title: Modeling technical change in climate analysis: evidence from agricultural crop damages.
abstract: This study accounts for the Hicks neutral technical change in a calibrated model of climate analysis, to identify the optimum level of technical change for addressing climate changes. It demonstrates the reduction to crop damages, the costs to technical change, and the net gains for the adoption of technical change for a climate-sensitive Pakistan economy. The calibrated model assesses the net gains of technical change for the overall economy and at the agriculture-specific level. The study finds that the gains of technical change are overwhelmingly higher than the costs across the agriculture subsectors. The gains and costs following technical change differ substantially for different crops. More importantly, the study finds a cost-effective optimal level of technical change that potentially reduces crop damages to a minimum possible level. The study therefore contends that the climate policy for Pakistan should consider the role of technical change in addressing climate impacts on the agriculture sector.
authors.affiliation: Faculty of Economics and Administration, University of Malaya, Kuala Lumpur, Malaysia. adeelawan261@gmail.com.|Department of Management Science, COMSATS Institute of Information and Technology, Abbottabad, Pakistan. adeelawan261@gmail.com.
authors.forename: Adeel
authors.initials: A
authors.lastname: Ahmed
authors.affiliation: Faculty of Economics and Administration, University of Malaya, Kuala Lumpur, Malaysia.
authors.forename: Evelyn S
authors.initials: ES
authors.lastname: Devadason
authors.affiliation: International Business School (IBS), Universiti Teknologi Malaysia (UTM), Johor Bahru, Malaysia.|Institute of Energy Policy and Research (IEPRe), Universiti Tenaga Nasional (UNITEN), Selangor, Malaysia.
authors.forename: Abul Quasem
authors.initials: AQ
authors.lastname: Al-Amin
mesh_terms: D000383:Agriculture / Q000191:economics; D002980:Climate; D057231:Climate Change; D018556:Crops, Agricultural; D010154:Pakistan
keywords: Agriculture; Climate change; DICE model; Pakistan; Technical change