Assessing Climate Change Impacts: Agriculture

39 Pages Posted: 9 Aug 2005 Last revised: 20 May 2014

See all articles by Francesco Bosello

Francesco Bosello

University of Milan - Department of Economics, Business and Statistics; CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Jian Zhang

UNESCO/ IAEA , The Abdus Salam International Center of Theoretical Physics

Date Written: July 1, 2005

Abstract

The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable general equilibrium model. Peculiar to this exercise is the coupling of the economic model with a climatic model forecasting temperature increase in the relevant year and with a crop-growth model estimating climate change impact on cereal productivity. The main results of the study point out on the one hand the limited influence of climate change on world food supply and welfare; on the other hand its important distributional consequences as the stronger negative effects are concentrated on developing countries. The simulation exercise is introduced by a survey of the relevant literature.

Keywords: Climate change, Computable general equilibrium models, Agriculture

JEL Classification: D58, C68, N50, Q54

Suggested Citation

Bosello, Francesco and Zhang, Jian, Assessing Climate Change Impacts: Agriculture (July 1, 2005). FEEM Working Paper No. 94.05; CMCC Research Paper No. 2. Available at SSRN: https://ssrn.com/abstract=771245 or http://dx.doi.org/10.2139/ssrn.771245

Francesco Bosello (Contact Author)

University of Milan - Department of Economics, Business and Statistics

Via Festa del Perdono, 7
Milan, 20122
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Jian Zhang

UNESCO/ IAEA , The Abdus Salam International Center of Theoretical Physics ( email )

Strada Costiera 11
34100 Trieste
Italy

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