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The potential impact of climate change on Taiwan's agriculture
Author(s) -
Chang ChingCheng
Publication year - 2002
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/j.1574-0862.2002.tb00104.x
Subject(s) - climate change , yield (engineering) , agriculture , natural resource economics , economics , welfare , precipitation , agricultural economics , global warming , effects of global warming , crop yield , environmental science , geography , agronomy , ecology , meteorology , market economy , materials science , archaeology , metallurgy , biology
This paper intends to estimate the potential impact of climate change on Taiwan's agricultural sector. Yield response regression models are used to investigate the climate change's impact on 60 crops. A price‐endogenous mathematical programming model is then used to simulate the welfare impacts of yield changes under various climate change scenarios. Results suggest that both warming and climate variations have a significant but non‐monotonic impact on crop yields. Society as a whole would not suffer from warming, but a precipitation increase may be devastating to farmers.