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International Ricardian Studies

International Ricardian Studies. Marginal impacts of Temperature and Precipitation. African Crop Study. No land value No wages for own labor No reliable county data Had to collect new data Sampled farmers in 11 countries Focused on net revenue per hectare.

erasmus-hall
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International Ricardian Studies

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  1. International Ricardian Studies

  2. Marginal impacts of Temperature and Precipitation

  3. African Crop Study • No land value • No wages for own labor • No reliable county data • Had to collect new data • Sampled farmers in 11 countries • Focused on net revenue per hectare

  4. Marginal impacts of Temperature and Precipitation

  5. African Livestock • No data on farm value • No data on land used • Estimated net revenue per farm • Estimated livestock owned per farm and then net revenue per livestock owned

  6. Results • Ricardian analysis reveals climate is important to African crops and livestock • Warming is likely to be harmful to African crops and can be harmful to livestock • Increased precipitation is generally beneficial to African agriculture • Impacts can be immediate to countries that are currently hot and/or dry

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