| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Climate Change, Risk and Grain Production in China
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| Autores: |
Holst, Rainer
Yu, Xiaohua
Grun, Carola
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| Data: |
2010-04-30
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| Ano: |
2010
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| Palavras-chave: |
Agriculture
Grain production
Climate change
Production risk
China
Crop Production/Industries
Environmental Economics and Policy
Risk and Uncertainty
Q1
Q54
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| Resumo: |
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 reveals no endogeneity of climate variables in Chinese grain production.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/61177
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| Relação: |
Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
Selected Paper
11240
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| Formato: |
29
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