Abstract
This article proposes a proactive approach for analyzing agricultural adaptation to climate change wherein agricultural production technologies are regarded as potential targets of research and development (R&D) efforts. We develop a structural land-use model wherein farmers maximize profit by allocating their land among crop-technology bundles. Proactive R&D directions are derived by identifying the technological attributes through which climate change reduces overall agricultural profitability, despite farmers reallocating their land into bundles. We find that in Israel, long-term losses stem from increases in crops' input requirements and changes in the inter- and intra-annual distribution of precipitations. Therefore, we identify these vulnerable points as the main potential targets of further R&D efforts.
Original language | English |
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Pages (from-to) | 70-93 |
Number of pages | 24 |
Journal | American Journal of Agricultural Economics |
Volume | 95 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2013 |
Bibliographical note
Funding Information:The work leading to this paper was funded in part by the German Federal Ministry of Education and Research (BMBF) in collaboration with the Israeli Ministry of Science and Technology (MOST) in the framework of the project GLOWA Jordan River. The research was supported by the GLOWA Jordan project.
Keywords
- Adaptation
- agricultural land use
- climate change
- crop-technology bundles