A general equilibrium assessment of climate change–induced loss of agricultural productivity in Nepal
Article
Article Title | A general equilibrium assessment of climate change–induced loss of agricultural productivity in Nepal |
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ERA Journal ID | 18345 |
Article Category | Article |
Authors | Chalise, Sudarshan (Author), Naranpanawa, Athula (Author), Bandara, Jayatilleke S. (Author) and Sarker, Tapan (Author) |
Journal Title | Economic Modelling |
Journal Citation | 62, pp. 43-50 |
Number of Pages | 8 |
Year | 2017 |
Place of Publication | Netherlands |
ISSN | 0264-9993 |
1873-6122 | |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.econmod.2017.01.014 |
Web Address (URL) | https://www.sciencedirect.com/science/article/pii/S0264999316305004 |
Abstract | The impact of climate change on agriculture has been one of the most discussed topics in the literature on climate change. Multi-regional computable general equilibrium (CGE) models have frequently been used to examine the impact of climate change on agriculture. However, these studies do not focus on country-specific issues related to the link between climate change and agriculture. This paper aims to address this gap by investigating the economy-wide impacts of climate change on Nepalese agriculture. Nepal makes an interesting case study as it has one of the most vulnerable agricultural economies in South Asia. This paper develops a comparative static multi-household CGE model to trace the direct and indirect impacts of climate change in Nepal. The results suggest that climate change has a significant negative impact on the overall Nepalese economy due to the induced loss of agricultural productivity. The results further reveal that rural households in Nepal, whose livelihoods primarily depend on subsistence farming, will face additional climate change–induced stresses due to already overstrained poverty and a weak social welfare system. The results indicate an urgent need to mainstream adaptation strategies to lessen the negative impacts of any climate change–induced loss of agricultural productivity in Nepal. |
Keywords | agricultural productivity; Climate change; general equilibrium; impact assessment; Nepal |
ANZSRC Field of Research 2020 | 350201. Environment and climate finance |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Griffith University |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q731z/a-general-equilibrium-assessment-of-climate-change-induced-loss-of-agricultural-productivity-in-nepal
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