IDEAS home Printed from https://ideas.repec.org/p/acb/cbeeco/2009-509.html
   My bibliography  Save this paper

Market Responses to Climate Stress: Rice in Java in the 1930s

Author

Listed:
  • Pierre van der Eng

Abstract

Do markets in less-developed countries abate consequences of climate stress? Rainfall is an important factor in rice production in Indonesia. This paper uses changes in regional rice prices across the 19 residencies in less-developed Java to assess how rice markets responded to variations in rainfall during 1935-1940. It finds that rice markets were highly integrated across Java. The El Ni�o-induced episodes of lower than usual rainfall in 1935 and 1940 did not have a negative effect on levels and variations in regional rice prices, nor did they have adverse consequences for the supply of rice. Adaptive responses of firms specialising in the trade of rice are likely to have mitigated regional deficiencies in food production caused by climate stress.

Suggested Citation

  • Pierre van der Eng, 2009. "Market Responses to Climate Stress: Rice in Java in the 1930s," ANU Working Papers in Economics and Econometrics 2009-509, Australian National University, College of Business and Economics, School of Economics.
    • Handle: RePEc:acb:cbeeco:2009-509
    as

    Download full text from publisher

    File URL: https://www.cbe.anu.edu.au/researchpapers/econ/wp509.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, September.
    2. Cormac Ó Gráda, 2007. "Making Famine History," Journal of Economic Literature, American Economic Association, vol. 45(1), pages 5-38, March.
    3. Marks, Daan, 2010. "Unity or diversity? On the integration and efficiency of rice markets in Indonesia, c. 1920-2006," Explorations in Economic History, Elsevier, vol. 47(3), pages 310-324, July.
    4. Van Zanden, Jan Luiten, 2004. "On the Efficiency of Markets for Agricultural Products: Rice Prices and Capital Markets in Java, 1823–1853," The Journal of Economic History, Cambridge University Press, vol. 64(4), pages 1028-1055, December.
    5. Ellis,Frank, 1992. "Agricultural Policies in Developing Countries," Cambridge Books, Cambridge University Press, number 9780521395847, September.
    6. Peter H. Lindert, 2000. "Shifting Ground: The Changing Agricultural Soils of China and Indonesia," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262122278, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dobes Leo & Jotzo Frank & Stern David I., 2014. "The Economics of Global Climate Change: A Historical Literature Review," Review of Economics, De Gruyter, vol. 65(3), pages 281-320, December.
    2. Leo Dobes, 2012. "Adaptation to Climate Change: Formulating Policy under Uncertainty," CCEP Working Papers 1201, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    3. Gregg Huff & Gillian Huff, 2015. "Urban growth and change in 1940s Southeast Asia," Economic History Review, Economic History Society, vol. 68(2), pages 522-547, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Renat Perelet, Serguey Pegov and Mikhail Yulkin, 2007. "Climate Change. Russia Country Paper," Human Development Occasional Papers (1992-2007) HDOCPA-2007-12, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    2. Ahmed Bilal Awan & Muhammad Zubair & Praveen R. P. & Ahmed G. Abokhalil, 2018. "Solar Energy Resource Analysis and Evaluation of Photovoltaic System Performance in Various Regions of Saudi Arabia," Sustainability, MDPI, vol. 10(4), pages 1-27, April.
    3. Stéphane Hallegatte, 2008. "A Proposal for a New Prescriptive Discounting Scheme: The Intergenerational Discount Rate," Working Papers 2008.47, Fondazione Eni Enrico Mattei.
    4. van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
    5. Strand, Jon, 2011. "Carbon offsets with endogenous environmental policy," Energy Economics, Elsevier, vol. 33(2), pages 371-378, March.
    6. Pasquale Lucio Scandizzo, 2014. "The social rate of discount, climate change and real options," CEIS Research Paper 309, Tor Vergata University, CEIS, revised 18 Feb 2014.
    7. John Tomaney & Andy Pike & Andrés Rodríguez-Pose, 2010. "Local and Regional Development in Times of Crisis," Environment and Planning A, , vol. 42(4), pages 771-779, April.
    8. Simon Dietz & Frederick van der Ploeg & Armon Rezai & Frank Venmans, 2021. "Are Economists Getting Climate Dynamics Right and Does It Matter?," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 8(5), pages 895-921.
    9. Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
    10. Lotze-Campen, Hermann & von Witzke, Harald & Noleppa, Steffen & Schwarz, Gerald, 2015. "Science for food, climate protection and welfare: An economic analysis of plant breeding research in Germany," Agricultural Systems, Elsevier, vol. 136(C), pages 79-84.
    11. Frederick Ploeg & Aart Zeeuw, 2019. "Pricing Carbon and Adjusting Capital to Fend Off Climate Catastrophes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(1), pages 29-50, January.
    12. Valentina Bosetti & Jeffrey Frankel, 2014. "Sustainable Cooperation In Global Climate Policy: Specific Formulas And Emission Targets," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-34.
    13. Li, Jun & Colombier, Michel & Giraud, Pierre-Noël, 2009. "Decision on optimal building energy efficiency standard in China--The case for Tianjin," Energy Policy, Elsevier, vol. 37(7), pages 2546-2559, July.
    14. Janet J. McIntyre‐Mills, 2008. "Systemic ethics: expanding the boundaries of rights and responsibilities," Systems Research and Behavioral Science, Wiley Blackwell, vol. 25(2), pages 147-150, March.
    15. Pycroft, Jonathan & Vergano, Lucia & Hope, Chris & Paci, Daniele & Ciscar, Juan Carlos, 2011. "A tale of tails: Uncertainty and the social cost of carbon dioxide," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-29.
    16. Christian Traeger, 2012. "Once Upon a Time Preference - How Rationality and Risk Aversion Change the Rationale for Discounting," CESifo Working Paper Series 3793, CESifo.
    17. Oliver Schenker, 2013. "Exchanging Goods and Damages: The Role of Trade on the Distribution of Climate Change Costs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(2), pages 261-282, February.
    18. Richard Green & Yacob Mulugetta & Zhong Xiang Zhang, 2014. "Sustainable energy policy," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 33, pages 532-550, Edward Elgar Publishing.
    19. Liverpool-Tasie, Lenis Saweda, 2012. "Targeted Subsidies and Private Market Participation: An Assessment of Fertilizer Demand in Nigeria:," IFPRI discussion papers 1194, International Food Policy Research Institute (IFPRI).
    20. Luigi Aldieri & Jonas Grafström & Kristoffer Sundström & Concetto Paolo Vinci, 2019. "Wind Power and Job Creation," Sustainability, MDPI, vol. 12(1), pages 1-23, December.

    More about this item

    JEL classification:

    • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acb:cbeeco:2009-509. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/feanuau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.