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We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it will also be an adaptation to future climate change....
Persistent link: https://www.econbiz.de/10010483571
1960 to 2015. The model integrates several features necessary to study the problem, including an explicit agriculture … sector, endogenous fertility, directed technical change and fossil/renewable energy. We estimate the world economy is more … than one trillion dollars smaller, and world population more than 80 million smaller, than would have been the case without …
Persistent link: https://www.econbiz.de/10012138747
How would climate change affect India’s agriculture which accounts for sixty percent of employment? We study the impact …
Persistent link: https://www.econbiz.de/10012177019
agriculture, little is known about the changes within the rural agricultural sector. Yet, the agricultural sector continues to …
Persistent link: https://www.econbiz.de/10011926385
This paper evaluates the Morningstar mutual fund ranking system. We find that indeed higher Morningstar ratings are associated with higher returns on the portfolios including respectively five-, four-, three-, two- and one-star funds only (STAR5 to STAR1). We then perform an unconditional and...
Persistent link: https://www.econbiz.de/10003817961
when agriculture becomes more specialized. We show in a Ricardian two-country trade setup that production specialization is …
Persistent link: https://www.econbiz.de/10011286489
We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First, we embed a novel quarterly composite global production index for the four basic staples (corn, wheat, rice and soybeans) in a standard vector autoregression (VAR) model, and we...
Persistent link: https://www.econbiz.de/10011565633
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
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
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more … partly, be filled by the Ifo World Economic Survey (WES). In this paper we first describe this survey and also examine how …-to-date information about the cyclical stage of the global economy and of major emerging and developing regions including Africa …
Persistent link: https://www.econbiz.de/10011547810