Climate change saving hundreds of thousands of lives in Africa
thetimes.co.uk/tto/environmen…
@BarackObama hates that. http://t.co/cneiSS60wT—
Steve Goddard (@SteveSGoddard) June 02, 2015
Climate change saving hundreds of thousands of lives in Africa
08 Jun 2015 Leave a comment
in development economics, environmental economics, global warming, growth disasters, growth miracles Tags: Africa, agricultural economics, climate alarmism, drought, extreme poverty, famine, global poverty, global warming
People forget California is pretty much a desert, yet it is a major producer of fruit and vegetables
08 Apr 2015 Leave a comment
in applied price theory, Public Choice, rentseeking Tags: California, drought, water pricing
Why California's drought is a disaster for your favorite fruits and vegetables bit.ly/1c11TGf #WorldWaterDay http://t.co/1GoecvI1WH—
Mother Jones (@MotherJones) March 22, 2015
The impact of drought on the 1998 mild New Zealand recession
31 Mar 2015 Leave a comment
in business cycles, economic growth, macroeconomics, politics - New Zealand Tags: 1998 recession, drought, real business cycles
Reserve Bank of New Zealand has these conclusions about the contribution of drought to the business cycle in the late 1990s in New Zealand and in particular the mild 1998 recession:
a back-of-the-envelope estimate of the impact of the drought-induced fall in supply would suggest a contribution from the agricultural sector to production GDP for the March quarter of 1998 of around -0.4 percentage points out of the total 1 per cent fall in production GDP. In the June quarter of 1998, the contribution from these sectors was close to zero.
Figure 27:
In 1998, agricultural and hunting industry contributed per cent of real GDP. . That included the production of livestock, wool, dairy, horticulture, and crops, as well as the provision of agricultural contracting services and hunting. In the same year, the primary food manufacturing industry contributed 3 per cent of GDP. This category covers the processing of meat and dairy products for export and local markets.
Utopia, you are standing in it! 
Recent Comments