A Ricardian analysis of the impact of climate change on European agriculture:

This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile regressio...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Van Passel, Steven 1979- (VerfasserIn), Massetti, Emanuele (VerfasserIn), Mendelsohn, Robert O. 1952- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Munich CESIfo 2014
Schriftenreihe:CESifo working paper 4842 : Energy and climate economics
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Zusammenfassung:This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile regression outperforms OLS given farm level data. The results suggest that European farms are slightly more sensitive to warming than American farms with losses from -8% to -44% by 2100 depending on the climate scenario. Farms in Southern Europe are predicted to be particularly sensitive, suffering losses of -9% to -13% per degree Celsius.
Beschreibung:Literaturverz. S.24-25
Beschreibung:27 S. graph. Darst., Kt.

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