Article ID: | iaor2012729 |
Volume: | 43 |
Issue: | 2 |
Start Page Number: | 205 |
End Page Number: | 214 |
Publication Date: | Mar 2012 |
Journal: | Agricultural Economics |
Authors: | Chang Ching-Cheng, Chen Chi-Chung, McCarl Bruce |
Keywords: | economics |
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.