CLIMATE VARIABILITY AND FOOD CRISES IN BURKINA FASO: A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS
This paper is an attempt to assess the impact of climate change on households’ food security in Burkina Faso using a computable general equilibrium (CGE) model in which we incorporate a random parameter that captures the effect of climate fluctuations on crop yields and on international food pric...
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| Format: | Article |
| Language: | English |
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International Journal of Food and Agricultural Economics
2017-01-01
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| Series: | International Journal of Food and Agricultural Economics |
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| Online Access: | http://foodandagriculturejournal.com/vol5.no5.pp79.pdf |
| Summary: | This paper is an attempt to assess the impact of climate change on households’ food
security in Burkina Faso using a computable general equilibrium (CGE) model in which we
incorporate a random parameter that captures the effect of climate fluctuations on crop yields
and on international food prices. The CGE model has been calibrated to reproduce past trends
of Burkina Faso’s economy. The results of our simulations show that the impact of increased
climatic shocks, due to climate change is felt more by rural poor who highly depend on
agriculture. However, given the strong relationship between agriculture and the rest of the
economy, low income households in urban areas are also affected. Conversely, the impact of
climatic shocks is not as significant for urban non-poor given the level and source of revenue
as well as the diversification of their consumption. The results also illustrate the complexity of
the mechanisms at work in the explanation of a food crisis occurrence. |
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| ISSN: | 2147-8988 2147-8988 |