Introduction
Arguably, farming is dependent on the environment. Consequently, changes in the atmosphere are likely to have an effect on agriculture. Over the recent past, many researchers have focused their investigations on the effects of climate change and farming. For instance, the article, A Comparative Study of Risk Management in Agriculture under Climate Change, by Anton et al. (2012), investigates the manner in which risk mitigation policies in the agricultural industry respond to the various unprecedented conditions of climate change. The article’s main subject revolves around the use of the model of macroeconomic simulators to determine the effectiveness and demand of various risk management policies. The authors investigate policies …show more content…
The use of simulator farms in different parts of the world helps in the collection of data that relates the effects of climate change in a widespread area. The use of such data helps in the creation of comparative information in which one can compare the effects of the climatic change in one place with the consequences that it has in another location. Such comparison of data helps in the determination of whether the climate change affects all farmlands uniformly (Barry & Robison, 2001). Another significance that comes with the use of the data from the simulator farms located in different places is that it helps in the determination of the most appropriate policy to use, depending on the results that each farm …show more content…
Anton et al. (2012) noted that such is the best alternative to use as it has little government financial support. Such an alternative gives the farmers the option of self-reflection and the determination of the real worth of their yield. Concisely, the high variability of the effects of climate change makes insuring a difficult; the cost of the policy might keep fluctuating as the yield responds to the changes. The various effects of climatic changes also imply the need to choose a plan based on the impact of the climatic
Arguably, farming is dependent on the environment. Consequently, changes in the atmosphere are likely to have an effect on agriculture. Over the recent past, many researchers have focused their investigations on the effects of climate change and farming. For instance, the article, A Comparative Study of Risk Management in Agriculture under Climate Change, by Anton et al. (2012), investigates the manner in which risk mitigation policies in the agricultural industry respond to the various unprecedented conditions of climate change. The article’s main subject revolves around the use of the model of macroeconomic simulators to determine the effectiveness and demand of various risk management policies. The authors investigate policies …show more content…
The use of simulator farms in different parts of the world helps in the collection of data that relates the effects of climate change in a widespread area. The use of such data helps in the creation of comparative information in which one can compare the effects of the climatic change in one place with the consequences that it has in another location. Such comparison of data helps in the determination of whether the climate change affects all farmlands uniformly (Barry & Robison, 2001). Another significance that comes with the use of the data from the simulator farms located in different places is that it helps in the determination of the most appropriate policy to use, depending on the results that each farm …show more content…
Anton et al. (2012) noted that such is the best alternative to use as it has little government financial support. Such an alternative gives the farmers the option of self-reflection and the determination of the real worth of their yield. Concisely, the high variability of the effects of climate change makes insuring a difficult; the cost of the policy might keep fluctuating as the yield responds to the changes. The various effects of climatic changes also imply the need to choose a plan based on the impact of the climatic