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Weather effects on European agricultural output, 1850 1913

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  • Solomou, Solomos
  • Wu, Weike

Abstract

This 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 Info

Article provided by Cambridge University Press in its journal European Review of Economic History.

Volume (Year): 3 (1999)
Issue (Month): 03 (December)
Pages: 351-373

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Handle: RePEc:cup:ereveh:v:3:y:1999:i:03:p:351-373_00

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  1. Sowell, Fallaw, 1992. "Maximum likelihood estimation of stationary univariate fractionally integrated time series models," Journal of Econometrics, Elsevier, vol. 53(1-3), pages 165-188.
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Cited by:
  1. Mirzabaev, Alisher & Tsegai, Daniel W., 2012. "Effects of weather shocks on agricultural commodity prices in Central Asia," Discussion Papers 140769, University of Bonn, Center for Development Research (ZEF).
  2. Joseph Davis & Vanguard Group; Christopher Hanes, 2004. "Primary Sector Shocks and Early American Industrialization," 2004 Meeting Papers 154, Society for Economic Dynamics.
  3. Ruben Durante, 2010. "Risk, Cooperation and the Economic origins of social Trust: an empirical Investigation," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
  4. 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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