The economic relevance of climate variables in agriculture: The case of Spain
Maria Garcia and
Montserrat Viladrich-Grau ()
Economia Agraria y Recursos Naturales, 2009, vol. 09, issue 02, 32
We estimate how climate variables affect price and acreage of productive farmland using the Ricardian approach. Furthermore, we use our estimations to evaluate the joint effects of possible climate changes within the time horizon of 2010 and 2050. Our results show that the price of rainfed land in Spain tends to increase but rainfed acreage decreases. On the other hand, the effect on irrigated farmland price and acreage presents some mixed results, however, in the long run the dominant pattern is clearly increasing for both prices and acreage.
Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Working Paper: The economic relevance of climate variables in agriculture: The case of Spain (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:earnsa:57291
Access Statistics for this article
More articles in Economia Agraria y Recursos Naturales from Spanish Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().