Open AccessCLIMATE CHANGE IMPACTS ON LATIN AMERICAN FARMLAND VALUES: THE ROLE OF FARM TYPE.
Author(s) -
S. Niggol Seo,
Robert Mendelsohn
Publication year - 2015
Publication title -
revista de economia e agronegócio/revista de economia e agronegócio
Language(s) - English
Resource type - Journals
eISSN - 2526-5539
pISSN - 1679-1614
DOI - 10.25070/rea.v6i2.126
Subject(s) - temperate climate , latin americans , climate change , amazon rainforest , livestock , geography , agricultural economics , global warming , environmental science , forestry , economics , ecology , political science , law , biology
This paper examines climate change impacts on South American agricultureusing a set of Ricardian regressions estimated across different samples of farms in SouthAmerica. 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 agreat deal across each type of farm. The analysis also reveals that the impacts will varysubstantially across South America. The hot and wet Amazon and Equatorial regionsare likely to lose the most from warming scenarios whereas the more temperate highelevation and southern regions of South America will likely gain.