Modeling agricultural production risk and the adaptation to climate change
An approach that integrates biophysical simulations in an economic model is used to analyze the impact of climate change on Swiss corn and winter wheat production. Adaptation options such as changes in sowing dates, changes in production intensity, and the adoption of irrigation farming are considered in the model. By carrying out sensitivity analysis with different scenarios, we find farmers’ adaptation actions and crop yeilds to be very sensitive to both climate change and output prices. Moreover, our model results show that simple adaptation measures are sufficient to generate higher and less variable crop yields in the future.
Volume (Year): 68 (2008)
Issue (Month): 1 (September)
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Trade Research Center Research Discussion Papers
29234, Montana State University, Department of Agricultural Economics and Economics.
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"The Application of Robust Regression to a Production Function Comparison – the Example of Swiss Corn,"
IED Working paper
08-02, IED Institute for Environmental Decisions, ETH Zurich.
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"Investment in site-specific crop management under uncertainty: implications for nitrogen pollution control and environmental policy,"
Blackwell, vol. 24(1), pages 9-21, December.
- Khanna, Madhu & Isik, Murat & Winter-Nelson, Alex, 2000. "Investment in site-specific crop management under uncertainty: implications for nitrogen pollution control and environmental policy," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 24(1), December.
- Teresa Serra & David Zilberman & Barry K. Goodwin & Allen Featherstone, 2006. "Effects of decoupling on the mean and variability of output," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(3), pages 269-288, September.
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"Stochastic Technology, Risk Preferences And Adoption Of Site-Specific Technologies,"
2002 Annual meeting, July 28-31, Long Beach, CA
19858, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Murat Isik & Madhu Khanna, 2003. "Stochastic Technology, Risk Preferences, and Adoption of Site-Specific Technologies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 305-317.
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