This paper develops a new analysis to measure climate change impacts on livestock management taking into account the interactions between crops and livestock. A micro-econometric analysis on the choice of agricultural system and on the conditional income for each system is used. The paper used African data collected from 9000 farmers across 11 countries in Africa. The results indicate that when climate is hot, farmers prefer mixed farms over specialized farms on either crops or livestock. When climate is wet, they often choose crops over livestock. Half a century later, livestock only farms are predicted to decrease by 2% under CCC, 5% under CCSR, and 7% under PCM. On the other hand, livestock farms with also crops are predicted to increase by 5% under CCC and CCSR, and 11% under PCM. Livestock only farm profit also falls by 40% under CCC, 250% under CCSR, and 600% under PCM. The profit of livestock farm with crops, however, increases by 17% under PCM. Under the CCC, expected farm income falls by 12%. On the other hand, farm income increases by 13% under the PCM scenario. The damage estimate (benefit estimate) on agriculture as a whole with the transition to the best system is lower (higher) than that without system switch.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
6903.
References listed on IDEAS 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.:
Ivar Ekeland & James J. Heckman & Lars Nesheim, 2002.
"Identifying Hedonic Models,"
American Economic Review,
American Economic Association, vol. 92(2), pages 304-309, May.
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Other versions:
Ivar Ekeland & James Heckman & Lars Nesheim, 2002.
"Identifying hedonic models,"
CeMMAP working papers
CWP06/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
[Downloadable!]