Q54

aDepartment of Economics, College of Saint Benedict/Saint John’s University, 37 S College Avenue, Saint Joseph, MN, 56374, USA, email:

bUniversité Laval, École Supérieure d’Aménagement et de Développement (ÉSAD), Québec, QC G1V 0A6, Canada. Phone number: 418 656-2131, email:

cDepartment of Earth & Environment, Department of Economics, and Institute of Environment, Florida International University (FIU), AHC5-370, University Park Campus, FIU, 11200 SW 8th Street, Miami, FL 33199, USA. Phone number: 305-348-7146, email:

dDepartment of Economics, University of Bern, Hochschulstrasse 6, 3012 Bern, Switzerland. Phone number: +41 31 684 56 35, email:

eDepartment of Economics, University of Birmingham, Birmingham, B15 2TT United Kingdom. email:

Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, Telegraphenberg A31, P.O. Box 60 12 03, 14412 Potsdam, Germany,

Environmental and Development Economics, Weihenstephan-Triesdorf University of Applied Sciences, TUM Campus Straubing, Essigberg 3, 94315 Straubing, Germany,

Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, Telegraphenberg A31, P.O. Box 60 12 03, 14412 Potsdam, Germany,

Leibniz Institute for Economics Research (RWI) Economic Policy Lab Climate Change, Development and Migration, Hohenzollernstrasse 1-3, 45128 Essen, Germany, & Ruhr University Bochum, Faculty of Management and Economics, Bochum, Germany, Universitaetsstrasse 150, 44780 Bochum, Germany & Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, Telegraphenberg A31, P.O. Box 60 12 03, 14412 Potsdam, Germany

‡Kraehnert and Gornott share last authorship

Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, Telegraphenberg A31, P.O. Box 60 12 03, 14412 Potsdam, Germany, & Agroecosystem Analysis and Modelling, University of Kassel, Nordbahnhofstraße 1a, 37213, Witzenhausen, Germany

‡Kraehnert and Gornott share last authorship

Department of Agricultural, Food, and Resource Economics, Michigan State University, East Lansing;

Department of Agricultural, Food, and Resource Economics, Department of Economics, Michigan State University, East Lansing;

Leibniz Centre for European Economic Research (ZEW), Mannheim, Germany;

Leibniz Institute of Ecological Urban and Regional Development, Dresden, Germany;

Leibniz Institute of Ecological Urban and Regional Development, Dresden, Germany;