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Climate and institutional change versus expected economic performance of agricultural holdings

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  • Sulewski, Piotr
  • Czekaj, Stefania

Abstract

Climate change, liberalisation of international trade in agricultural products and changes in the system of farms’ support result in the increasing importance of the risk problem in European and Polish agriculture. It can be expected that a change in market and production conditions will result in significant increase in income volatility. The scale of change will depend on the financial support directed to agricultural sector and farmers’ reactions. The study reveals that in the case of Poland the most likely scenario results in rather moderate deterioration in farms’ financial results measured under risk. Extreme deterioration can be observed in the liberal scenario under assumption of financial support elimination.

Suggested Citation

  • Sulewski, Piotr & Czekaj, Stefania, 2015. "Climate and institutional change versus expected economic performance of agricultural holdings," Problems of Agricultural Economics / Zagadnienia Ekonomiki Rolnej 245045, Institute of Agricultural and Food Economics - National Research Institute (IAFE-NRI).
    • Handle: RePEc:ags:iafepa:245045
    DOI: 10.22004/ag.econ.245045
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    1. Bureau, Jean-Christophe & Jean, Sã‰Bastien & Matthews, Alan, 2006. "The consequences of agricultural trade liberalization for developing countries: distinguishing between genuine benefits and false hopes," World Trade Review, Cambridge University Press, vol. 5(2), pages 225-249, July.
    2. Anton, Jesus & Giner, Celine, 2005. "Can Risk Reducing Policies Reduce Farmer's Risk and Improve Their Welfare?," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24578, European Association of Agricultural Economists.
    3. Van Asseldonk, Marcel A.P.M. & Majewski, Edward & Meuwissen, Miranda P.M. & Was, Adam & Guba, Waldemar & Dalton, Graham E. & Landmesser, Joanna & Berg, Ernst & Huirne, Ruud B.M., 2008. "Economic Impact of Prospective Risk Management Instruments Under Alternative Policy Scenarios," 108th Seminar, February 8-9, 2008, Warsaw, Poland 48104, European Association of Agricultural Economists.
    4. Bureau, Jean-Christophe & Jean, Sebastien & Matthews, Alan, 2005. "Agricultural Trade Liberalization: Assessing the Consequences for Developing Countries," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24628, European Association of Agricultural Economists.
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