Climate change and agricultural trade

Reilly, John M.; Hohmann, Neil; Kane, Sally

doi:10.1016/0959-3780(94)90019-1

Cited by 112 publications

(34 citation statements)

References 5 publications

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“…These three seminal works were the few structural studies cited in the Second Assessment Report (SAR) (Watson et al, 1996) that linked biophysical responses to climate change with economic models. Similar studies were also mentioned in the reports provided by Reilly and Hohmann (1993) and Reilly et al (1994). Based on these studies, the report indicated that although the direction of change in global production resulting from climate change is still uncertain, changes in the aggregate level would be small to moderate.…”

Section: Other Classification Schemessupporting

confidence: 63%

Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches

Fernandez

Blanco

2015

Economics

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The economic effects of climate change on agriculture have been widely assessed in the last two decades. Many of these assessments are based on the integration of biophysical and agroeconomic models, allowing to understand the physical and socio-economic responses of the agricultural sector to future climate change scenarios. The evolution of the bio-economic approach has gone through different stages. This review analyses its evolution: firstly, framing the bio-economic approach into the context of the assessments of climate change impacts, and secondly, by reviewing empirical studies at the global and European level. Based on this review, common findings emerge in both global and regional assessments. Among them, the authors show that overall results tend to hide significant disparities on smaller spatial scales. Furthermore, due to the effects of crop prices over yield changes, several authors highlight the need to consider endogenous price models to assess production impacts of climate change. Further, major developments are discussed: the progress made since the last two decades and the recent methods used to provide insights into modeling uncertainties. However, there are still challenges to be met. On this matter, the authors take these unresolved challenges as guidelines for future research. JEL C63 Q10 Q11 Q17 Q54

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Section: Other Classification Schemessupporting

confidence: 63%

Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches

Fernandez

Blanco

2015

Economics

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“…Many studies attempt to estimate impacts of climate change on agriculture mostly by combining crop growth models with economic models (Kane et al, 1991;Parry et al, 1999;Reilly and Hohmann, 1993;Rosenzweig et al, 1993;Rosenzweig and Parry, 1994;Tsigas et al, 1997). The climate change has potential impacts on costs of production, farm revenues, farm value, employment, income, consumption and GDP.…”

Section: Resultsmentioning

confidence: 99%

Economics Of Climate Change For Smallholder Farmers In Nepal: A Review

Pant

2013

J. Agric. & Environ.

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“…For example, a number of studies link a global economic model to the predictions of atmospheric or agronomic models (Randhir and Hertel 2000, Reilly and Hohmann 1993, Parry et al 2004, Rosegrant, Strzepek, and Msangi 2005. Relative to such studies, our characterization of climate processes is stylized.…”

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confidence: 99%

Yield Variability and Agricultural Trade

Reimer

2009

Agric. resour. econ. rev.

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We examine how changes in yield variability affect the welfare of cereal grain and oilseed buyers and producers around the world. We simulate trade patterns and welfare for 21 countries with a Ricardian trade model that incorporates bilateral trade costs and crop yield distributions. The model shows that world trade volumes would need to increase substantially if crop yield variability were to rise. Net welfare effects, however, are moderate so long as countries do not resort to policies that inhibit trade, such as export restrictions or measures to promote self-sufficiency in crops. Low-income countries suffer the most from increases in yield variability, due to higher bilateral trade costs and lower-than-average productivity.

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Climate change and agricultural trade

Cited by 112 publications

References 5 publications

Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches

Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches

Economics Of Climate Change For Smallholder Farmers In Nepal: A Review

Yield Variability and Agricultural Trade

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