GTAP Resources: Resource Display
GTAP Resource #3428 |
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"The Global Supply and Demand for Agricultural Land in 2050: A Perfect Storm in the Making? AAEA Presidential Address" by Hertel, Thomas Abstract Over the past three years, there has been a convergence of interest in the global farm and food system and its contributions to feeding the world’s population as well as to ensuring the environmental sustainability of the planet. The 2007/2008 commodity crisis underscored the vulnerability of the global food system to shocks from extreme weather events, energy and financial markets, as well as government interventions in the form of export bans and other measures designed to avoid domestic adjustment to global scarcity. We have learned that a “perfect storm” in which all these factors coincide can have a devastating impact on the world’s poor, as well as putting considerable pressure on the world’s natural resource base. As we look ahead to the middle of this century, will such commodity price spikes become more commonplace? Will the world’s agricultural resource base be up to the task of meeting the diverse demands being placed on it? |
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- Economic growth - Technological change - Climate change policy - Renewable energy |
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Public Access GTAP Working Paper No. 63 (206.5 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM