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Agricultural innovation and adaptation to climate change: Insights from US maize

Seungki Lee, Yongjie Ji, GianCarlo Moschini

2022Journal of the Agricultural and Applied Economics Association10 citationsDOIOpen Access PDF

Abstract

Abstract Climate change is a major threat to the global food supply, and adaptation by technological progress is essential. We show that the scope of the required innovation is challenging. Our benchmark is the estimated yield gain in US maize due to genetically engineered (GE) varieties. Extrapolated future yields, given climate projections, indicate significant negative impacts of climate change. Yield shortfalls, by the end of the century, range from 2.8 to 6.3 times the total yield gains from first‐generation GE varieties. Ambitious and targeted R&D efforts, and innovation breakthroughs, may be required to offset the negative impact of climate change.

Topics & Concepts

Climate changeAgricultureScope (computer science)Yield (engineering)Adaptation (eye)Natural resource economicsTechnological changeAgricultural biotechnologyOffset (computer science)Environmental scienceAgricultural economicsEconomicsGeographyComputer scienceEcologyBiologyMacroeconomicsArchaeologyMetallurgyNeuroscienceMaterials scienceProgramming languageClimate change impacts on agricultureAgricultural risk and resilienceAgricultural Economics and Policy
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