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http://hdl.handle.net/1942/24460
Title: | A Ricardian Analysis of the Impact of Climate Change on European Agriculture | Authors: | VAN PASSEL, Steven Massetti, Emanuele Mendelsohn, Robert |
Issue Date: | 2017 | Publisher: | SPRINGER | Source: | ENVIRONMENTAL & RESOURCE ECONOMICS, 67(4), p. 725-760 | Abstract: | 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 41,030 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 impacts from 5 to 32 % by 2100 depending on the climate scenario. Farms in Southern Europe are predicted to be particularly sensitive, suffering losses of 5 to 9 % per degree Celsius. | Notes: | [Van Passel, Steven] Univ Antwerp, Fac Appl Econ, Dept Engn Management, Prinsstr 13, B-2000 Antwerp, Belgium. [Van Passel, Steven; Mendelsohn, Robert] Yale Univ, Sch Forestry & Environm Studies, 195 Prospect St, New Haven, CT 06511 USA. [Van Passel, Steven] Hasselt Univ, Fac Business Econ, Ctr Environm Sci, Martelarenlaan 42, B-3500 Hasselt, Belgium. [Massetti, Emanuele] Georgia Inst Technol, 685 Cherry St, Atlanta, GA 30332 USA. | Keywords: | Ricardian analysis; Climate change; European agriculture; Climate change economics; Quantile regression;Ricardian analysis; climate change; European agriculture; climate change economics; quantile regression | Document URI: | http://hdl.handle.net/1942/24460 | ISSN: | 0924-6460 | e-ISSN: | 1573-1502 | DOI: | 10.1007/s10640-016-0001-y | ISI #: | 000408358900005 | Rights: | © Springer Science+Business Media Dordrecht 2016 | Category: | A1 | Type: | Journal Contribution | Validations: | ecoom 2018 |
Appears in Collections: | Research publications |
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Van Passel.2016.pdf | Peer-reviewed author version | 2.46 MB | Adobe PDF | View/Open |
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