Climate Change And Production Risk In Chinese Aquaculture
AbstractDrawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C increase in annual average temperature will be determined. According to the results obtained, the impending changes in global climate will have both positive and negative impacts. While an increment in annual average temperatures will increase mean output and decrease production risk, an increase in temperature variability will reduce mean output and cause a higher level of production risk. The corresponding measures of precipitation however have no significant impact on mean output and production risk. Finally, a 1°C increase in annual average temperature is, ceteris paribus, likely to increase national mean output by 1.47 million tons.
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Bibliographic InfoPaper provided by International Agricultural Trade Research Consortium in its series Proceedings Issues, 2010: Climate Change in World Agriculture: Mitigation, Adaptation, Trade and Food Security, June 2010, Stuttgart- Hohenheim, Germany with number 91275.
Date of creation: 2010
Date of revision:
Aquaculture; climate change; production risk; China; Environmental Economics and Policy; Resource /Energy Economics and Policy; Risk and Uncertainty; Q1; Q54;
Other versions of this item:
- Rainer Holst & Xiaohua Yu, 2011. "Climate Change and Production Risk in Chinese Aquaculture," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 64, Courant Research Centre PEG.
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-AGR-2010-08-06 (Agricultural Economics)
- NEP-ALL-2010-08-06 (All new papers)
- NEP-ENE-2010-08-06 (Energy Economics)
- NEP-ENV-2010-08-06 (Environmental Economics)
- NEP-TRA-2010-08-06 (Transition Economics)
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