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KMID : 1024520130220121691
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Journal of the Environmental Sciences
2013 Volume.22 No. 12 p.1691 ~ p.1698
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The Economic Impacts of Abnormal Climate on Fall Chinese Cabbage Farmers and Consumers
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Cho Jae-Hwan
Suh Jeong-Min
Kang Jum-Soon
Hong Chang-Oh
Shin Hyun-Moo
Lee Sang-Gyu
Lim Woo-Taik
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Abstract
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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.
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KEYWORD
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Fall chinese cabbage, Equilibrium displacement model, Economic impacts, Abnormal climate, Climate change scenarios
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