Showing 1 - 10 of 386
This paper measures the economic impact of climate change on US agricultural land by estimating the effect of the presumably random year-to-year variation in temperature and precipitation on agricultural profits. Using long-run climate change predictions from the Hadley 2 Model, the preferred...
Persistent link: https://www.econbiz.de/10014059984
characterizing Nigerian agriculture, covering more than 80% of agricultural value added. The evaluation is performed shocking land … agriculture is conducted. Adaptation practices considered are a mix of cheaper “soft measures” and more costly “hard” irrigation …
Persistent link: https://www.econbiz.de/10013082908
, freshwater availability and soil quality. Agriculture also plays an important role in emitting and storing greenhouse gases. To …
Persistent link: https://www.econbiz.de/10014204259
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis … Western Europe. We demonstrate that a median quantile regression outperforms OLS given farm level data. The results suggest … depending on the climate scenario. Farms in Southern Europe are predicted to be particularly sensitive, suffering losses of -9 …
Persistent link: https://www.econbiz.de/10014162840
Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts with the seeming impossibility of determining a unique time profile of the social costs of carbon as a benchmark for climate negotiations and for infrastructure decisions that...
Persistent link: https://www.econbiz.de/10014168608
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10013027653
Many non-market valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a … that correctly specify the Ricardian model are stable over time. The results suggest that many cross sectional methods …
Persistent link: https://www.econbiz.de/10014179844
The costs of coastal sector impacts from sea level rise (SLR) are an important component of the total projected economic damages of climate change, a major input to decision-making and design of climate policy. Moreover, the ultimate costs to coastal resources will depend strongly on adaptation,...
Persistent link: https://www.econbiz.de/10013019735
to occur. Northern Europe is expected to benefit from the evaluated temperature increase ( 0.18%), while Southern and … Eastern Europe are expected to suffer from the climate change scenario under analysis (-0.15% and -0.21% respectively). Most … these regions the most exposed sector is agriculture, and the impact on crop productivity is by far the most important …
Persistent link: https://www.econbiz.de/10014172953
The identification of the effects of climate shocks on economic growth is central to design effective policies aiming at managing the future global climate change challenge. In this study, we investigate the effects of temperature and precipitation shocks on economic growth across different...
Persistent link: https://www.econbiz.de/10014264956