Climate Change and Crop Yield Distribution: Some New Evidence From Panel Data Models
AbstractThis study examines the impact of climate on the yields of seven major crops in Taiwan based on pooled panel data for 15 prefectures over the 1977-1996 period. Unit-root tests and maximum likelihood methods involving a panel data model are explored to obtain reliable estimates. The results suggest that climate has different impacts on different crops and a gradual increase in crop yield variation is expected as global warming prevails. Policy measures to counteract yield variability should therefore be carefully evaluated to protect farmers from exposure to these long-lasting and increasingly climate-related risks.
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Bibliographic InfoPaper provided by Institute of Economics, Academia Sinica, Taipei, Taiwan in its series IEAS Working Paper : academic research with number 04-A001.
Length: 30 pages
Date of creation: Jan 2004
Date of revision:
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Web page: http://www.econ.sinica.edu.tw/index.php?foreLang=en
More information through EDIRC
Yield response; Climate change; Panel data; Unit-root test;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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