Impact of the Climate Change on the Production of the Fishing and Aquaculture Sectors of Latin America

Abstract

In the last decade, Latin American countries have been afflicted by climatic changes that may affect the productivity of their populations and affect their economies. The objective of this study is to identify the impact of climate change on the production of the fisheries and aquaculture sector of Latin America. Through a random-effects model, the factors and components of climate change that may have an impact on fisheries and aquaculture production were analyzed. It was observed that as the average temperature increased by 1%, the fisheries and aquaculture production decreased by -0.08%. However, the variable is not statistically significant. Similarly, during rainfall, a decrease in the aquaculture and fisheries production of -0.22% could be observed, but this is not significant in relation to 5%. Finally, concerning CO2 emissions, these had an incidence in the increase of the fisheries and aquaculture production of 0.53%, being statistically significant. This work contributes to the literature on the effects of climate change on Latin American fisheries production, to serve future policies that help to mitigate these environmental effects

Keywords

• Aquaculture, Fisheries, Latin America, Production, Climate Change, Econometric Models