Computable General Equilibrium modelling; Drought

Counting the cost of drought induced productivity losses in an agro-based economy: The case of Uganda

Climate variability can affect economies directly through its impact on agricultural output, and indirectly, through its effect on the activities of down-stream industries and household welfare. This paper uses a Computable General Equilibrium model with a disaggregated agricultural sector to analyse the impact of a drought on the Ugandan economy. The losses were assessed with respect to GDP, agricultural output, employment, the trade balance and household consumption. The drought effects were shown to vary by sector.

Subscribe to RSS - Computable General Equilibrium modelling; Drought