Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/102133
Authors: 
Van Passel, Steven
Massetti, Emanuele
Mendelsohn, Robert O.
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper 4842
Abstract: 
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile regression outperforms OLS given farm level data. The results suggest that European farms are slightly more sensitive to warming than American farms with losses from -8% to -44% by 2100 depending on the climate scenario. Farms in Southern Europe are predicted to be particularly sensitive, suffering losses of -9% to -13% per degree Celsius.
Subjects: 
Ricardian analysis
climate change
European agriculture
climate change economics
quantile regression
JEL: 
Q54
Q51
Q15
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.