An annotated bibliography of research on the economic effects of climate change on agriculture
Kaiser, H.M.
Staff Paper Department of Agricultural and Applied Economics, University of Minnesota ( P94-10): 27pp.
1994
Document Number: 643799
This publication contains an annotative bibliography of articles on the potential economic impacts of global climate change on agriculture. For the most part, the articles summarized are published works in books or academic journals. Although the review is not all-inclusive, it provides a sizeable and representative survey of the literature. While it is difficult to form generalizations, several observations are drawn from the studies. Climate change will have distributional impacts, with developing countries generally worse off than developed countries. Poorer countries have less resources to invest in adaptation strategies and are at more risk of malnutrition or starvation if climate change leads to major increases in commodity prices. Under most analyses that predict higher commodity prices due to climate change, losses in consumer surplus in developed countries are typically offset by gains in producer surplus. Thus, total welfare losses are relatively small compared with national income.