In this paper, we analyze the susceptibility of agricultural outputs to future climate change in Lebanon, and the extent to which it propagates to the economic system as a whole. We use a methodological framework in which physical and economic models are integrated for assessing the higher-order...

Climate variability is one of the main environmental causes of losses to the agricultural sector. Most of the methodological tools applied to estimate its economic cost usually account only for the direct impact on agricultural activity. In this paper we use an alternative approach in which a...

Brazilian government has recently confirmed the discovery of a huge oil and natural gas field in the pre-salt layer off the country's southeastern coast. It has been said that the oil fields can boost Brazil's oil production, and turn the country into one of the largest oil producers in the...