The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Comment Online Appendix
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The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather
This paper measures the economic impact of climate change on US agricultural land by estimating the effect of random year-to-year variation in temperature and precipitation on agricultural profits. The preferred estimates indicate that climate change will increase annual profits by $1.3 billion in 2002 dollars (2002$) or 4 percent. This estimate is robust to numerous specification checks and re...
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متن کاملThe Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Reply
Fisher et al. (2012) (hereafter, FHRS) have uncovered coding and data errors in our paper, Deschênes and Greenstone (2007) (hereafter, DG). We acknowledge and are embarrassed by these mistakes. We are grateful to FHRS for uncovering them. We hope that this Reply will also contribute to advancing the literature on the vital question of the impact of climate change on the US agricultural sector. ...
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Despite the existence of a large and growing literature on the potential impact of climate change on agriculture, there still exists some disagreement about the magnitude and even the sign. Our own research suggests that the impact on U.S. agriculture is likely to be strongly negative, based on a series of studies in which we link farmland values to climate variables, and crop yields to both cl...
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Introduction and Background: The agricultural sector is one of the most important economic sectors due to extensive interaction with the environment, the greatest impact of climate change takes effect. The agricultural sector affects climate change and affects climate change. Climate change, on the one hand, affects agricultural performance and, on the other hand, affects the price of produ...
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