Economic Impacts of Drought on Agriculture

33 Pages Posted: 31 Jul 2015

See all articles by Jaroslav Mysiak

Jaroslav Mysiak

Fondazione Eni Enrico Mattei (FEEM)

Maria De Salvo

Fondazione Eni Enrico Mattei (FEEM)

Silvia Santato

Fondazione Eni Enrico Mattei (FEEM)

Mattia Amadio

Fondazione Eni Enrico Mattei

Date Written: December 2013

Abstract

Water security features prominently among the grand challenges of humanity in a quest for sustainable future. Southern European countries, Italy in particular, are highly vulnerable to droughts. In this article we estimate the drought-related losses in agriculture in terms of reduced yield and output for the selected, most important crops; and social impacts of droughts in the Po River Basin District (PRBD). To do this we first explore the regional impact assessment techniques based on production data collected or estimated at provincial (NUTS3) and lower (agricultural region, RA) spatial scale and then use partial equilibrium approach to modelling drought impacts in terms of yield, net revenue and employment.

Keywords: droughts, climate variability, agriculture, impact assessment, employment, Po River Basin

Suggested Citation

Mysiak, Jaroslav and De Salvo, Maria and Santato, Silvia and Amadio, Mattia, Economic Impacts of Drought on Agriculture (December 2013). CMCC Research Paper No. 206, Available at SSRN: https://ssrn.com/abstract=2637399 or http://dx.doi.org/10.2139/ssrn.2637399

Jaroslav Mysiak (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

C.so Magenta 63
Milano, 20123
Italy

Maria De Salvo

Fondazione Eni Enrico Mattei (FEEM) ( email )

C.so Magenta 63
Milano, 20123
Italy

Silvia Santato

Fondazione Eni Enrico Mattei (FEEM) ( email )

C.so Magenta 63
Milano, 20123
Italy

Mattia Amadio

Fondazione Eni Enrico Mattei ( email )

C.so Magenta 63
Milano, 20123
Italy

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