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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Bibliographic Details
Main Authors: Deschênes, Olivier, Greenstone, Michael
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Subjects:
Online Access:http://hdl.handle.net/1721.1/45048