G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The Impact of Climate Change on Agriculture: Nonlinear Effects and Aggregation Bias in Ricardian Models of Farm Land Values
Carlo Fezzi; Ian Bateman
发表日期2013
出处Climate Change and Sustainable Development
出版年2013
语种英语
摘要Ricardian (hedonic) analyses of the impact of climate change on farmland values typically assume additively separable effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions. We investigate the potential bias induced by such approaches by using a large panel of farm-level data. Consistent with the literature on plant physiology, we observe significant non-linear interaction effects, with more abundant precipitation acting as a mitigating factor for increased heat stress. This interaction disappears when the same data is aggregated in the conventional manner, leading to predictions of climate change impacts which are significantly distorted. *** Suggested citation: Fezzi, C., I. Bateman, (2013), 'The Impact of Climate Change on Agriculture: Nonlinear Effects and Aggregation Bias in Ricardian Models of Farm Land Values', Nota di Lavoro 94.2013, Milan, Italy: Fondazione Eni Enrico Mattei.
特色分类Q54;C23;C14
关键词Climate Change Agriculture Ricardian Analysis Aggregation Bias Semi-Parametric Models
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-impact-of-climate-change-on-agriculture-nonlinear-effects-and-aggregation-bias-in-ricardian-models-of-farm-land-values/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118121
推荐引用方式
GB/T 7714
Carlo Fezzi,Ian Bateman. The Impact of Climate Change on Agriculture: Nonlinear Effects and Aggregation Bias in Ricardian Models of Farm Land Values. 2013.
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