The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather
This paper measures the economic impact of climate change on US agricultural land by estimating the effect of the presumably random year-to-year variation in temperature and precipitation on agricultural profits. Using long-run climate change predictions from the Hadley 2 Model, the preferred estima...
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Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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Online Access: | http://hdl.handle.net/1721.1/45048 |