EFFECTS OF CLIMATE CHANGE ON RICE YIELD AND RICE MARKET IN VIETNAM

We evaluate the effects of climate change on Vietnam's rice market. Results suggest that under a low-emission scenario and without interventions, rice production would drop by as much as 18% by 2030 relative to the 1980–1999 average. Farm and wholesale prices would increase by 1.86%, causing do...

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Bibliographic Details
Published inJournal of agricultural and applied economics Vol. 48; no. 4; pp. 366 - 382
Main Author LE, TRANG T. H.
Format Journal Article
LanguageEnglish
Published New York, USA Cambridge University Press 01.11.2016
Subjects
Agricultural production
Agriculture
Climate change
Climate effects
Consumption
Crop production
Crops
El Nino
Literature reviews
Per capita
Precipitation
Prices
Rain
Rice
Seasons
Simulation
Temperature
ISEW, Vietnam
equilibrium displacement
Climate change
rice yield
R11
rice market
cointegration
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Summary:We evaluate the effects of climate change on Vietnam's rice market. Results suggest that under a low-emission scenario and without interventions, rice production would drop by as much as 18% by 2030 relative to the 1980–1999 average. Farm and wholesale prices would increase by 1.86%, causing domestic demand to fall by 0.38%. The export sector would experience a rise of 6.94% in export free-on-board prices and a drop of 55.36% in export quantities. Farmers would experience a sales loss of 16.02%, whereas wholesalers would see a sales gain of 1.48%. For exporters, their sales loss would amount to 48.42%.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
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ISSN:1074-0708
2056-7405
DOI:10.1017/aae.2016.21