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Adaptation of Agricultural and Food Systems to Climate Change: An Economic and Policy Perspective

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  • John M. Antle
  • Susan M. Capalbo

Abstract

Adaptation of agricultural and food systems to climate change involves private and public investment decisions in the face of climate and policy uncertainties. The authors present a framework for analysis of adaptation as an investment, based on elements of the economics, finance, and ecological economics literatures. They use this framework to assess critically impact and adaptation studies, and discuss how research could be designed to support public and private investment decisions. They then discuss how climate mitigation policies and other policies may affect adaptive capacity of agricultural and food systems. They conclude with an agenda for public research on climate adaptation. Copyright 2010, Oxford University Press.

Suggested Citation

  • John M. Antle & Susan M. Capalbo, 2010. "Adaptation of Agricultural and Food Systems to Climate Change: An Economic and Policy Perspective," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 32(3), pages 386-416.
  • Handle: RePEc:oup:apecpp:v:32:y:2010:i:3:p:386-416
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    File URL: http://hdl.handle.net/10.1093/aepp/ppq015
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    Cited by:

    1. Rattan Lal, 2014. "Climate Strategic Soil Management," Challenges, MDPI, Open Access Journal, vol. 5(1), pages 1-32, February.
    2. Holderieath, Jason, 2016. "Valuing the Absence of Feral Swine for US Corn, Soybean, Wheat, Rice, and Peanut Producers and Consumers. A Partial Equilibrium Approach," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235867, Agricultural and Applied Economics Association.
    3. Atallah, Shady S. & Gómez, Miguel I., 2014. "Bioeconomics of Climate Change Adaptation: Coffee Berry Borer and Shade-Grown," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170215, Agricultural and Applied Economics Association.
    4. Yalew, Amsalu W. & Hirte, Georg & Lotze-Campen, Hermann & Tscharaktschiew, Stefan, 2017. "General equilibrium effects of public adaptation in agriculture in LDCs: Evidence from Ethiopia," CEPIE Working Papers 11/17, Technische Universität Dresden, Center of Public and International Economics (CEPIE).
    5. Linnenluecke, Martina K. & Smith, Tom & McKnight, Brent, 2016. "Environmental finance: A research agenda for interdisciplinary finance research," Economic Modelling, Elsevier, vol. 59(C), pages 124-130.
    6. McCarl, Bruce A. & Attavanich, Witsanu & Musumba, Mark & Mu, Jianhong E. & Aisabokhae, Ruth, 2011. "Land Use and Climate Change," MPRA Paper 83993, University Library of Munich, Germany, revised 2014.
    7. Hertel, Thomas W., 2013. "Land, Environment and Climate: Contributing to the Global Public Good," WIDER Working Paper Series 107, World Institute for Development Economic Research (UNU-WIDER).
    8. Mu, Jianhong E. & Mihiar, Christopher & Lewis, David J. & Sleeter, Benjamin & Abatzoglou, John T., 2016. "An Empirical Analysis of Climate Uncertainty and Land-use Transitions in the U.S. Pacific and Mountain Regions," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236643, Agricultural and Applied Economics Association.
    9. Bastian, Christopher T. & Gray, Stephen T. & Peck, Dannele E. & Ritten, John P. & Hansen, Kristiana M. & Krall, James M. & Paisley, Steven I., 2011. "The Nature of Climate Science for the Rocky Mountain West: Implications for Economists Trying to Help Agriculture Adapt," Western Economics Forum, Western Agricultural Economics Association, vol. 10(02).
    10. Soste, Leon & Wang, Q.J. & Robertson, David & Chaffe, Robert & Handley, Selina & Wei, Yongping, 2015. "Engendering stakeholder ownership in scenario planning," Technological Forecasting and Social Change, Elsevier, vol. 91(C), pages 250-263.
    11. Hertel, Thomas W. & Lobell, David B., 2014. "Agricultural adaptation to climate change in rich and poor countries: Current modeling practice and potential for empirical contributions," Energy Economics, Elsevier, vol. 46(C), pages 562-575.

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