Impacts of Climate Change and Agricultural Diversification on Agricultural Production Value of Thai Farm Households

Benjapon Prommawin, Nattanun Svavasu, Spol Tanpraphan, Voravee Saengavut, Theepakorn Jithitikulchai, Witsanu Attavanich and Bruce McCarl

No 184, PIER Discussion Papers from Puey Ungphakorn Institute for Economic Research

Abstract: This paper examines how rising temperatures impact the agricultural production value of Thai farmers, compares potential adaptation strategies like agricultural diversification, and analyzes future projections based on IPCC AR6 scenarios. We analyze nationally representative socioeconomic survey data from farm households alongside ERA5 weather data, utilizing econometric regression analysis. Our analysis reveals that higher temperatures lead to a reduction in agricultural output value, with the situation expected to worsen as global warming progresses. Furthermore, we find that households with diversified production practices, such as a variety of agricultural activities or multicropping, exhibit a greater capacity to adapt to rising temperatures. These findings substantiate the importance of the country’s policies promoting integrated farming and diversified crop-mix strategies.

Keywords: climate change; Agricultural diversification; Agricultural households; Cimate resiliencer; Irrigation; Sustainable development (search for similar items in EconPapers)
JEL-codes: O13 O44 Q12 Q54 (search for similar items in EconPapers)
Pages: 68 pages
Date: 2022-08, Revised 2024-05
New Economics Papers: this item is included in nep-agr, nep-dev and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Impacts of climate change and agricultural diversification on agricultural production value of Thai farm households (2024)
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