Identifying the Economic Impacts of Climate Change on Agriculture

Posted: 29 Oct 2018

See all articles by Colin A. Carter

Colin A. Carter

University of California, Davis - Department of Agricultural and Resource Economics

Xiaomeng Cui

Department of Agricultural and Resource Economics, UC Davis

Dalia Ghanem

University of California, San Diego (UCSD)

Pierre Mérel

Jinan University

Date Written: October 2018

Abstract

The ultimate impact of climate change on human systems will depend on the natural resilience of ecosystems on which societies rely as well as on adaptation measures taken by agents, individually and collectively. No sector of the economy is more reliant on climate than agriculture. Evidence from the American settlement process suggests that societies can successfully adapt to new climatic environments. Whether and how much agriculture will manage to adapt to a changing climate remains an open question in the empirical economics literature, however. This article reviews the existing evidence on weather and/or climate impacts on agricultural outcomes from the economics literature, with a focus on methodological questions. Some key econometric issues associated with climate impact measurement are discussed. We also outline important questions that have not been adequately addressed and suggest directions for future research.

Suggested Citation

Carter, Colin A. and Cui, Xiaomeng and Ghanem, Dalia and Mérel, Pierre, Identifying the Economic Impacts of Climate Change on Agriculture (October 2018). Annual Review of Resource Economics, Vol. 10, Issue 1, pp. 361-380, 2018. Available at SSRN: https://ssrn.com/abstract=3274142 or http://dx.doi.org/10.1146/annurev-resource-100517-022938

Colin A. Carter (Contact Author)

University of California, Davis - Department of Agricultural and Resource Economics ( email )

One Shields Avenue
Davis, CA 95616
United States

Xiaomeng Cui

Department of Agricultural and Resource Economics, UC Davis ( email )

One Shields Avenue
SS&H Building
Davis, CA 95616
United States

Dalia Ghanem

University of California, San Diego (UCSD) ( email )

9500 Gilman Drive
Mail Code 0502
La Jolla, CA 92093-0112
United States

Pierre Mérel

Jinan University

Huang Pu Da Dao Xi 601, Tian He District
Guangzhou, Guangdong 510632
China

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