From Global Warming ArtHallam, A. (1989). "The case for sea-level change as a dominant causal factor in mass extinction of marine invertebrates". Phil. Trans. Royal Soc. B 325: 437-455.
"A correlation between global marine regressions and mass extinctions has been recognized since the last century and received explicit formulation, in a model involving habitat-area restriction, by Newell in the 1960s. Since that time attempts to apply the species-area relation to the subject have proved somewhat controversial and promoters of other extinction models have called the generality of the regression-extinction relation into question. Here, a strong relation is shown to exist between times of global or regional sea-level change inferred from stratigraphic analysis, and times of high turnover of Phanerozoic marine invertebrates, involving both extinction and radiation; this is valid on a small and large scale. In many cases the most significant factor promoting extinction was apparently not regression but spreads of anoxic bottom water associated with the subsequent transgression. The sea-level-extinction relation cannot be properly understood without an adequate ecological model, and an attempt is made to formulate one in outline."
The following pages on Global Warming Art refer to this reference: