The economic relevance of climate variables in agriculture: the case of Spain

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Fecha de publicación
2009
Autor/a
García, María
Viladrich i Grau, Montserrat
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Resumen
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 cli- mate 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://hdl.handle.net/10459.1/46622
DOI
RePEc:ags:earnsa:57291
Es parte de
Economía agraria y recursos naturales, 2009, vol. 9, núm. 1, p. 149-180
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