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http://dx.doi.org/10.5322/JESI.2013.22.12.1691

The Economic Impacts of Abnormal Climate on Fall Chinese Cabbage Farmers and Consumers  

Cho, Jae-Hwan (Department of Agricultural Economics, Pusan National University)
Suh, Jeong-Min (Department of Bio-Environmental Energy, Pusan National University)
Kang, Jum-Soon (Department of Horticultural Bioscience, Pusan National University)
Hong, Chang-Oh (Department of Life Science and Environmental Biochemistry, Pusan National University)
Shin, Hyun-Moo (Department of Environmental Engineer, Kyungsung University)
Lee, Sang Gyu (Vegetable Research Division, National Institute of Horticultural and Herbal Sciences)
Lim, Woo-Taik (Department of Applied Chemistry, Andong National University)
Publication Information
Journal of Environmental Science International / v.22, no.12, 2013 , pp. 1691-1698 More about this Journal
Abstract
The purpose of this article is analyzing the economic impacts of abnormal climate on fall chinese cabbage farmers and consumers in Korea, with employing the equilibrium displacement model. Our results show that there were little difference in gross farm income, even though there were significant yield reductions due to abnormal climate changes. However periodic occurrences of abnormal climates caused serious damage to consumption levels which had declined by 10.6~17.1 percent with higher prices by 15.3~24.6 percent than normal climate years since 1990.
Keywords
Fall chinese cabbage; Equilibrium displacement model; Economic impacts; Abnormal climate; Climate change scenarios;
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