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Evaluating the economic impacts of crop yield change and sea level rise induced by climate change on Taiwan's agricultural sector
Author(s) -
Chang ChingCheng,
Chen ChiChung,
McCarl Bruce
Publication year - 2012
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.1574-0862.2011.00577.x
Subject(s) - yield (engineering) , climate change , agriculture , crop , agricultural economics , damages , crop yield , economics , tariff , range (aeronautics) , sea level rise , environmental science , natural resource economics , geography , agronomy , forestry , international trade , engineering , ecology , political science , biology , materials science , archaeology , aerospace engineering , law , metallurgy
This article investigates the effects of sea level rise and climate change induced crop yield alterations on Taiwan as well as possible adaptation strategies. For sea level rise of up to 5 meters, as much as 4.9% of total acreage and 16% of rice acreage would be lost. The empirical findings show that the sea level damages range from NT$ 0.84 to 4.10 billion while crop yield losses range from NT$ 1.79 to 2.55 billion. We investigate alternative adaptation strategies finding crop yield technological progress and tariff reduction could significantly mitigate these effects.