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2005-05-29
英文文献:The Economic Impacts of Global Warming on US Agriculture: the Role of Adaptation
英文文献作者:Kaixing Huang
英文文献摘要:
Studies of climate change impacts on agricultural profits using panel data typically do not take account of adaptations over time by farmers, and those that do tend to use the standard hedonic approach which is potentially biased. As an alternative, this paper develops a panel framework that includes farmer adaptation. When tested with United States data, this study finds that the negative impact of expected climate change on farm profits by 2100 is only one-third as large once likely adaptation by farmers is taken into account.
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