Climate Change and Agricultural Trade: Who Benefits, Who Loses?

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

doi:10.1007/978-3-642-61086-8_6

Cited by 85 publications

(75 citation statements)

References 4 publications

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“…Although changes in local supply might be dramatic, prices of food crops tend to be determined by global markets. With the expansion of crop production in some parts of the world and the contraction in others, the changes in the price of crops from global warming is expected to be small (Reilly et al, 1994). Finally, there is a concern that the Ricardian analysis does not take into account the cost of transition (Kelly et al, 2005).…”

Section: Methodsmentioning

confidence: 99%

A Ricardian Analysis of the Impact of Climate Change on South American Farms

Seo

Mendelsohn

2008

Chilean J. Agric. Res.

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Section: Methodsmentioning

confidence: 99%

A Ricardian Analysis of the Impact of Climate Change on South American Farms

Seo

Mendelsohn

2008

Chilean J. Agric. Res.

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“…Examples of such studies are e.g. Kane et al 1992 and Reilly et al 1994, using the SWAPSIM world food model. This model identifies supply and demand of 20 agricultural commodities for 36 world regions including international trade fluxes, but abstracts from other economic sectors and does not explicitly incorporates resource inputs.…”

Section: The Treatment Of the Economic Dimensionmentioning

confidence: 99%

“…Interestingly, when it is explicitly taken into account (see e.g. Reilly et al 1994;Fischer et al 1993, Rosenzweigh et al 1994, the fertilization effect due to the increased CO2 concentration -that can be considered as an autonomous natural adaptation process -contributes more to damage reduction than human adaptation. All the studies confirm in any case the fundamental role of economic adaptation in smoothing adverse climatic effects.…”

Section: -Crucial Role Of Adaptationmentioning

confidence: 99%

Assessing Climate Change Impacts: Agriculture

Bosello

Jian

2005

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable general equilibrium model. Peculiar to this exercise is the coupling of the economic model with a climatic model forecasting temperature increase in the relevant year and with a crop-growth model estimating climate change impact on cereal productivity. The main results of the study point out on the one hand the limited influence of climate change on world food supply and welfare; on the other hand its important distributional consequences as the stronger negative effects are concentrated on developing countries. The simulation exercise is introduced by a survey of the relevant literature. Terms of use: Documents in

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“…A recent study for Finland, for instance, finds this country to be a net winner from climate change (Kuoppomaeki, 1996). Agricultural studies such as Rosenzweig and Parry (1994), Reilly et al (1994) or Darwin et al (1995) identify many developed and other northern latitude countries as possible winners, provided farmers take adequate adaptation measures. Food insecurity in the South, on the other hand, is likely to be further aggravated.…”

Section: New Findings In Equilibrium Analysismentioning

confidence: 99%

The Social Costs of Climate Change: The IPCC Second Assessment Report and Beyond

Fankhauser¹,

Tol²

1995

Mitigation and Adaptation Strategies for Global Change

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Abstract. Climate change is expected to have far-reaching impacts. Earlier studies have estimated an aggregated monetised damage equivalent to 1.5 to 2.0 % of World GDP (for 2 x CO2). According to these estimates, the OECD would face losses equivalent to 1.0 to 1.5 % of GDP, and developing countries 2.0 to 9.0 %. While these figures are preliminary and highly uncertain, recent findings have not, as yet, changed the general picture. As is shown in this paper, estimates that are fully corrected for differences in purchasing power parity do not significantly differ from the initial figures. Newer studies increasingly emphasise adaptation, variability, extreme events, other (non-climate change) stress factors, and the need for integrated assessment of damages. Incorporating these factors has lead to increased differences in estimated impacts between different regions and sectors. Estimates of market impacts in developed countries tended to fall, while non-market impacts have become more important. Marginal damages are more interesting from a policy point of view. Earlier estimates range from about $5 to $125 per tonne of carbon, with most estimates at the lower end of this range. These figures are based on power functions in the level of climate change. The rate of change may be equally important, as are the speed of adaptation, restoration and value adjustment. Furthermore, future vulnerability to climate change will differ from current vulnerability: market impacts could fall (relatively) with economic growth while non-market impacts may rise.

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Climate Change and Agricultural Trade: Who Benefits, Who Loses?

Cited by 85 publications

References 4 publications

A Ricardian Analysis of the Impact of Climate Change on South American Farms

A Ricardian Analysis of the Impact of Climate Change on South American Farms

Assessing Climate Change Impacts: Agriculture

The Social Costs of Climate Change: The IPCC Second Assessment Report and Beyond

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