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CLIMATE CHANGE AND PRODUCTION RISK IN CHINESE AQUACULTURE AgEcon
Holst, Rainer; Yu, Xiaohua.
Drawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C increase in annual average temperature will be determined. According to the results obtained, the impending changes in global climate will have both positive and negative impacts. While an increment in annual average temperatures will increase mean output and decrease production risk, an increase in temperature variability will reduce mean output and cause a higher level of production risk. The corresponding measures of precipitation however have no significant impact...
Tipo: Conference Paper or Presentation Palavras-chave: Aquaculture; Climate change; Production risk; China; Environmental Economics and Policy; Resource /Energy Economics and Policy; Risk and Uncertainty; Q1; Q54.
Ano: 2010 URL: http://purl.umn.edu/91275
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Applying the Payment Card Approach to Estimate the WTP for Green Food in China AgEcon
Tian, Xu; Yu, Xiaohua; Holst, Rainer.
This paper uses a payment card approach to reveal consumers‟ willingness to pay for green food in China. We first present a brief introduction of the payment card approach and introduce several methods to estimate the WTP with payment cards, which we subsequently use to estimate WTP values regarding green vegetables, green meat and green eggs in China. Our results indicate that consumers in big cities are willing to pay a higher premium for green food and that WTP values are relatively higher for more expensive food than for cheaper food. In addition, the ratios of premium to price range mainly between 25% and 50% and WTP values obtained from interval midpoint approach are relatively higher than those calculated by other approaches.
Tipo: Conference Paper or Presentation Palavras-chave: WTP; Payment card; Green food; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/115533
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Climate Change, Risk and Grain Production in China AgEcon
Holst, Rainer; Yu, Xiaohua; Grun, Carola.
This paper employs the production function-based method proposed by Just and Pope (1978, 1979) to explicitly analyze production risk in the context of Chinese grain farming and climate change, and test for a potential endogeneity of climate factors in Chinese grain production. Our results indicate that China might, at least in the short run, become a net beneficiary of climate change. In particular, we find that increases in annual average temperature increase mean output at the margin and at the same time lead to a reduction of production risk. Further calculations suggest that a 1 °C increase in annual average temperature would entail an economic benefit of $1.1 billion due to the increasing mean output. Furthermore, a Hausman test...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Grain production; Climate change; Production risk; China; Crop Production/Industries; Environmental Economics and Policy; Risk and Uncertainty; Q1; Q54.
Ano: 2010 URL: http://purl.umn.edu/61177
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