THE CHALLENGE OF CLIMATE CHANGE ADAPTATION FOR AGRICULTURE: AN ECONOMICALLY ORIENTED REVIEW

Bruce McCarl, Anastasia Thayer and Jason P. H. Jones

Journal of Agricultural and Applied Economics, 2016, vol. 48, issue 4, 321-344

Abstract: Climate change is occurring. Deviations from historic temperatures and precipitation plus increased frequency of extreme events are modifying agriculture systems globally. Adapting agricultural management practices offers a way to lessen the effects or exploit opportunities. Herein many aspects of the adaptation issue are discussed, including needs, strategies, observed actions, benefits, economic analysis approaches, role of public/private actors, limits, and project evaluation. We comment on the benefits and shortcomings of analytical methods and suggested economic efforts. Economists need to play a role in such diverse matters as projecting adaptation needs, designing adaptation incentives, and evaluating projects to ensure efficiency and effectiveness.

Date: 2016
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Journal Article: The Challenge of Climate Change Adaptation for Agriculture: an Economically Oriented Review (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:48:y:2016:i:04:p:321-344_00

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