Weather effects on European agricultural output, 1850 1913
AbstractThis article compares the effects of weather shocks on agricultural production in Britain, France and Germany during the late nineteenth century. Using semi-parametric models to estimate the non-linear agro-weather relationship we find that weather shocks explain between one third to two thirds of variations in agricultural production. Given the large size of the agricultural sector during this period, the high variance of agricultural production and the cyclical nature of weather shocks, the agro-weather relationship transmitted large effects on macroeconomic fluctuations over much of the period.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal European Review of Economic History.
Volume (Year): 3 (1999)
Issue (Month): 03 (December)
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Other versions of this item:
- Solomou, S. & Wu, W., 1999. "Weather Effects on European Agricultural Output 1850-1913," Cambridge Working Papers in Economics 9915, Faculty of Economics, University of Cambridge.
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
- N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913-
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Durante, Ruben, 2009. "Risk, Cooperation and the Economic Origins of Social Trust: an Empirical Investigation," MPRA Paper 25887, University Library of Munich, Germany.
- Piet Rietveld & Erhan Demirel & Jos van Ommeren, 2011. "Coping with uncertainty in the inland navigation market: the impact of climate change," ERSA conference papers ersa11p85, European Regional Science Association.
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