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A Ricardian Analysis of the Impact of Climate Change on Italian Agriculture

Author

Listed:
  • Martina Bozzola

    (ETH Zurich)

  • Emanuele Massetti

    (Georgia Institute of Technology)

  • Robert Mendelsohn

    (Yale University)

  • Fabian Capitanio

    (Università Federico II Napoli)

Abstract

This research investigates the potential impact of warming on Italian agriculture. Using a detailed dataset of 16,000 farms across Italy, the study examines likely warming impacts in different regions and for different sectors of Italian agriculture. The study finds that farm net revenues are very sensitive to seasonal changes in temperature and precipitation. Livestock and crop farms have different responses to climate as do rain-fed farms and irrigated farms. The overall results suggest mild consequences from marginal changes in climate but increasingly harmful effects from more severe climate scenarios.

Suggested Citation

  • Martina Bozzola & Emanuele Massetti & Robert Mendelsohn & Fabian Capitanio, 2017. "A Ricardian Analysis of the Impact of Climate Change on Italian Agriculture," Working Papers 2017.23, Fondazione Eni Enrico Mattei.
    • Handle: RePEc:fem:femwpa:2017.23
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    References listed on IDEAS

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    More about this item

    Keywords

    Ricardian Analysis; Climate Change; Italian Agriculture; Regional Analysis; Panel Data;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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