Book Description

Using the Ricardian approach (a cross sectional analysis of farm performance across different climate zones), this report examines the impact of climate change on the agriculture sector and the sector's adaptation to that change. Studies in the report measure the climate sensitivity of low-capital agriculture, test whether actual farm performance is as sensitive to climate as agronomic models predict, and compare the climate sensitivity of low-capital farms with the results already calibrated for U.S. agriculture. The goal of the study is to examine farm behavior and test whether there is any evidence that farmers in developing countries currently adjust to their local climates.