Trade effects of climate change: An application to MENA countries
Nicolas Peridy () and
Marc Brunetto ()
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Marc Brunetto: Université de Toulon (LEAD)
Economics Bulletin, 2013, vol. 33, issue 4, 2905-2912
Abstract:
This paper tests the relationship between climate and trade of agricultural products in MENA countries, using bilateral data disaggregated at product level. The model includes gravity control variables and addresses the selection bias with disaggregated production variables in a Heckman two-step procedure. Results show that a rise in temperature and a decrease in precipitation significantly reduce exports and increase imports in MENA countries. This raises the question of food security in these countries.
Keywords: trade; climate; agriculture; MENA countries (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Date: 2013-12-23
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-13-00270
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