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GTAP Resources: Resource Display

GTAP Resource #3661

"Economic impacts of agricultural policy responses to climate change in Europe"
by Quiroga, Sonia, Ana Iglesias, Jeremy Schlickenrieder and Luis Garrote

The study provides monetary estimates of the effects of agricultural adaptation to climate change in Europe. The study combines available data sets of crop productivity changes under climate change (Iglesias et al 2011, Ciscar et al 2011), statistical functions of productivity response to water and nitrogen inputs, catchment level water availability, and environmental policy scenarios. While aspects of climate change such as longer growing seasons and warmer temperatures may bring some benefits; there will also be a range of adverse impacts, including reduced water availability and more severe environmental restrictions.Future global change scenarios are derived from several socio-economic futures of representative concentration pathways and regional climate models. The economic valuation is conducted by using GTAP general equilibrium model, including all relevant economic activities to consider the production, consumption, and policy. The model allocates domestic and foreign consumption and regional production based on perturbations of crop productivity. The economic analysis contributes to the understanding of the relative contributions of the climate and socio-economic changes in the future in the agricultural sector. The success of adaptation depends on the strategy, and it is determined by the economic, social, and environmental vulnerability. The study also includes the analysis of an adaptive capacity index computed by using the socio-economic results of GTAP. The results are combined to prioritize agricultural adaptation policy needs in Europe.

Resource Details (Export Citation) GTAP Keywords
Category: 2011 Conference Paper
Status: Published
By/In: Presented at the 14th Annual Conference on Global Economic Analysis, Venice, Italy
Date: 2011
Created: Quiroga, S. (4/18/2011)
Updated: Quiroga, S. (4/18/2011)
Visits: 1,099
- Climate change policy
- European Union

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