Using a Climate Index to Measure Crop Yield Response
W. Donald Shurley and
Michael E. Wetzstein
Journal of Agricultural and Applied Economics, 2013, vol. 45, issue 4, 18
Using principal component analysis, a climate index is developed to estimate the linkage between climate and crop yields. The indices based on three climate projections are then applied to forecast future crop yield responses. We identify spatial heterogeneity of crop yield responses to future climate change across a number of U.S. northern and southern states. The results indicate that future hotter/drier weather conditions will likely have significant negative impacts on southern states, whereas only mild impacts are expected in most northern states.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
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Journal Article: Using a Climate Index to Measure Crop Yield Response (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:157314
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