Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches

Fernandez Jonquera, Francisco José and Blanco Fonseca, Maria (2015). Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches. "Economics: The Open-Access, Open-Assessment E-Journal", v. 9 ; pp. 1-53. ISSN 1864-6042. https://doi.org/10.5018/economics-ejournal.ja.2015-10.

Description

Title: Modelling the Economic Impacts of Climate Change on Global and European Agriculture. Review of Economic Structural Approaches
Author/s:
  • Fernandez Jonquera, Francisco José
  • Blanco Fonseca, Maria
Item Type: Article
Título de Revista/Publicación: Economics: The Open-Access, Open-Assessment E-Journal
Date: 2015
ISSN: 1864-6042
Volume: 9
Subjects:
Faculty: E.T.S.I. Agrónomos (UPM) [antigua denominación]
Department: Otro
Creative Commons Licenses: Recognition - No derivative works - Non commercial

Full text

[img]
Preview
PDF - Requires a PDF viewer, such as GSview, Xpdf or Adobe Acrobat Reader
Download (543kB) | Preview

Abstract

The economic effects of climate change on agriculture have been widely assessed in the last two decades. Many of these assessments are based on the integration of biophysical and agro-economic models, allowing to understand the physical and socio-economic responses of the agricultural sector to future climate change scenarios. The evolution of the bio-economic approach has gone through different stages. This review analyses its evolution: firstly, framing the bio-economic approach into the context of the assessments of climate change impacts, and secondly, by reviewing empirical studies at the global and European level. Based on this review, common findings emerge in both global and regional assessments. Among them, the authors show that overall results tend to hide significant disparities on smaller spatial scales. Furthermore, due to the effects of crop prices over yield changes, several authors highlight the need to consider endogenous price models to assess production impacts of climate change. Further, major developments are discussed: the progress made since the last two decades and the recent methods used to provide insights into modeling uncertainties. However, there are still challenges to be met. On this matter, the authors take these unresolved challenges as guidelines for future research.

More information

Item ID: 44077
DC Identifier: http://oa.upm.es/44077/
OAI Identifier: oai:oa.upm.es:44077
DOI: 10.5018/economics-ejournal.ja.2015-10
Official URL: http://www.economics-ejournal.org/economics/journalarticles/2015-10
Deposited by: Memoria Investigacion
Deposited on: 10 Jan 2017 16:48
Last Modified: 10 Jun 2019 13:18
  • Logo InvestigaM (UPM)
  • Logo GEOUP4
  • Logo Open Access
  • Open Access
  • Logo Sherpa/Romeo
    Check whether the anglo-saxon journal in which you have published an article allows you to also publish it under open access.
  • Logo Dulcinea
    Check whether the spanish journal in which you have published an article allows you to also publish it under open access.
  • Logo de Recolecta
  • Logo del Observatorio I+D+i UPM
  • Logo de OpenCourseWare UPM