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This paper measures the economic impact of climate change on US agricultural land. We replicate the previous literature's implementation of the hedonic approach and find that it produces estimates of the effect of climate change that are very sensitive to decisions about the appropriate control...
Persistent link: https://www.econbiz.de/10012468027
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
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/10014070696
temperature (4.6% of current production or 130kCal/person/day, per 1C; p<0.001). These results suggest a scale of innovation …
Persistent link: https://www.econbiz.de/10014244355
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/10014055096