Climate volatility affects agricultural variability, and extreme climate outcomes have the potential to detrimentally affect food supply and prices in a given country. International trade has the potential to reduce the impacts of climate-induced food production variability, although it may...

Agriculture’s reliance on irrigation and concerns over water scarcity raise the question of how global food output and trade could be affected if the issue of water shortfall needs to be resolved on the back of agriculture. To understand changes in food production and international...

This paper outlines a conceptual framework for dealing with non-efficiency objectives in the pricing of publicly controlled natural resources. A general equilibrium model is developed and issues of model specification and solution are discussed. Finally, a numerical example serves to illustrate...

Replaced with revised version of paper 06/26/09.

This study assesses the potential interaction between climate change and agricultural trade policies. We distinguish between two dimensions of agricultural trade policy: market insulation and subsidy levels. Building on the previous work of Tsigas, Frisvold and Kuhn (1997) we find that, in the...

The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from...

Climate volatility will increase in the future, with agricultural productivity expected to become increasingly volatile as well. For Tanzania, where food production and prices are sensitive to the climate, rising climate volatility can have severe implications for poverty. We develop and use an...