Climate Change Data Portal
DOI | 10.1142/S2010007820500050 |
GLOBAL MARKET and ECONOMIC WELFARE IMPLICATIONS of CHANGES in AGRICULTURAL YIELDS DUE to CLIMATE CHANGE | |
Calvin K.; Mignone B.K.; Kheshgi H.S.; Snyder A.C.; Patel P.; Wise M.; Clarke L.E.; Edmonds J.A.E. | |
发表日期 | 2020 |
ISSN | 20100078 |
卷号 | 11期号:1 |
英文摘要 | The economic welfare effects of climate change on global agriculture will be mediated by several complex biophysical and economic processes. For a given emissions scenario, these include: (1) the response of the climate system to anthropogenic forcing, (2) the response of crop yields to climate system and carbon dioxide changes, given baseline improvements in crop yields, (3) the response of agricultural markets to crop yield changes, and (4) the economic welfare implications of such market responses. In this paper, we use information about the first two processes from available climate-crop model comparison studies to analyze implications for the third and fourth processes. Applying the range of crop yield changes in a Global Integrated Assessment Model (GCAM) highlights several important economic relationships. First, we find a consistent relationship between global cropland area and yield change that is approximately orthogonal to the relationship between regional cropland area and yield change. Second, we find that the change in economic welfare, expressed as total surplus change per unit economic output, peaks during the 21st century. Third, we find that, at the global level, changes in yield affect both producer surplus and consumer surplus. Specifically, surplus changes to producers and consumers are always opposite in sign, although which economic actors gain or lose varies with the sign of yield change for any given commodity. Taken together, these results contribute to a growing body of research on climate-induced changes on agriculture by highlighting several economic relationships that are robust to differences in the underlying biophysical responses. © 2020 The Author(s). |
英文关键词 | agricultural economics; climate change impacts; Integrated assessment |
来源期刊 | Climate Change Economics
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/176987 |
作者单位 | Pacific Northwest National Laboratory, Joint Global Change Research Institute, College Park, MD 20740, United States; ExxonMobil Research and Engineering Company, Annandale, NJ 08801, United States |
推荐引用方式 GB/T 7714 | Calvin K.,Mignone B.K.,Kheshgi H.S.,et al. GLOBAL MARKET and ECONOMIC WELFARE IMPLICATIONS of CHANGES in AGRICULTURAL YIELDS DUE to CLIMATE CHANGE[J],2020,11(1). |
APA | Calvin K..,Mignone B.K..,Kheshgi H.S..,Snyder A.C..,Patel P..,...&Edmonds J.A.E..(2020).GLOBAL MARKET and ECONOMIC WELFARE IMPLICATIONS of CHANGES in AGRICULTURAL YIELDS DUE to CLIMATE CHANGE.Climate Change Economics,11(1). |
MLA | Calvin K.,et al."GLOBAL MARKET and ECONOMIC WELFARE IMPLICATIONS of CHANGES in AGRICULTURAL YIELDS DUE to CLIMATE CHANGE".Climate Change Economics 11.1(2020). |
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