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The International Effects of Climate Change on Agricultural Commodity Prices, and the Wider Effects on New Zealand

Motu Working Paper No. 10-14

37 Pages Posted: 19 Dec 2010  

Adolf Stroombergen

Infometrics

Date Written: December 1, 2010

Abstract

This research takes a closer look at the effects of climate change on New Zealand agriculture and on the wider economy, including indirect international effects such as changes in the prices of goods exported from and imported to New Zealand, as well as carbon prices and policies. Economic loss from short term catastrophic events such floods and landslides is not investigated. Infometrics (2007) presented an initial quantitative analysis of some of the above issues. In this paper they update the part of that report that looked at the effect of climate change on agricultural commodity prices, by considering some new scenarios based on international research since 2007, and expand the time-period from 2025 to 2070.

Keywords: agricultural commodity prices, GE modelling

JEL Classification: F18, Q1, Q54

Suggested Citation

Stroombergen, Adolf, The International Effects of Climate Change on Agricultural Commodity Prices, and the Wider Effects on New Zealand (December 1, 2010). Motu Working Paper No. 10-14. Available at SSRN: https://ssrn.com/abstract=1728549 or http://dx.doi.org/10.2139/ssrn.1728549

Adolf Stroombergen (Contact Author)

Infometrics ( email )

PO Box 10068
Wellington
New Zealand

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