Climate Change, Risk and Grain Production in China
| dc.creator | Holst, Rainer | |
| dc.creator | Yu, Xiaohua | |
| dc.creator | Grun, Carola | |
| dc.date | 2017-04-01T17:59:08Z | |
| dc.date.accessioned | 2026-07-09T05:10:14Z | |
| dc.description | 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. | |
| dc.identifier | doi:10.22004/ag.econ.61177 | |
| dc.identifier | https://ageconsearch.umn.edu/record/61177/files/Rainer%20Holst%20-%20Climate%20Change_%20Risk%20and%20Grain%20Production%20in%20China.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/61177 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/559995 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/61177 | |
| dc.title | Climate Change, Risk and Grain Production in China | |
| dc.type | Text |