IDEAS home Printed from https://ideas.repec.org/p/got/gotcrc/064.html
   My bibliography  Save this paper

Climate Change and Production Risk in Chinese Aquaculture

Author

Listed:
  • Rainer Holst

    (Georg-August-University Göttingen)

  • Xiaohua Yu

    (Georg-August-University Göttingen)

Abstract

Drawing 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.

Suggested Citation

  • 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.
    • Handle: RePEc:got:gotcrc:064
    as

    Download full text from publisher

    File URL: http://www2.vwl.wiso.uni-goettingen.de/courant-papers/CRC-PEG_DP_64.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. José Gustavo Féres & Eustáquio José Reis & Juliana Speranza, 2008. "Assessing the Impact of Climate Change on the Brazilian Agricultural Sector," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807181438190, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    2. Ragner Tveterås & G. H. Wan, 2000. "Flexible panel data models for risky production technologies with an application to salmon aquaculture," Econometric Reviews, Taylor & Francis Journals, vol. 19(3), pages 367-389.
    3. Olivier Deschênes & Michael Greenstone, 2007. "The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather," American Economic Review, American Economic Association, vol. 97(1), pages 354-385, March.
    4. repec:reg:rpubli:291 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nuñez, Hector M. & Chakrabortu, Lopamudra & Robles-Chavez, Jesus Eduardo, 2021. "Impacts of Weather Shocks on Crop Yields in Mexico," 2021 Conference, August 17-31, 2021, Virtual 314988, International Association of Agricultural Economists.
    2. Pires, Marcel Viana & Cunha, Dênis Antônio da, 2014. "Climate Change and Adaptive Strategies in Brazil: the economic effects of genetic breeding," Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 52(4), pages 1-16, December.
    3. Raju Guntukula & Phanindra Goyari, 2020. "Climate Change Effects on the Crop Yield and Its Variability in Telangana, India," Studies in Microeconomics, , vol. 8(1), pages 119-148, June.
    4. Nicole Rennó Castro & Humberto Francisco Silva Spolador & Fábio Ricardo Marin, 2020. "Assessing the economy–climate relationships for Brazilian agriculture," Empirical Economics, Springer, vol. 59(3), pages 1161-1188, September.
    5. Alejandro Lopez-Feldman, 2013. "Climate change, agriculture, and poverty: A household level analysis for rural Mexico," Economics Bulletin, AccessEcon, vol. 33(2), pages 1126-1139.
    6. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    7. Hsing-Hsiang Huang & Michael R. Moore, 2018. "Farming under Weather Risk: Adaptation, Moral Hazard, and Selection on Moral Hazard," NBER Chapters, in: Agricultural Productivity and Producer Behavior, pages 77-124, National Bureau of Economic Research, Inc.
    8. Nolan, Elizabeth & Santos, Paulo, 2011. "Risk premiums and GM traits," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103692, Agricultural and Applied Economics Association.
    9. Kalemli-Özcan, Sebnem & Nikolsko–Rzhevskyy, Alex & Kwak, Jun Hee, 2020. "Does trade cause capital to flow? Evidence from historical rainfall," Journal of Development Economics, Elsevier, vol. 147(C).
    10. Jonathan Colmer, 2013. "Climate Variability, Child Labour and Schooling: Evidence on the Intensive and Extensive Margin," GRI Working Papers 132, Grantham Research Institute on Climate Change and the Environment.
    11. Cristina Cattaneo & Emanuele Massetti, 2019. "Does Harmful Climate Increase Or Decrease Migration? Evidence From Rural Households In Nigeria," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(04), pages 1-36, November.
    12. Jesse B. Tack & David Ubilava, 2015. "Climate and agricultural risk: measuring the effect of ENSO on U.S. crop insurance," Agricultural Economics, International Association of Agricultural Economists, vol. 46(2), pages 245-257, March.
    13. Ortiz-­Bobea, Ariel, 2013. "Understanding Temperature and Moisture Interactions in the Economics of Climate Change Impacts and Adaptation on Agriculture," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150435, Agricultural and Applied Economics Association.
    14. Bruno, Ellen & Jessoe, Katrina K., 2018. "Groundwater, Incomplete Regulation, and Climate Change: Micro-level Evidence on the Price Elasticity of Demand for Agricultural Groundwater," 2018 Annual Meeting, August 5-7, Washington, D.C. 274430, Agricultural and Applied Economics Association.
    15. He, Xi, 2018. "Bigger Farms and Bigger Food Firms-The Agricultural Origin of Industrial Concentration in the Food Sector," 2018 Annual Meeting, August 5-7, Washington, D.C. 274206, Agricultural and Applied Economics Association.
    16. Kaixing Huang & Wenshou Yan & Jikun Huang, 2020. "Agricultural subsidies retard urbanisation in China," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(4), pages 1308-1327, October.
    17. Joshua Graff Zivin & Solomon M. Hsiang & Matthew Neidell, 2018. "Temperature and Human Capital in the Short and Long Run," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 5(1), pages 77-105.
    18. Ando, Amy Whritenour & Mallory, Mindy L., 2012. "The Perils of Shortcuts in Efficient Conservation Portfolio Design," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 125073, Agricultural and Applied Economics Association.
    19. Fernando M. Aragón & Francisco Oteiza & Juan Pablo Rud, 2018. "Climate change and agriculture: farmer adaptation to extreme heat," IFS Working Papers W18/06, Institute for Fiscal Studies.
    20. Sedova, Barbora & Kalkuhl, Matthias, 2020. "Who are the climate migrants and where do they go? Evidence from rural India," World Development, Elsevier, vol. 129(C).

    More about this item

    Keywords

    Aquaculture; climate change; production risk; China;
    All these keywords.

    JEL classification:

    • 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 and their Management; Global Warming

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:got:gotcrc:064. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dominik Noe (email available below). General contact details of provider: http://www.uni-goettingen.de/en/82144.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.