A Ricardian Analysis of the Impact of Climate Change on Italian Agriculture
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.
|Date of creation:||Jun 2017|
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- Wolfram Schlenker & W. Michael Hanemann & Anthony C. Fisher, 2006. "The Impact of Global Warming on U.S. Agriculture: An Econometric Analysis of Optimal Growing Conditions," The Review of Economics and Statistics, MIT Press, vol. 88(1), pages 113-125, February.
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- Pradeep Kurukulasuriya & Namrata Kala & Robert Mendelsohn, 2011. "Adaptation And Climate Change Impacts: A Structural Ricardian Model Of Irrigation And Farm Income In Africa," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 149-174.
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- repec:eee:jeeman:v:83:y:2017:i:c:p:8-31 is not listed on IDEAS
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- Massetti, Emanuele & Mendelsohn, Robert & Chonabayashi, Shun, 2016. "How well do degree days over the growing season capture the effect of climate on farmland values?," Energy Economics, Elsevier, vol. 60(C), pages 144-150.
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