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Farmers' Climate Change Risk Perceptions: An Application of the Exchangeability Method

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  • Menapace, Luisa
  • Colson, Greg
  • Raffaell, Roberta

Abstract

Using the exchangeability method, we quantitatively elicit Italian farmers' short- and long-run risk perceptions concerning key crop loss hazards whose relevance depends upon climate developments : hail, powdery mildew for winegrowers and apple dieback for apple farmers. We show that long-run perceptions are significantly higher than short-run perceptions and identify climate change beliefs and experience with crop damages as critical factors in explaining this difference. From a policy prospective, our results suggest that an effective outreach service would benefit from offering farmers first-hand on-farm experience with crop risk and a “segmented” approach that takes into consideration farmers’ climate change beliefs.

Suggested Citation

  • Menapace, Luisa & Colson, Greg & Raffaell, Roberta, 2014. "Farmers' Climate Change Risk Perceptions: An Application of the Exchangeability Method," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 183086, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae14:183086
    DOI: 10.22004/ag.econ.183086
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    References listed on IDEAS

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    Cited by:

    1. Rohrig, Maren B.K. & Hardeweg, Bernd & Lentz, Wolfgang, 2018. "Efficient farming options for German apple growers under risk – a stochastic dominance approach," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(1).

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