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Valorizing the Climate Change in Agricultural Sector of Bosnia and Herzegovina

Author

Listed:
  • Figurek, A.

    (University of Banja Luka, Bosnia and Herzegovina)

Abstract

The author considered a case of Bosnia and Herzegovina that, due to its geographical position, is vulnerable to climate change, primarily in relation to agriculture and food production. The paper describes the risks associated with climate change that have not yet been systematically considered. It found that Bosnia and Herzegovina needs reliable information to enable the assessment of climate change and subsequent impacts. Besides, current data of the monitoring and analysis need substantive improvement. Author found that without coordinated and planned approaches to climate change adaptation, Bosnia and Herzegovina will suffer economically and environmentally. Important tasks for the successful adaptation of agriculture to the impacts of climate change including improving the monitoring of climate and yield are formulated. The paper concluded that adequate research tools, models, and reliable data are necessary to strengthen the predictive knowledge of climate change and its impact on agricultural sector.

Suggested Citation

  • Figurek, A., 2019. "Valorizing the Climate Change in Agricultural Sector of Bosnia and Herzegovina," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 8(4), pages 173-181, December.
    • Handle: RePEc:ods:journl:v:8:y:2019:i:4:p:173-181
    as

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    References listed on IDEAS

    as
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    2. Fernández, Francisco J. & Blanco, Maria, 2015. "Modelling the economic impacts of climate change on global and European agriculture: Review of economic structural approaches," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-53.
    3. Aggarwal, P.K. & Kalra, N. & Chander, S. & Pathak, H., 2006. "InfoCrop: A dynamic simulation model for the assessment of crop yields, losses due to pests, and environmental impact of agro-ecosystems in tropical environments. I. Model description," Agricultural Systems, Elsevier, vol. 89(1), pages 1-25, July.
    4. Dowlatabadi, Hadi, 1998. "Sensitivity of climate change mitigation estimates to assumptions about technical change," Energy Economics, Elsevier, vol. 20(5-6), pages 473-493, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    vulnerability; risk management; climate change; agricultural sector; Bosnia and Herzegovina;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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