This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional temperature and precipitation - to the fruit vegetation sector. We concentrate on the production...

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...

Agricultural sectors play a key role in the economics of climate change. Land as an input to agricultural production is one of the most important links between economy and the biosphere, representing a direct projection of human action on the natural environment. Agricultural management...

Agricultural sectors play a key role in the economics of climate change. Land as an input to agricultural production is one of the most important links between economy and the biosphere, representing a direct projection of human action on the natural environment. Agricultural management...

Climate change is likely to affect commercial forest and pasture land use and production activities. As such, behavioral responses that adapt to the new and evolving climatic conditions are also likely. Integrated Assessment Models (IAMs) have an important role to play. IAMs are a unique class...

Die deutschen Unternehmen sind bereits heute von Klimafolgen und Extremwetterereignissen betroffen. Unternehmen werden sich aber in Zukunft noch stärker auf die Auswirkungen des Klimawandels einstellen müssen. Sie erwarten, dass direkte und/oder indirekte Betroffenheit durch das...

Recent reduced-form econometric models of climate change impacts on agriculture assume climate is additive. This is reflected in climate regressors that are aggregated over several months that include the growing season. In this paper I develop a simple model to show how this assumption imposes...

In Sub-Saharan Africa, climate change is set to hit the agricultural sector the most and cause untold suffering particularly for smallholder farmers. To cushion themselves against the potential welfare losses, smallholder farmers need to recognize the changes already taking place in their...

Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that...

Climate change scenarios predict an increase of extreme rain events, which will increase the risk of wastewater flooding and of missing legal water quality targets. This study elicits the willingness to pay to reduce ecological and health risks from combined sewer overflows in rivers and lakes,...