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Abstract
We present and integrated supply and demand side analysis of climate change impacts on
the agricultural sector from a European perspective based on a joint application of two
European focused global partial equilibrium models. Results show that climate change would
considerably affect agricultural supply and demand quantities as well as producer prices.
Nevertheless, adaptation mechanism such as reallocation of production or intensification can
help to absorb the initial climate shock so that impacts on the demand side are eventually
significantly smaller. Differences between the two models applied are negligible when
comparing results to the output spectrum from other global partial and general equilibrium
models running the same scenarios.