Systemic Risk in Global Agricultural Markets and Trade Liberalization under Climate Change: Synchronized Crop-Yield Change and Agricultural Price Volatility

Systemic Risk in Global Agricultural Markets and Trade Liberalization under Climate Change: Synchronized Crop-Yield Change and Agricultural Price Volatility

Climate change will increase simultaneous crop failures or too abundant harvests, creating global synchronized yield change (SYC), and may decrease stability in the portfolio of food supply sources in agricultural trade. This study evaluated the influence of SYC on the global agricultural market and...

Full description

Bibliographic Details
Main Authors: Yoji Kunimitsu, Gen Sakurai, Toshichika Iizumi
Format: Article
Language:English
Published: MDPI AG 2020-12-01
Series:Sustainability
Subjects:
agricultural trade liberalization
computable general equilibrium (CGE) model
crop model
food security
simultaneous crop failure
social welfare
Online Access:https://www.mdpi.com/2071-1050/12/24/10680

Internet

https://www.mdpi.com/2071-1050/12/24/10680

Similar Items