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A Ricardian model of climate change in Canada

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  • Michelle J. Reinsborough

Abstract

A comparative static `Ricardian' model is used to establish relationships between climate and agricultural land value in Canada. From these relationships, agricultural costs of climate change scenarios are estimated. This study is motivated partly by evidence of potential agricultural benefits of climate change from a similar analysis of the United States by Mendelsohn, Nordhaus and Shaw, and partly by the void of Canadian studies. Furthermore, it extends the analysis to non-uniform climate change scenarios. Its finding of a slightly positive upper bound on the agricultural benefits from climate change, within a wide margin of error, is motivation for further analysis.

Suggested Citation

  • Michelle J. Reinsborough, 2003. "A Ricardian model of climate change in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 36(1), pages 21-40, February.
    • Handle: RePEc:cje:issued:v:36:y:2003:i:1:p:21-40
    DOI: 10.1111/1540-5982.00002
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    Cited by:

    1. Garcia, Maria & Viladrich-Grau, Montserrat, 2009. "The economic relevance of climate variables in agriculture: The case of Spain," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 9(02), pages 1-32.
    2. Steven Passel & Emanuele Massetti & Robert Mendelsohn, 2017. "A Ricardian Analysis of the Impact of Climate Change on European Agriculture," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 725-760, August.
    3. Wenmei Guo & Veeshan Rayamajhee & Alok K. Bohara, 2023. "Impacts of climate change on food utilization in Nepal," Review of Development Economics, Wiley Blackwell, vol. 27(1), pages 630-659, February.
    4. Robert Becker Pickson & Ge He & Elliot Boateng, 2022. "Impacts of climate change on rice production: evidence from 30 Chinese provinces," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 3907-3925, March.
    5. Attavanich, Witsanu, 2013. "The Effect of Climate Change on Thailand’s Agriculture," MPRA Paper 84005, University Library of Munich, Germany, revised Feb 2014.
    6. repec:aer:wpaper:342 is not listed on IDEAS
    7. Chonabayashi, Shun, 2014. "Accounting for Land Use Adaptation to Climate Change Impacts on US Agriculture," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170710, Agricultural and Applied Economics Association.
    8. Meyer, Kevin & Keiser, David A., 2016. "Adapting to Climate Change Through Tile Drainage: A Structural Ricardian Analysis," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235932, Agricultural and Applied Economics Association.
    9. Sarah, Alobo, 2009. "Value and Premium for Titled Agricultural Land in Uganda," Research Theses 243467, Collaborative Masters Program in Agricultural and Applied Economics.
    10. Oussama Zouabi & Mohamed Kadria, 2016. "The direct and indirect effect of climate change on citrus production in Tunisia: a macro and micro spatial analysis," Climatic Change, Springer, vol. 139(2), pages 307-324, November.
    11. Attavanich, Witsanu, 2017. "Effect of climate change on Thailand’s agriculture: New results," MPRA Paper 118290, University Library of Munich, Germany.
    12. -, 2011. "An assessment of the economic impact of climate change on the Agriculture Sector in Jamaica," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38585, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. David Maddison, 2009. "A Spatio‐temporal Model of Farmland Values," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 171-189, February.
    14. Ahmad, Munir & Nawaz, Muhammad & Iqbal, Muhammad & Javed, Sajid, 2014. "Analysing the Impact of Climate Change on Rice Productivity in Pakistan," MPRA Paper 72861, University Library of Munich, Germany.
    15. B. James Deaton & Chad Lawley, 2022. "A survey of literature examining farmland prices: A Canadian focus," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(2), pages 95-121, June.
    16. Fernández, Francisco J. & Blanco, Maria, 2015. "Modelling the economic impacts of climate change on global and European agriculture: Review of economic structural approaches," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-53.
    17. Susanna Reid & Barry Smit & Wayne Caldwell & Suzanne Belliveau, 2007. "Vulnerability and adaptation to climate risks in Ontario agriculture," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 12(4), pages 609-637, May.
    18. Hodjo, Manzamasso & Dalton, Timothy & Nakelse, Tebila, 2021. "Cereal Land Allocation Under Weather and Price Uncertainties in West Africa," 2021 Conference, August 17-31, 2021, Virtual 315177, International Association of Agricultural Economists.
    19. Meyer, Kevin Michael, 2017. "Three essays on environmental and resource economics," ISU General Staff Papers 201701010800006585, Iowa State University, Department of Economics.
    20. repec:rre:publsh:v:38:y:2008:i:2:p:195-209 is not listed on IDEAS

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