is unusually well-insulated against climate change. Rising temperatures have yet
climate change and refuge cities.A few months ago, a news article reported that "Buffalo is unusually well-insulated against climate change. Rising temperatures have yet to produce more heat waves or extreme rainfall in Western New York. Experts say the region's cool climate and ample fresh water could make it an attractive destination as the planet heats up. And Buffalo has room to growthe city's population has dropped by half over the last 70 years of industrial decline."
- Describe the labor market, economic growth, residential/commercial split, and land price implications for Buffalo;
- Describe the implications on the distribution of population in a system of cities where larger, more productive, cities are disproportionally exposed to climate change and outmigration [You can use just two cities to make things simple];
- Formulate an economic development plan for the City of Buffalo: what policies should the City implement to attract population and firms and how targeted? [The answer requires you to: a) take a look at Buffalo's economics history, industries, potential sources of comparative advantage and; b) make an assumption about what segments of the population are more likely to relocate from cities negatively affected by climate change.]
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