THE ECONOMIC CONSEQUENCES OF ENSO EVENTS: THE 1997-98 EL NINO AND THE 1998-99 LA NINA
| dc.creator | Adams, Richard M. | |
| dc.creator | Chen, Chi-Chung | |
| dc.creator | McCarl, Bruce A. | |
| dc.creator | Weiher, Rodney | |
| dc.date | 2017-04-01T16:54:11Z | |
| dc.date.accessioned | 2026-07-09T03:45:38Z | |
| dc.description | Climate is the primary determinant of agricultural productivity. In many parts of the world, including the United States, one can trace much of the year-to-year variations in climate to the El Nino-Southern Oscillation phenomenon. In 1997-98 the world experienced a severe El event and this is being flowed by a strong 1998-99 La Nina. The work underlying this develops estimates of the economic consequences of these events on U.S. agriculture. Both phases result in economic damages -- a $1.5 to $1.7 billion loss for the El Nino and a $2.2 to $6.5 billion for La Nina. The major conclusion is that ENSO events do impose costs on agriculture and consumers. | |
| dc.identifier | doi:10.22004/ag.econ.24013 | |
| dc.identifier | https://ageconsearch.umn.edu/record/24013/files/fp99-02.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/24013 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/539435 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/24013 | |
| dc.title | THE ECONOMIC CONSEQUENCES OF ENSO EVENTS: THE 1997-98 EL NINO AND THE 1998-99 LA NINA | |
| dc.type | Text |