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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

    (UniversitĂ  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

    as
    1. Thomas Chatzopoulos & Christian Lippert, 2015. "Adaptation and Climate Change Impacts: A Structural Ricardian Analysis of Farm Types in Germany," Journal of Agricultural Economics, Wiley Blackwell, vol. 66(2), pages 537-554, June.
    2. Seo, S. Niggol & Mendelsohn, Robert, 2008. "Animal husbandry in Africa: Climate change impacts and adaptations," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 2(1), March.
    3. Ariel Dinar & Robert Mendelsohn (ed.), 2011. "Handbook on Climate Change and Agriculture," Books, Edward Elgar Publishing, number 13942.
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    5. Carlo Fezzi & Ian Bateman, 2015. "The Impact of Climate Change on Agriculture: Nonlinear Effects and Aggregation Bias in Ricardian Models of Farmland Values," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(1), pages 57-92.
    6. Salvatore Di Falco & Marcella Veronesi & Mahmud Yesuf, 2011. "Does Adaptation to Climate Change Provide Food Security? A Micro-Perspective from Ethiopia," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(3), pages 825-842.
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    1. repec:spr:climat:v:147:y:2018:i:1:d:10.1007_s10584-018-2141-2 is not listed on IDEAS

    More about this item

    Keywords

    Ricardian Analysis; Climate Change; Italian Agriculture; Regional Analysis; Panel Data;

    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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