A Ricardian Analysis of the Impact of Climate Change on Latin American Farms
This study estimates the vulnerability of Latin American agriculture to climate change using a Ricardian analysis of both land values and net revenues. Examining a sample of over 2,500 farms in seven countries, the results indicate both land value...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/03/7437401/ricardian-analysis-impact-climate-change-latin-american-farms http://hdl.handle.net/10986/7193 |
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okr-10986-71932021-04-23T14:02:33Z A Ricardian Analysis of the Impact of Climate Change on Latin American Farms Seo, Niggol Mendelsohn, Robert AGRICULTURAL PRODUCTION AGRICULTURE BARLEY BASIL CACAO CASSAVA CENTRAL AMERICA CEREALS CLAY SOILS CLIMATE CLIMATE CHANGE CLIMATE CHANGES CLIMATE IMPACTS CLIMATE MODELS CLIMATE SENSITIVITY CLIMATE VARIABLES CLIMATE VARIATION CLIMATES CLIMATIC CHANGE COFFEE CORN COTTON CROP CROPLAND CROPS DEMAND FOR FOOD ECONOMICS ELASTICITY ELECTRICITY EQUIPMENT FAO FARM FARM LAND FARM MODEL FARM MODELS FARMER FARMERS FARMING FARMING SYSTEMS FARMLAND FARMS FERTILIZATION FERTILIZER FOOD PRICES FOREST FORESTRY FORESTS FRUITS GDP GENDER GLOBAL WARMING GRASSES GREENHOUSE GAS GREENHOUSE GASES HARVESTING HARVESTING EQUIPMENT HECTARES OF LAND INTENSIVE FARMING INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE IPCC IRRIGATED LAND IRRIGATED LANDS IRRIGATION LAND VALUE LAND_USE LATIN AMERICAN LIVESTOCK MAIZE MILLET OATS OIL PALM PEANUTS PESTS POOR FARMERS POTATOES PRECIPITATION PRODUCE RAINFALL RICE RURAL COMMUNITIES RURAL DEVELOPMENT SEEDS SINGLE CROP SMALL FARM SMALL FARMS SOIL SOIL CHARACTERISTICS SOIL TYPES SOILS SOUTH AMERICA SOUTH AMERICAN SOYBEAN SUGAR SUGAR BEET SUGARCANE SUNFLOWER TEA TEMPERATURE TEMPERATURE CHANGE TOBACCO WHEAT WORLD METEOROLOGICAL ORGANIZATION YIELDS This study estimates the vulnerability of Latin American agriculture to climate change using a Ricardian analysis of both land values and net revenues. Examining a sample of over 2,500 farms in seven countries, the results indicate both land value and net revenue are sensitive to climate. Both small farms and large farms have a hill-shaped relationship with temperature. Estimating separate regressions for dryland and irrigated farms reveals that dryland farms are more sensitive to temperature but irrigated farms are more sensitive to precipitation. Examining the effects from future climate change scenarios reveals that severe scenarios could reduce farm earnings by as much as 62 percent by 2100, whereas more moderate scenarios could reduce earnings by about 15 percent. Small and large farms are equally sensitive to global warming. Land value and net revenue analyses produce quite similar results. 2012-06-05T20:52:53Z 2012-06-05T20:52:53Z 2007-03 http://documents.worldbank.org/curated/en/2007/03/7437401/ricardian-analysis-impact-climate-change-latin-american-farms http://hdl.handle.net/10986/7193 English Policy Research Working Paper; No. 4163 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRICULTURAL PRODUCTION AGRICULTURE BARLEY BASIL CACAO CASSAVA CENTRAL AMERICA CEREALS CLAY SOILS CLIMATE CLIMATE CHANGE CLIMATE CHANGES CLIMATE IMPACTS CLIMATE MODELS CLIMATE SENSITIVITY CLIMATE VARIABLES CLIMATE VARIATION CLIMATES CLIMATIC CHANGE COFFEE CORN COTTON CROP CROPLAND CROPS DEMAND FOR FOOD ECONOMICS ELASTICITY ELECTRICITY EQUIPMENT FAO FARM FARM LAND FARM MODEL FARM MODELS FARMER FARMERS FARMING FARMING SYSTEMS FARMLAND FARMS FERTILIZATION FERTILIZER FOOD PRICES FOREST FORESTRY FORESTS FRUITS GDP GENDER GLOBAL WARMING GRASSES GREENHOUSE GAS GREENHOUSE GASES HARVESTING HARVESTING EQUIPMENT HECTARES OF LAND INTENSIVE FARMING INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE IPCC IRRIGATED LAND IRRIGATED LANDS IRRIGATION LAND VALUE LAND_USE LATIN AMERICAN LIVESTOCK MAIZE MILLET OATS OIL PALM PEANUTS PESTS POOR FARMERS POTATOES PRECIPITATION PRODUCE RAINFALL RICE RURAL COMMUNITIES RURAL DEVELOPMENT SEEDS SINGLE CROP SMALL FARM SMALL FARMS SOIL SOIL CHARACTERISTICS SOIL TYPES SOILS SOUTH AMERICA SOUTH AMERICAN SOYBEAN SUGAR SUGAR BEET SUGARCANE SUNFLOWER TEA TEMPERATURE TEMPERATURE CHANGE TOBACCO WHEAT WORLD METEOROLOGICAL ORGANIZATION YIELDS |
| spellingShingle |
AGRICULTURAL PRODUCTION AGRICULTURE BARLEY BASIL CACAO CASSAVA CENTRAL AMERICA CEREALS CLAY SOILS CLIMATE CLIMATE CHANGE CLIMATE CHANGES CLIMATE IMPACTS CLIMATE MODELS CLIMATE SENSITIVITY CLIMATE VARIABLES CLIMATE VARIATION CLIMATES CLIMATIC CHANGE COFFEE CORN COTTON CROP CROPLAND CROPS DEMAND FOR FOOD ECONOMICS ELASTICITY ELECTRICITY EQUIPMENT FAO FARM FARM LAND FARM MODEL FARM MODELS FARMER FARMERS FARMING FARMING SYSTEMS FARMLAND FARMS FERTILIZATION FERTILIZER FOOD PRICES FOREST FORESTRY FORESTS FRUITS GDP GENDER GLOBAL WARMING GRASSES GREENHOUSE GAS GREENHOUSE GASES HARVESTING HARVESTING EQUIPMENT HECTARES OF LAND INTENSIVE FARMING INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE IPCC IRRIGATED LAND IRRIGATED LANDS IRRIGATION LAND VALUE LAND_USE LATIN AMERICAN LIVESTOCK MAIZE MILLET OATS OIL PALM PEANUTS PESTS POOR FARMERS POTATOES PRECIPITATION PRODUCE RAINFALL RICE RURAL COMMUNITIES RURAL DEVELOPMENT SEEDS SINGLE CROP SMALL FARM SMALL FARMS SOIL SOIL CHARACTERISTICS SOIL TYPES SOILS SOUTH AMERICA SOUTH AMERICAN SOYBEAN SUGAR SUGAR BEET SUGARCANE SUNFLOWER TEA TEMPERATURE TEMPERATURE CHANGE TOBACCO WHEAT WORLD METEOROLOGICAL ORGANIZATION YIELDS Seo, Niggol Mendelsohn, Robert A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| geographic_facet |
Latin America & Caribbean |
| relation |
Policy Research Working Paper; No. 4163 |
| description |
This study estimates the vulnerability
of Latin American agriculture to climate change using a
Ricardian analysis of both land values and net revenues.
Examining a sample of over 2,500 farms in seven countries,
the results indicate both land value and net revenue are
sensitive to climate. Both small farms and large farms have
a hill-shaped relationship with temperature. Estimating
separate regressions for dryland and irrigated farms reveals
that dryland farms are more sensitive to temperature but
irrigated farms are more sensitive to precipitation.
Examining the effects from future climate change scenarios
reveals that severe scenarios could reduce farm earnings by
as much as 62 percent by 2100, whereas more moderate
scenarios could reduce earnings by about 15 percent. Small
and large farms are equally sensitive to global warming.
Land value and net revenue analyses produce quite similar results. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Seo, Niggol Mendelsohn, Robert |
| author_facet |
Seo, Niggol Mendelsohn, Robert |
| author_sort |
Seo, Niggol |
| title |
A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| title_short |
A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| title_full |
A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| title_fullStr |
A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| title_full_unstemmed |
A Ricardian Analysis of the Impact of Climate Change on Latin American Farms |
| title_sort |
ricardian analysis of the impact of climate change on latin american farms |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/03/7437401/ricardian-analysis-impact-climate-change-latin-american-farms http://hdl.handle.net/10986/7193 |
| _version_ |
1764401592524603392 |