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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/24460

Title: A Ricardian Analysis of the Impact of Climate Change on European Agriculture
Authors: Van Passel, Steven
Massetti, Emanuele
Mendelsohn, Robert
Issue Date: 2017
Publisher: SPRINGER
Citation: ENVIRONMENTAL & RESOURCE ECONOMICS, 67(4), p. 725-760
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 41,030 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 impacts from 5 to 32 % by 2100 depending on the climate scenario. Farms in Southern Europe are predicted to be particularly sensitive, suffering losses of 5 to 9 % per degree Celsius.
Notes: [Van Passel, Steven] Univ Antwerp, Fac Appl Econ, Dept Engn Management, Prinsstr 13, B-2000 Antwerp, Belgium. [Van Passel, Steven; Mendelsohn, Robert] Yale Univ, Sch Forestry & Environm Studies, 195 Prospect St, New Haven, CT 06511 USA. [Van Passel, Steven] Hasselt Univ, Fac Business Econ, Ctr Environm Sci, Martelarenlaan 42, B-3500 Hasselt, Belgium. [Massetti, Emanuele] Georgia Inst Technol, 685 Cherry St, Atlanta, GA 30332 USA.
URI: http://hdl.handle.net/1942/24460
DOI: 10.1007/s10640-016-0001-y
ISI #: 000408358900005
ISSN: 0924-6460
Category: A1
Type: Journal Contribution
Appears in Collections: Research publications

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