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Climate change impacts on European agriculture: a multi model perspective

Stefan Frank, Heinz-Peter Witzke, Andrea Zimmermann, Petr Havlík and Pavel Ciaian

No 183025, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists

Abstract: We present and integrated supply and demand side analysis of climate change impacts on the agricultural sector from a European perspective based on a joint application of two European focused global partial equilibrium models. Results show that climate change would considerably affect agricultural supply and demand quantities as well as producer prices. Nevertheless, adaptation mechanism such as reallocation of production or intensification can help to absorb the initial climate shock so that impacts on the demand side are eventually significantly smaller. Differences between the two models applied are negligible when comparing results to the output spectrum from other global partial and general equilibrium models running the same scenarios.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-env
Date: 2014-08
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