Farm Size Distribution, Weather Shocks, and Agricultural Productivity

Julián Arteaga, Nicolás de Roux, Margarita Gafaro, Ana Mar√≠a Ib√°√±ez and Heitor Pellegrina
Additional contact information
Julián Arteaga: World Bank
Ana María Ibáñez: Banco Interamericano de Desarrollo - IADB
Heitor Pellegrina: University of Notre Dame
Authors registered in the RePEc Author Service: Ana Maria Ibáñez

No 21308, Documentos CEDE from Universidad de los Andes, Facultad de Economía, CEDE

Abstract: We study how weather shocks affect the farm-size distribution and agricultural productivity. Using survey data from several developing countries, we document new empirical patterns in farm-size dynamics and the effect of weather shocks. Drawing on unique administrative data from Colombia with land-transaction records, census-based farm sizes, and household surveys on consumption and investment, we show that shocks intensify land market activity and increase the number of small farms, reducing average farm size within regions. We calibrate a heterogeneous-agent model that endogenizes the farm-size distribution and use it to study mechanisms and the dynamic effects of weather shocks and climate change.

Keywords: Farm Size; Weather Shocks; Aggregate Shocks; Heterogeneous Agent Model (search for similar items in EconPapers)
JEL-codes: D52 O13 Q12 Q15 Q54 (search for similar items in EconPapers)
Pages: 84 pages
Date: 2025-01-27
New Economics Papers: this item is included in nep-agr, nep-dev, nep-dge and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Documentos CEDE - Universidad de los Andes

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Related works:
Working Paper: Farm Size Distribution, Weather Shocks, and Agricultural Productivity (2025)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000089:021308

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