Although the Ricardian model is a cross sectional method, there are advantages to estimating the model with additional years of data. For instance, with a panel, one can more easily separate events in a single year (e.g. weather and price shocks) from longer term phenomenon such as climate. Many...

Adaptations are changes in behavior and capital motivated by climate change. Economic theory suggests that adaptations are efficient (desirable) only if their benefit exceeds their cost. Private adaptations are likely to be efficient because the benefits and cost accrue to the decision maker....

Although there is now an extensive literature on the economic impacts of climate change on agriculture, no study has yet addressed the endogeneity of irrigation. This paper examines how climate affects the choice to irrigate and the conditional income earned by each farmer. The paper develops a...

A multinomial logit model is estimated across the crop choices of a sample of thousands of Chinese farmers. As temperatures warm, farmers are more likely to choose cotton and maize, but less likely to choose soybeans, and vegetables. As precipitation increases, farmers are more likely to choose...

This paper investigates the effects of climate on residential electricity use for households from different income classes in Brazil. Using cross-sectional data, the study finds that the temperature elasticity of electricity consumption varies significantly across income classes. The temperature...

No abstract received.