Global warming impacts on Brazilian agriculture: estimates of the Ricardian model

Abstract

This paper estimates the impact of climate change on agriculture in Brazil using the Ricardian approach. Our findings indicate that the net impact of climate change on Brazilian agriculture is negative, although there are varying regional consequences. March and September temperature and precipitation effects are positive, but are outweighed by the more negative December and June effects. The Center-West region is most negatively affected, whereas the South benefits mildly from warming.

Keywords

• global warming
• Ricardian model
• agriculture