Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:51:13am WEST
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Daily Overview |
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Climate Change Adaptation: Food and Agriculture 2 Location: B003 Session Chair: Liyuan Zhang, Texas A&M University | |
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Crop Prices and Heat Damage in Agriculture 1: INRAE, France; 2: University of Paris-Saclay, France This paper examines the role of crop prices in shaping farmers' adaptation to extreme heat and related damages to agricultural productivity. Using regional projections of international crop prices across Europe from 1990 to 2020, our econometric analysis shows that higher prices systematically exacerbate local heat damages on the yields of seven major crops. For instance, a 10\% price increase amplifies the negative effects of extreme heat exposure by 1%, 7%, and 8% for sugar beet, wheat, and maize yields, respectively. A simple theoretical framework – supported by empirical evidence – explains this counter-intuitive result: while higher crop prices encourage farmers to increase crop yields (via higher input use), they reduce the effectiveness of adaptation practices (as marginal input productivity reduces when input use increases). These combined effects imply that, contrary to predictions from simulation-based equilibrium models, global price adjustments to climate change may not offset heat-induced yield losses locally – and may even worsen them. | |