Reviewing climate change and agricultural market competitiveness

TL;DR

This paper reviews existing literature on how climate change impacts agricultural market competitiveness and proposes methods to empirically validate this relationship, aiming to develop an index incorporating climate effects.

Contribution

It synthesizes knowledge linking climate change and agricultural competitiveness and suggests an approach to empirically validate this link for better market analysis.

Findings

Identifies key factors linking climate change to market competitiveness

Proposes a methodology for empirical validation of the relationship

Highlights implications for developing an agricultural competitiveness index

Abstract

The paper is a collection of knowledge regarding the phenomenon of climate change, competitiveness, and literature linking the two phenomena to agricultural market competitiveness. The objective is to investigate the peer reviewed and grey literature on the subject to explore the link between climate change and agricultural market competitiveness and also explore an appropriate technique to validate the presumed relationship empirically. The paper concludes by identifying implications for developing an agricultural competitiveness index while incorporating the climate change impacts, to enhance the potential of agricultural markets for optimizing the agricultural sectors competitiveness.