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Climate Change as an Agricultural Economics Research Topic

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  • Bruce A McCarl
  • Thomas W Hertel

Abstract

Climate change is not just a topic for the future—it is already producing real consequences. Economically, the issue has three principal dimensions: impacts, that is, how vulnerable are we; adaptation, that is, what can we do to reduce the impacts by altering operations; and mitigation, that is, what can we do to reduce the drivers causing climate change and thus the long-term extent of climate change? All of these issues have economic dimensions, including appraising damages and the value of effects reducing actions, as well as the formulation of efficient policies. Thus, it is not surprising that this is both an active agricultural economic research area and one with many more research possibilities. We review the impacts, adaptation, and mitigation literature, identifying issues, summarizing main findings, commenting on methods, and pointing out research needs, with a special focus on what agricultural/applied economists have to offer.

Suggested Citation

  • Bruce A McCarl & Thomas W Hertel, 2018. "Climate Change as an Agricultural Economics Research Topic," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 40(1), pages 60-78.
    • Handle: RePEc:oup:apecpp:v:40:y:2018:i:1:p:60-78.
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    References listed on IDEAS

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    2. Fabio Gaetano Santeramo & Dragan Miljkovic & Emilia Lamonaca, 2021. "Agri-food trade and climate change," Economia agro-alimentare, FrancoAngeli Editore, vol. 23(1), pages 1-18.
    3. Uris L. C. Baldos & Thomas W. Hertel & Frances C. Moore, 2019. "Understanding the Spatial Distribution of Welfare Impacts of Global Warming on Agriculture and its Drivers," American Journal of Agricultural Economics, John Wiley & Sons, vol. 101(5), pages 1455-1472, October.
    4. Milan Oplanić & Ana Čehić Marić & Smiljana Goreta Ban & Tajana Čop & Mario Njavro, 2022. "Horticultural Farmers’ Perceived Risk of Climate Change in Adriatic Croatia," Sustainability, MDPI, vol. 15(1), pages 1-13, December.
    5. Sung Ju Cho & Bruce McCarl, 2021. "Major United States Land Use as Influenced by an Altering Climate: A Spatial Econometric Approach," Land, MDPI, vol. 10(5), pages 1-16, May.
    6. Kayenat Kabir & Uris Lantz C. Baldos & Thomas W. Hertel, 2023. "The new Malthusian challenge in the Sahel: prospects for improving food security in Niger," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 15(2), pages 455-476, April.
    7. Pedro V Hernandez Serrano & Amrapali Zaveri, 2020. "Venturing the Definition of Green Energy Transition: A systematic literature review," Papers 2004.10562, arXiv.org, revised Apr 2020.
    8. Patalee, M.A. Buddhika & Tonsor, Glynn T., 2021. "Impact of weather on cow-calf industry locations and production in the United States," Agricultural Systems, Elsevier, vol. 193(C).
    9. Mohammad Rondhi & Ahmad Fatikhul Khasan & Yasuhiro Mori & Takumi Kondo, 2019. "Assessing the Role of the Perceived Impact of Climate Change on National Adaptation Policy: The Case of Rice Farming in Indonesia," Land, MDPI, vol. 8(5), pages 1-21, May.
    10. Hertel, Thomas W. & de Lima, Cicero Z., 2020. "Viewpoint: Climate impacts on agriculture: Searching for keys under the streetlight," Food Policy, Elsevier, vol. 95(C).
    11. Xinying Fan & Bin Chen & Changfeng Fu & Lingyun Li, 2020. "Research on the Influence of Abrupt Climate Changes on the Analysis of Typical Meteorological Year in China," Energies, MDPI, vol. 13(24), pages 1-16, December.

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