Showing 1 - 10 of 579
We study how precipitation has affected food consumer price inflation (CPI), using dynamic panel estimation of food CPI Phillips curves across countries for 34 OECD member and candidate economies from 1985 to 2010 augmented with climate variables. We allow for nonlinear effects of precipitation...
Persistent link: https://www.econbiz.de/10013380872
commodity price shocks. Both approaches deliver similar conclusions. Specifically, an unfavorable food commodity market shock … raises food commodity prices, and leads to a rise in food, energy and core inflation, and to a persistent fall in real GDP …
Persistent link: https://www.econbiz.de/10011565633
Biotic factors such as pests create biodiversity effects that increase production risks and decrease land productivity when agriculture becomes more specialized. We show in a Ricardian two-country trade setup that production specialization is incomplete under free trade because of the decrease...
Persistent link: https://www.econbiz.de/10011286489
We re-examine the effects of negative weather anomalies during the growing season on the decision to migrate in rural households in five sub-Saharan African countries. To this end we combine a multi-country household panel dataset with high-resolution gridded precipitation data. We find that...
Persistent link: https://www.econbiz.de/10012818504
sector, endogenous fertility, directed technical change and fossil/renewable energy. We estimate the world economy is more …
Persistent link: https://www.econbiz.de/10012138747
This paper uses the endogenous regime switching model with dynamic feedback and interactions developed by Chang et al. (2023) to estimate global food price mean and volatility indicators, the latter measuring uncertainty and risk in the global food market. Both are then included in structural...
Persistent link: https://www.econbiz.de/10014490903
This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … price shock can push the country into a situation where the elite face a commitment problem that only democratization can … resolve. Because the world price shock may also reduce average incomes, the model provides a way to understand why the level …
Persistent link: https://www.econbiz.de/10010485531
biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre …
Persistent link: https://www.econbiz.de/10009683169
How would climate change affect India’s agriculture which accounts for sixty percent of employment? We study the impact of climate change on the level and variability of yields of rice (India’s major food crop) and two key millet crops (sorghum and pearl millet), using an all India district...
Persistent link: https://www.econbiz.de/10012177019
This paper adopts an instrumental variable approach to uncover the impact of variations in minimum temperature on emergence and severity of actual violence through the effect on food availability, captured by rice crops per capita. The link between increase in minimum temperature and rice crops...
Persistent link: https://www.econbiz.de/10010250125