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Evaluating the economic impacts of crop yield change and sea level rise induced by climate change on Taiwan's agricultural sector
Version of Record online: 19 DEC 2011
© 2011 International Association of Agricultural Economists
Volume 43, Issue 2, pages 205–214, March 2012
How to Cite
Chang, C.-C., Chen, C.-C. and McCarl, B. (2012), Evaluating the economic impacts of crop yield change and sea level rise induced by climate change on Taiwan's agricultural sector. Agricultural Economics, 43: 205–214. doi: 10.1111/j.1574-0862.2011.00577.x
- Issue online: 14 FEB 2012
- Version of Record online: 19 DEC 2011
- Received 2 December 2009; received in revised form 17 April 2011; accepted 6 September 2011
- Sea level rise;
- Stochastic agricultural sector model;
- Adaptation strategy
This article investigates the effects of sea level rise and climate change induced crop yield alterations on Taiwan as well as possible adaptation strategies. For sea level rise of up to 5 meters, as much as 4.9% of total acreage and 16% of rice acreage would be lost. The empirical findings show that the sea level damages range from NT$ 0.84 to 4.10 billion while crop yield losses range from NT$ 1.79 to 2.55 billion. We investigate alternative adaptation strategies finding crop yield technological progress and tariff reduction could significantly mitigate these effects.