The role of trade in adaptation to climate change

Given our collective failure to mitigate greenhouse gas emissions, the world will have to adapt to a certain level of climate change. This may mean that as climate change affects crops’ yield potential, new patterns of comparative advantage, and hence new trade flows, will emerge. This column examin...

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Detalles Bibliográficos
Autores principales: Gouel, Christophe, Laborde Debucquet, David
Formato: Opinion Piece
Lenguaje:Inglés
Publicado: Centre For Economic Policy Research 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/145972
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author Gouel, Christophe
Laborde Debucquet, David
author_browse Gouel, Christophe
Laborde Debucquet, David
author_facet Gouel, Christophe
Laborde Debucquet, David
author_sort Gouel, Christophe
collection Repository of Agricultural Research Outputs (CGSpace)
description Given our collective failure to mitigate greenhouse gas emissions, the world will have to adapt to a certain level of climate change. This may mean that as climate change affects crops’ yield potential, new patterns of comparative advantage, and hence new trade flows, will emerge. This column examines the importance of the market adaptations in mediating welfare losses in the agricultural sector. The findings suggest a large role for international trade: when adjustments in trade flows are constrained, global welfare losses from climate change increase by 76%.
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spelling CGSpace1459722025-02-24T06:47:29Z The role of trade in adaptation to climate change Gouel, Christophe Laborde Debucquet, David greenhouse gases agricultural sector greenhouse gas emissions welfare crop yield trade climate change adaptation climate change Given our collective failure to mitigate greenhouse gas emissions, the world will have to adapt to a certain level of climate change. This may mean that as climate change affects crops’ yield potential, new patterns of comparative advantage, and hence new trade flows, will emerge. This column examines the importance of the market adaptations in mediating welfare losses in the agricultural sector. The findings suggest a large role for international trade: when adjustments in trade flows are constrained, global welfare losses from climate change increase by 76%. 2019-02-06 2024-06-21T09:05:28Z 2024-06-21T09:05:28Z Opinion Piece https://hdl.handle.net/10568/145972 en https://doi.org/10.1016/j.jeem.2020.102408 Open Access Centre For Economic Policy Research Gouel, Christophe; and Laborde Debucquet, David. 2019. The role of trade in adaptation to climate change. VoxEU. First published on February 6, 2019. https://new.cepr.org/voxeu/columns/role-trade-adaptation-climate-change
spellingShingle greenhouse gases
agricultural sector
greenhouse gas emissions
welfare
crop yield
trade
climate change adaptation
climate change
Gouel, Christophe
Laborde Debucquet, David
The role of trade in adaptation to climate change
title The role of trade in adaptation to climate change
title_full The role of trade in adaptation to climate change
title_fullStr The role of trade in adaptation to climate change
title_full_unstemmed The role of trade in adaptation to climate change
title_short The role of trade in adaptation to climate change
title_sort role of trade in adaptation to climate change
topic greenhouse gases
agricultural sector
greenhouse gas emissions
welfare
crop yield
trade
climate change adaptation
climate change
url https://hdl.handle.net/10568/145972
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