IDEAS home Printed from https://ideas.repec.org/a/ags/jordng/90682.html
   My bibliography  Save this article

Climate Change Impact on Rice Yield and Production Risk

Author

Listed:
  • Kim, Man-Keun
  • Pang, Arwin

Abstract

The relationship among rice yield and weather variables in Korea is explored using a stochastic production function. The results reveal that average rice yield is positively related to temperature and negatively associated with precipitation. Both temperature and precipitation, which are risk-increasing inputs, are positively related to rice yield variability. The widened yield variability can be transferred to the fluctuation of rice production and rice price instability. Larger market risk is expected in the future since both temperature and precipitation are anticipated to increase. An evaluation of climate change impact on rice yield variability reveals that it may increase by up to 10%~20%. Reducing yield variability and managing market risk would be the primary goals of the government's farm policy and research.

Suggested Citation

  • Kim, Man-Keun & Pang, Arwin, 2009. "Climate Change Impact on Rice Yield and Production Risk," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 32(2), June.
    • Handle: RePEc:ags:jordng:90682
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/90682
    Download Restriction: no

    References listed on IDEAS

    as
    1. Chi-Chung Chen & Ching-Cheng Chang, 2005. "The impact of weather on crop yield distribution in Taiwan: some new evidence from panel data models and implications for crop insurance," Agricultural Economics, International Association of Agricultural Economists, vol. 33(s3), pages 503-511, November.
    2. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ahmad, Munir & Nawaz, Muhammad & Iqbal, Muhammad & Javed, Sajid, 2014. "Analysing the Impact of Climate Change on Rice Productivity in Pakistan," MPRA Paper 72861, University Library of Munich, Germany.
    2. M. MEHEDI HASAN & Md. ABDUR RASHID SARKER & JEFF GOW, 2016. "Assessment Of Climate Change Impacts On Aman And Boro Rice Yields In Bangladesh," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-21, August.
    3. V. Saravanakumar, "undated". "Impact of Climate Change on Yield of Major Food Crops in Tamil Nadu, India," Working papers 91, The South Asian Network for Development and Environmental Economics.
    4. Jesse Tack & Ardian Harri & Keith Coble, 2012. "More than Mean Effects: Modeling the Effect of Climate on the Higher Order Moments of Crop Yields," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(5), pages 1037-1054.
    5. Joshi, Niraj Prakash & Maharjan, Keshav Lall & Piya, Luni, 2011. "Effect of climate variables on yield of major food-crops in Nepal -A time-series analysis-," MPRA Paper 35379, University Library of Munich, Germany.

    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:ags:jordng:90682. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/kreinkr.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.