Mitter, Hermine; Heumesser, Christine; Schmid, Erwin - European Association of Agricultural Economists - EAAE - 2014
Agricultural vulnerability is assessed by (i) modelling climate change impacts on crop yields and gross margins, (ii … on adaptive capacity. We combine, spatially explicit, a statistical climate change model, the bio-physical process model … EPIC and a portfolio optimization model. Under climate change, optimal portfolios include higher shares of intensive crop …