The impact of climate change on agricultural productivity in Asian countries: a heterogeneous panel data approach.

While climate change is having serious impacts on agriculture and may require ongoing adaptation, short-run threats to global food security are also crucial for developing countries. We use dynamic and asymmetric panel autoregressive distributed lag estimators to investigate how the effects of climate change on agricultural productivity vary depending upon the short run and long run in Asia over the period of 1980-2016. The results confirmed that there is a long-run relationship between agricultural productivity and climate change variables; however, only CO2 emissions could be linked to agricultural productivity in the short run. Moreover, while the direction of this effect is positive for the short run, it turns into negative in the long run confirming that carbon fertilization in the atmosphere can to some extent have a positive effect on agricultural productivity.