Effect of climate risk on China’s agricultural trade at income level
(1) | (2) | |
---|---|---|
High income | Others | |
DRO | −0.0635 | −0.1069** |
(0.0629) | (0.0513) | |
FLO | −0.3676*** | −0.2648*** |
(0.0449) | (0.0261) | |
SH | −0.3086* | 0.1391 |
(0.1634) | (0.2547) | |
CNTR | - | - |
Year effect | Y | Y |
Country effect | Y | Y |
Observations | 1,777 | 2,363 |
Effect of climate risk on China’s agricultural trade at sectoral level
(1) | (2) | (3) | (4) | (5) | |
---|---|---|---|---|---|
Category I | Category II | Category III | Category IV | Category V | |
DRO | −0.0786 | −0.0697 | −0.2226 | −0.0942** | −0.0706 |
(0.0587) | (0.0549) | (0.0000) | (0.0466) | (0.0806) | |
FLO | −0.3907*** | −0.3443*** | −0.2887 | −0.2479*** | −0.2940*** |
(0.0550) | (0.0350) | (0.0000) | (0.0267) | (0.0433) | |
SH | −0.0479 | 0.2504 | −1.1799 | −0.1964* | −0.6297** |
(0.3049) | (0.2813) | (0.0000) | (0.1136) | (0.2789) | |
EPU | 0.7497*** | 0.3677*** | 0.6657 | 0.1412 | −0.1530 |
(0.2036) | (0.1236) | (0.0000) | (0.1003) | (0.1544) | |
PU | 2.2594*** | 0.7417*** | 0.1826 | 0.7024*** | 0.1379 |
(0.2693) | (0.1423) | (0.0000) | (0.0938) | (0.1943) | |
TAC | 3.2962*** | 2.1011*** | 3.2033 | 1.8905*** | 2.3177*** |
(0.3530) | (0.2199) | (0.0000) | (0.2110) | (0.3285) | |
LAF | 0.4537 | 1.3033*** | 4.3430 | 0.6510** | 2.1729*** |
(0.3912) | (0.4634) | (0.0000) | (0.2642) | (0.6257) | |
TWC | −1.3146*** | −0.6922** | 0.1442 | −0.2971 | 1.4083*** |
(0.3811) | (0.3502) | (0.0000) | (0.2032) | (0.3025) | |
IAP | −0.1920 | 1.1049 | 0.2499 | 0.1314 | 1.2283 |
(0.9428) | (1.2091) | (0.0000) | (0.6457) | (1.6215) | |
AAP | 5.3175 | 3.2108 | 0.9318 | 0.5081 | 2.7678 |
(3.7666) | (4.2910) | (0.0000) | (2.2753) | (5.3678) | |
MIP | 0.4295 | 0.2087 | −0.6172 | 0.1137 | 0.0506 |
(0.5357) | (0.6011) | (0.0000) | (0.3808) | (0.5592) | |
Constant | −3.3414 | −10.1048 | −13.2491 | 11.8166 | −14.1921 |
(15.1269) | (17.1195) | (0.0000) | (9.0853) | (21.6627) | |
Year effect | Y | Y | Y | Y | Y |
Country effect | Y | Y | Y | Y | Y |
No. of Obs. | 4,073 | 4,140 | 3,834 | 4,140 | 4,140 |
Interactive effect of climate risk and agricultural water consumption
(1) | (2) | (3) | |
---|---|---|---|
Total trade | Total trade | Total trade | |
c. DRO#c. TWC | −0.0872 | ||
(0.0584) | |||
c.FLO#c.TWC | 0.1898** | ||
(0.0742) | |||
c.SH#c.TWC | 0.4494*** | ||
(0.1129) | |||
CNTR | - | - | - |
Year effect | Y | Y | Y |
Country effect | Y | Y | Y |
Observations | 4,140 | 4,140 | 4,140 |
Effect of climate risk on China’s agricultural trade at regional level
(1) | (2) | |
---|---|---|
North | South | |
DRO | 0.1369** | −0.0461 |
(0.0550) | (0.0598) | |
FLO | −0.3112*** | −0.1737*** |
(0.0686) | (0.0343) | |
SH | 3.2629*** | −0.8778*** |
(0.4260) | (0.1121) | |
EPU | 0.5623*** | 1.4958*** |
(0.1605) | (0.1478) | |
PU | 0.4094*** | −1.3611*** |
(0.1581) | (0.2342) | |
TAC | 3.1275*** | 5.8725*** |
(0.3559) | (0.4437) | |
LAF | 2.5950*** | 3.3587*** |
(0.5734) | (0.6042) | |
TWC | −1.1197*** | −0.4607 |
(0.3634) | (0.4342) | |
IAP | 0.2316 | 0.2133 |
(0.6247) | (0.9165) | |
AAP | 1.3686 | 1.2494 |
(2.3309) | (3.5280) | |
MIP | 0.1365 | −0.2050 |
(0.4566) | (0.4721) | |
Constant | −36.6075*** | 2.0184 |
(10.3392) | (13.5854) | |
Year effect | Y | Y |
Country effect | Y | Y |
Observations | 2,332 | 1,808 |
Baseline estimation for effect of climate risk on China’s agricultural trade
(1) | (2) | |
---|---|---|
Index | Total trade | |
DRO | Drought-affected area | −0.0800** |
(0.0403) | ||
FLO | Flood-affected area | −0.3100*** |
(0.0277) | ||
SH | Cumulative sunshine duration | −0.0440 |
(0.1716) | ||
EPU | Employment in agriculture, forestry, animal husbandry, and fishery in urban areas | 0.2907*** |
(0.1044) | ||
PU | Pesticide usage | 0.6976*** |
(0.1042) | ||
TAC | Total power of agricultural machinery/Total sown area | 2.1882*** |
(0.1775) | ||
LAF | Local financial expenditure on agriculture, forestry, and water affairs | 1.3497*** |
(0.2891) | ||
TWC | Agricultural water consumption | −0.2335 |
(0.2291) | ||
IAP | Proportion of irrigated land in total agricultural land | 0.2363 |
(0.5894) | ||
AAP | Proportion of agricultural land in total land area | 1.4999 |
(3.0269) | ||
MIP | Proportion of agricultural raw material imports in total commodity imports | −0.0427 |
(0.3603) | ||
Constant | 1.6692 | |
(11.3001) | ||
Year effect | Y | |
Country effect | Y | |
No. of Obs. | 4,140 |