| Título: | Climate Change, Risk and Grain Production in China |
| Autores: |
Holst, Rainer Yu, Xiaohua Grun, Carola |
| Fecha: |
2010-04-30 2010-04-30 2010 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Conference Paper or Presentation |
| Tema: |
Agriculture grain production climate change production risk China Crop Production/Industries Environmental Economics and Policy Risk and Uncertainty Q1 Q54 |
| Descripción: | This paper employs the production function-based method proposed by Just and Pope (1978, 1979) to explicitly analyze production risk in the context of Chinese grain farming and climate change, and test for a potential endogeneity of climate factors in Chinese grain production. Our results indicate that China might, at least in the short run, become a net beneficiary of climate change. In particular, we find that increases in annual average temperature increase mean output at the margin and at the same time lead to a reduction of production risk. Further calculations suggest that a 1 °C increase in annual average temperature would entail an economic benefit of $1.1 billion due to the increasing mean output. Furthermore, a Hausman test reveals no endogeneity of climate variables in Chinese grain production. |
| Idioma: | en |
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