Kurukulasuriya, Pradeep; Mendelsohn, Robert - 2012
Previous Ricardian analyses of agriculture have either omitted irrigation or treated irrigation as though it is … exogenous. In practice, it is a choice by farmers that is sensitive to climate. This paper develops a choice model of irrigation … in the context of a Ricardian model of cropland. The authors examine how climate affects the decision to use irrigation …
