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Climate change impacts on Latin American farmland values: the role of farm type

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  • Seo, S. Niggol
  • Mendelsohn, Robert

Abstract

This paper examines climate change impacts on South American agriculture using a set of Ricardian regressions estimated across different samples of farms in South America. Regressions are run for the whole sample and for subsamples of crop-only, mixed, and livestock-only farms. The results indicate that climate sensitivity varies a great deal across each type of farm. The analysis also reveals that the impacts will vary substantially across South America. The hot and wet Amazon and Equatorial regions are likely to lose the most from warming scenarios whereas the more temperate high elevation and southern regions of South America will likely gain.

Suggested Citation

  • Seo, S. Niggol & Mendelsohn, Robert, 2008. "Climate change impacts on Latin American farmland values: the role of farm type," Revista de Economia e Agronegócio / Brazilian Review of Economics and Agribusiness, Federal University of Vicosa, Department of Agricultural Economics, vol. 6(2), pages 1-12.
    • Handle: RePEc:ags:rdeeag:53872
    DOI: 10.22004/ag.econ.53872
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    Cited by:

    1. Rose, Steven K., 2014. "Integrated assessment modeling of climate change adaptation in forestry and pasture land use: A review," Energy Economics, Elsevier, vol. 46(C), pages 548-554.
    2. Basurto, Saul, 2016. "A Mexican Ricardian analysis: land rental prices or net revenues?," 90th Annual Conference, April 4-6, 2016, Warwick University, Coventry, UK 236362, Agricultural Economics Society.

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    Keywords

    Environmental Economics and Policy;

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