Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/113912
Authors: 
Massetti, Emanuele
Mendelsohn, Robert
Chonabayashi, Shun
Year of Publication: 
2015
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 12.2015
Abstract: 
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the way that degree days are used in these recent studies is problematic and leads to biased and inaccurate results. These new findings have serious implications for any study that copies this methodology.
Subjects: 
Degree Days
Climate Change Impacts
Agriculture
Land Values
JEL: 
Q12
Q24
Q51
Q54
Document Type: 
Working Paper

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