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Please use this identifier to cite or link to this item: http://purl.umn.edu/57291

Title: The economic relevance of climate variables in agriculture: The case of Spain
Other Titles: Relevancia económica de las variables climáticas en la agricultura: El caso de España
Authors: Garcia, Maria
Viladrich-Grau, Montserrat
Authors (Email): Garcia, Maria (Maria.Garcia@ihobe.net)
Keywords: Climate change
agricultural land prices and acreage
JEL Codes: Q1
C2
Issue Date: 2009
Abstract: 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.
URI: http://purl.umn.edu/57291
Identifiers: 1578 - 0732
Institution/Association: Economia Agraria y Recursos Naturales>Volume 09, Number 2, 2009
Total Pages: 32
From Page: 149
To Page: 180
Collections:Volume 09, Number 2, 2009

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