Welfare Valuation of the Impact of Climate Change to Rice Food Security: A Theoretical Implications

Navarro, Ma. Kresna D. (2015) Welfare Valuation of the Impact of Climate Change to Rice Food Security: A Theoretical Implications. International Journal of Physical and Social Sciences. Vol. 5, Issue 2. pp: 210-221

12 Pages Posted: 2 Feb 2015

See all articles by Ma. Kresna Mansueto

Ma. Kresna Mansueto

University of the Philippines-Cebu; University of the Philippines

Date Written: February 1, 2015

Abstract

Philippines’ vulnerability to adverse effect of climate change greatly affects the country’s rice food security. The study proposed tools to evaluate impact of climate change to rice security by using welfare measures like compensating and equivalent valuation. These tools are used to measure the welfare of households as a result of price change. This study attempts to discuss limitations of compensating and equivalent variation as assessment tools for welfare change or the impact of climate change on rice food security.

JEL Classification: D6, D63

Suggested Citation

Mansueto, Ma. Kresna and Mansueto, Ma. Kresna, Welfare Valuation of the Impact of Climate Change to Rice Food Security: A Theoretical Implications (February 1, 2015). Navarro, Ma. Kresna D. (2015) Welfare Valuation of the Impact of Climate Change to Rice Food Security: A Theoretical Implications. International Journal of Physical and Social Sciences. Vol. 5, Issue 2. pp: 210-221, Available at SSRN: https://ssrn.com/abstract=2558672

Ma. Kresna Mansueto (Contact Author)

University of the Philippines ( email )

Rm 144, AS Bldg., UP Cebu Campus,
Gorordo Ave, Lahug,
Cebu City, Cebu 6000
Philippines

University of the Philippines-Cebu ( email )

Lahug
Cebu City, Cebu 6000
Philippines

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