economic impacts of climate change in developing countries

This is a preview of subscription content, access via your institution. Climate change is likely to reduce economic growth in developing countries; significant investments in climate change adaptation are necessary Climate change is likely to have a significant impact on the economies of developing countries. https://doi.org/10.1023/A:1008204419284, DOI: https://doi.org/10.1023/A:1008204419284, Over 10 million scientific documents at your fingertips, Not logged in Part of Springer Nature. Please note that corrections may take a couple of weeks to filter through & van de Steeg, J. The Economic Impacts of Natural Disasters: A Review of Models and Empirical Studies . First, in the long term, they lower the deleterious impacts of rapid climate change on economic activity. Within developing countries, the poor would likely be the most heavily affected by climate change. Rosenzweig, C. and M. Parry (1994), ‘Potential Impact of Climate Change on World Food Supply’, Nature World Bank (various issues), World Bank Tables, The World Bank, Washington D. C. University of California at Berkeley, USA, Paul Winters, Rinku Murgai, Elisabeth Sadoulet & Alain de Janvry, University of California, Berkeley, CA, 94720-3310, USA), You can also search for this author in - 123.30.50.74. Parry, M. T. Carter, and N. Konijn, eds. ", de Boer, P.M.C. Environmental and Resource Economics 12, 1–24 (1998). the various RePEc services. Climate change has the potential to reverse significant development gains made in these countries. Case studies of important cereal crops, A Hybrid Top-Down, Bottom-Up Regional Computable General Equilibrium Model. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - Leibniz Information Centre for Economics). In developing countries, women and girls are disproportionately affected by the negative … This study assesses the economy-wide and regional effects of climate change induced productivity and labor supply shocks in agriculture in Ethiopia. Climate change not only threatens lives but also the health of the global economy. 1 Madison, WI: Crop Science Society of America. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Subscription will auto renew annually. A changing climate may cause major migrations of displaced peoples which will affect all countries. Darwin, R., M. Tsigas, J. Lewandrowski, and A. Raneses (1995), World Agriculture and Climate Change, Economic Research Service Agricultural Economic Report No. The pair's IAM also shows that developing countries may suffer the most from climate change effects. Climate Change in Least Developed Countries Least Developed Countries (LDCs) are some of the most vulnerable to climate change. 13, 19–42. The study shows, in worst case scenario, the effects on national GDP may add up to -8% with uneven regional effects ranging from -10% in agrarian regions (e.g. Tax calculation will be finalised during checkout. https://www.econstor.eu/bitstream/10419/163523/1/89460421X.pdf, Economic effects of climate change in developing countries: Economy-wide and regional analysis for Ethiopia, Economics of Adaptation to Climate Change: Ethiopia, Volume 2. ", Peter J. Higgs & B. R. Parmenter & Russell J. Rimmer, 1988. Pearman, G. ed. (1992), Climate Change 1992, Supplementary report to the IPCC Scientific Assessment, Cambridge University Press, Cambridge. ", Hertel, Thomas W. & Lobell, David B., 2012. We have learned that the most effective approaches to address the impacts of climate change are those that take into consideration overall national development objectives and include broad stakeholder engagement across all levels of governance (national, subnational, local) and all vulnerable sectors of the economy. 7(4), 367–389. Hurricanes, cyclones and typhoons devastate millions of people, leaving them in absolute poverty after ruthlessly sweeping away their communities. The Economics of the Joint Management of Water Resources and Aquatic Species in the United States. The absence of young laborers in these villages leaves women and children with no option but to take up tools and head for the farms. Sonka, S. (1991), ‘Methodological Guidelines for Assessing the Socio-Economic Impacts of Climate Change on Agriculture’, in OECD, ed., Climate Change Evaluating the Socio-Economic Impacts, Paris: OECD. This report assesses economic growth and development risks and opportunities for African countries in two scenarios of future climate changes: a low scenario that until mid-century is consistent with the Paris Agreement (well below 2˚C, pursue 1.5°C) and a high-warming scenario (2˚C by 2050, exceeding 4˚C by 2100). Cline, W. R. (1992), The Economics of Global Warming, Institute for International Economics, Washington, D. C. Crosson, P. (1993), ‘Impact of Climate Change on the Agriculture and Economy of Missouri, Iowa, Nebraska, and Kansas (MINK) Region’, in H. Kaiser and T. Drennen, eds., Agricultural Dimensions of Global Climate Change, Delray Beach, FL: St. Lucie Press. 2: Assessments in Semi-Arid Areas, Dordrecht, The Netherlands: Kluwer. Parry, M. (1990), Climate Change and World Agriculture, Earthscan Publications Limited, London. 82(1), 1–14. 2 29 Sep 2020. A changing climate affects the poorest people in developing countries the most. Countervailing policies to mitigate negative effects should focus on integration in the international market and the production of food crops in Africa, and on the production of export crops in Latin America and Asia. 13(2), 348–356. Bass, B., H. Venema, and E. Schiller (1996), ‘Adaptation of Food Production to Drought in the Senegal River Basin’, in T. E. Downing, ed., Climate Change and World Food Security, Heidelberg: Springer-Verlag. The study shows, in worst case scenario, the effects on national GDP may add up to -8% with uneven regional effects ranging from … 2: Assessments in Semi-Arid Areas, Dordrecht, The Netherlands: Kluwer. This study assesses the economy-wide and regional effects of climate change induced productivity and labor supply shocks in agriculture in Ethiopia. 19(2), 149–164. ", Waithaka, Michael & Nelson, Gerald C. & Thomas, Timothy S. & Kyotalimye, Miriam (ed. Simulations help identify those underlying structural features of economies which are the primary determinants of differential impacts; these are suggestive of policy instruments to countervail undesirable effects. & Notenbaert, A. © 2021 Springer Nature Switzerland AG. ", Paul Evangelista & Nicholas Young & Jonathan Burnett, 2013. Economic and Welfare Impacts of Climate Change on Developing Countries. ", Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2012. Amhara) to +2.5% in urbanized regions (e.g. ETH Zurich and University of Bern. Quantifying the economic effects of climate change is a crucial step for planning adaptation in developing countries. General contact details of provider: http://edirc.repec.org/data/pltudde.html . (1988), The Impact of Climatic Variations on Agriculture, Vol. Has climate change driven urbanization in Africa? However, Africa, with its low substitution possibilities between imported and domestic foods, fares worst in terms of income losses and the drop in consumption of low income households. It highlights the risks to which African countries are exposed Sustainable development impacts of climate change and natural disaster . By 2050, cumulative damages from climate change may reach $8 trillion, impoverishing by 3% of gross world product and the poorest regions by more of their gross domestic … ERLCOR821, Corvallis, OR: U. S. Environmental Protection Agency. Public profiles for Economics researchers, Various rankings of research in Economics & related fields, Curated articles & papers on various economics topics, Upload your paper to be listed on RePEc and IDEAS, RePEc working paper series dedicated to the job market, Pretend you are at the helm of an economics department, Data, research, apps & more from the St. Louis Fed, Initiative for open bibliographies in Economics, Have your institution's/publisher's output listed on RePEc. ", Christoph Müller & Richard D. Robertson, 2014. ". Hundreds of millions of people may be at risk of climate-related poverty, especially in developing countries, if the global economy does not cut greenhouse gas emissions, a UN report warned in October. See general information about how to correct material in RePEc. Tobey, J., J. Reilly and S. Kane (1992), ‘Economic Implications of Global Climate Change for World Agriculture’, Journal of Agricultural and Resource Economics It also allows you to accept potential citations to this item that we are uncertain about. 14, No. Warnings on the dire consequences of climate change in the coming years have been ramping up recently. Schelling, T. (1992), ‘Some Economics of Global Warming’, American Economic Review Results show that all these countries will potentially suffer income and production losses. Rosenzweig, C. (1985), ‘Potential for CO2 - Induced Climate Effects on North American Wheat-Producing Regions’, Climatic Change This allows to link your profile to this item. Mendelsohn, R., W. Nordhaus, and D. Shaw (1994), ‘The Impact of Global Warming on Agriculture: A Ricardian Analysis’, American Economic Review According to the World Health Organization, as of the year 2030, climate change is expected to contribute to approximately 250,000 additional deaths per year, from malnutrition, malaria, diarrhea and heat stress. Smit, B., M. Brklacich, M. Stewart, R. McBride, R. Brown, and D. Bond (1989), ‘Sensitivity of Crop Yields and Land Resource Potential to Climate Change in Ontario, Canada’, Climatic Change If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. 13, No. industrialised countries, or through migration pressures. Kailin Kroetz, Yusuke Kuwayama, and ; Caroline Vexler; Vol. As well as its serious impact on the environment and people, climate change is one of the biggest threats to economic stability. The impact of global climate change on developing countries is analyzed using CGE-multimarket models for three archetype economies representing the poor cereal importing nations of Africa, Asia, and Latin America. All material on this site has been provided by the respective publishers and authors. Otherwise, climate change may hamper economic progress of the country, and make rural livelihood unpredictable. Fischer, G., K. Frohberg, M. L. Parry, and C. Rosenzweig (1994), ‘Climate Change and World Food Supply, Demand and Trade: Who benefits, Who loses?’, Global Environmental Change Immediate online access to all issues from 2019. Schroders The impact … ", Hertel, Thomas W. & Lobell, David B., 2014. ", Sherman Robinson & Kenneth Strzepek & Dirk Willenbockel, 2011. Simulations help identify those … ", Sherman Robinson & Dirk Willenbockel & Kenneth Strzepek, 2012. 740. (1993), Implications of Climate Change for International Agriculture: Crop Modeling Study, Environmental Protection Agency, Washington, D. C. Rosenzweig, C. and M. Parry (1993), ‘Potential Impacts of Climate Change on World Food Supply: A Summary of a Recent International Study’, in H. Kaiser and T. Drennen, eds., Agricultural Dimensions of Global Climate Change, Delray Beach, FL: St. Lucie Press. ", Henderson, J. Vernon & Storeygard, Adam & Deichmann, Uwe, 2017. Wilks, D. (1989), ‘Estimating the Consequences of CO2 - Induced Climatic Change on North American Grain Agriculture Using General Circulation Model Information’, Climatic Change Kane, S., J. Reilly and J. Tobey (1991), Climate Change: Economic Implications for World Agriculture, AER647, USDA-Economic Research Service, Washington D. C. Kokoski, M. and V. K. Smith (1987), ‘A General Equilibrium Analysis of Partial Equilibrium Welfare Measures’, American Economic Review Tsigas, M., G. Frisvold, and B. Kuhn (1996), ‘Global Climate Change and Agriculture’, in T. Hertel, ed., Global Trade Analysis: Modeling and Applications, Cambridge: Cambridge University Press. 4(1), 7–23. 2 29 Sep 2020. volume 12, pages1–24(1998)Cite this article. de Melo, J. and S. Robinson (1982), ‘Trade Adjustment Policies and Income Distribution in Three Archetype Developing Countries’, Journal of Development Economics Both scenarios are disastrous to the economy, especially in a developing country. W. J. Wouter Botzen, Olivier Deschenes, and ; Mark Sanders; Vol. (1992), The Potential Socioeconomic Effects of Climate Change in South-East Asia, U. N. Environmental Programme, Nairobi. The plot above shows the projected impacts of climate change on GDP per capita between now and 2100 for the World. Learn more about Institutional subscriptions. Environmental and Resource Economics The Pacific developing member countries of ADB are highly vulnerable to the predicted effects of climate change, including higher sea levels, intense storm surges and cyclones, erratic rainfall patterns, and major temperature fluctuations. Winters, P., R. Murgai, A. de Janvry, E. Sadoulet, and G. Frisvold (1995), ‘Climate Change and Agriculture: An Analysis of the Effects to Developing Economies’, in G. Frisvold and B. Kuhn, eds., Global Environmental Change and Agriculture: Assessing the Impacts, Washington, D. C.: USDA, Economic Research Service, Forthcoming. Quantifying the economic effects of climate change is a crucial step for planning adaptation in developing countries. As a result, countries require a diversity of adaptation measures very much depending Schimmelpfennig, D., J. Lewandrowski, J. Reilly, M. Tsigas, and I. Parry (1996), Agricultural Adaptation to Climate Change: Issues of Long run Sustainability, Economic Research Service Agricultural Economic Report No. If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. (1989), Greenhouse: Planning for Climate Change, Melbourne: CSIRO. West african agriculture and climate change: A comprehensive analysis: East african agriculture and climate change: A comprehensive analysis: East African agriculture and climate change: A comprehensive analysis, Weather Shocks, Agricultural Production and Migration: Evidence from Tanzania, The impacts of climate change on livestock and livestock systems in developing countries: A review of what we know and what we need to know, General equilibrium effects of public adaptation in agriculture in LDCs: Evidence from Ethiopia, Climate Change, Agriculture, and Economic Development in Ethiopia, Yalew, Amsalu W. & Hirte, Georg & Lotze-Campen, Hermann & Tscharaktschiew, Stefan, 2017. Houghton, J., B. Callander and S. Varney, eds. The World Bank’s global study on adaptation costs— Economics of Adaptation to Climate Change (EACC)—released in 2009 found that the price tag of adapting to climate change in developing countries to be $75-$100 billion per year for the period 2010 to 2050. ), 2013. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, … & Missaglia, M., 2006. 17(1), 195–204. Key to understanding these issues and concerns are the politics that underlie climate change and development interactions. 421–448, Heidelberg: Springer. Adverse weather events have also made the African country one of the most vulnerable to climate change with 72 deaths — 0.27 per 100,000 inhabitants — about 568 million dollars in economic losses and a drop in per capita GDP of 1.32%. Climate vulnerability in developing countries occurs in four impact areas: health, extreme weather, habitat loss, and economic stress. ", Jalloh, Abdulai & Nelson, Gerald C. & Thomas, Timothy S. & Zougmoré, Robert & Roy-Macauley, Harold, 2013. 50 years of urbanization in Africa : examining the role of climate change, LSE Research Online Documents on Economics, Drought and Population Mobility in Rural Ethiopia, The effect of climate change on economic growth: Evidence from Sub-Saharan Africa, Projecting future crop productivity for global economic modeling, Estimation of income elasticities and their use in a CGE model in Palestine, Temperature Shocks and Economic Growth: Evidence from the Last Half Century, American Economic Journal: Macroeconomics, A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia, Economic Impact of Climate Change on Crop Production in Ethiopia: Evidence from Cross-section Measures, Adaptation to climate change and economic growth in developing countries, How will climate change spatially affect agriculture production in Ethiopia? 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