Article in Journal
Climate Notes: Year After Year? The Climate Phenomenon El Niño and the Agricultural Markets
Julia Schricker, Jana Lippelt
ifo Institut, München, 2016
ifo Schnelldienst, 2016, 69, Nr. 18, 57-62
ifo Institut, München, 2016
ifo Schnelldienst, 2016, 69, Nr. 18, 57-62
One of the world’s most well-known climate phenomena is El Niño. Strong bouts of El Niño can be accompanied by significant damages to the environment and agriculture and may have far-reaching socio-economic consequences. This article initially explains the emergence of the El Niño phenomenon and subsequently investigates its impact on the environment and the economies of the countries affected.
JEL Classification: Q540