Modeling agricultural production risk and the adaptation to climate change

Robert Finger () and Stéphanie Schmid

Agricultural Finance Review, 2008, vol. 68, issue 1, pages 25-41

Abstract: An approach that integrates biophysical simulations in an economic model is used to analyze the impact of climate change on Swiss corn and winter wheat production. Adaptation options such as changes in sowing dates, changes in production intensity, and the adoption of irrigation farming are considered in the model. By carrying out sensitivity analysis with different scenarios, we find farmers’ adaptation actions and crop yeilds to be very sensitive to both climate change and output prices. Moreover, our model results show that simple adaptation measures are sufficient to generate higher and less variable crop yields in the future.

Keywords: Biophysical modeling; Climate change; Crop production functions; Crop yields; Robust estimation; Yield variation (search for similar items in EconPapers)
Date: 2008
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Related works:
Working Paper: Modeling agricultural production risk and the adaptation to climate change (2007)
Working Paper: Modelling Agricultural Production Risk and the Adaptation to Climate Change (2007)
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