Using the Ricardian Technique to estimate the impacts of climate change on Crop Farming in Pakistan

Mirza Nomman Ahmed and P. Michael Schmitz

No 114217, 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland from European Association of Agricultural Economists

Abstract: This study uses the Ricardian valuation technique to estimate the effect of climate change on the crop farming sector in Pakistan. As a main contribution this paper uses a large household level dataset comprising 3336 farming entities to analyze long-term climate impacts on farm net crop revenues. In particular temperature increases in key growing seasons can be harmful. Annual losses for crop farming ranging from 100-200US$ can be expected. Given an average crop net income of 450US$ per hectare, these impacts can be devastating for farmers. The climate impacts will vary across geographic regions. Temperature is found to be the detrimental factor for farming in Pakistan. Precipitation changes seem to have a rather negligible effect.

Keywords: Crop Production/Industries; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 12
Date: 2011
New Economics Papers: this item is included in nep-agr and nep-env
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae11:114217

DOI: 10.22004/ag.econ.114217

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