Ex post assessment methods of climate forecast impacts

Abstract

CR Climate Research Contact the journal Facebook Twitter RSS Mailing List Subscribe to our mailing list via Mailchimp HomeLatest VolumeAbout the JournalEditorsSpecials CR 33:67-79 (2006) - doi:10.3354/cr033067 Ex post assessment methods of climate forecast impacts Siwa Msangi, Mark W. Rosegrant*, Liangzhi You International Food Policy Research Institute, 2033 K Street NW, Washington, DC 20006, USA *Corresponding author. Email: m.rosegrant@cgiar.org. Authors are listed alphabetically and senior authorship is shared ABSTRACT: While a considerable body of literature has grown around the ex ante assessment of the value of climate forecast information, relatively little has been applied to ex post analyses. Using the literature that assesses the impact of agricultural research and extension as a starting point, our paper suggests advancements in survey design, data collection, econometric methodology and project evaluation that can improve ex post impact assessment of climate forecast information. We also emphasize the need to better integrate economic theory with empirical methodology, so as to account for behavioral dynamics and the presence of rigidities and fixities facing economic agents and food production systems. Through these types of advances in theoretical and empirical modeling, researchers will be better equipped to conduct ex post impact assessment and more accurately measure the value of the climate forecast information reaching the agricultural producer. KEY WORDS: Economic valuation · Econometric methods · Ex post assessment · Climate forecast Full text in pdf format PreviousNextExport citation RSS - Facebook - Tweet - linkedIn Cited by Published in CR Vol. 33, No. 1. Online publication date: December 21, 2006 Print ISSN: 0936-577X; Online ISSN: 1616-1572 Copyright © 2006 Inter-Research.