Assessing the Economic Impact of Climate Change on Japanese Agriculture : A Ricardian Analysis
Nitta, Atomu;Sawauchi, Daisuke;Chen, Yongfu;Akahori, Hirokazu;Yamamoto, Yasutaka
Permalink : http://hdl.handle.net/2115/73696
KEYWORDS : climate change;agricultural net revenue;Recardian analysis;panel data; Japan
Abstract
The purpose of this study is to determine whether climate change will increase or decrease agricultural net revenue in Japan as a whole. This study conducts the first Ricardian model analysis of this issue and finds that agricultural net revenue will decrease across Japan by the end of the twenty-first century. The impacts of climate change are quite different in different regions of the country;an increase in agricultural net revenue is predicted in the northern municipalities, whereas agricultural net revenue is predicted to decline in many other municipalities.
FULL TEXT:PDF