Sammanfattning

Agriculture is one of most vulnerable sectors in the country, with the imminent intensification of global warming effects. In this paper, we attempt to assess the adaptation of Macedonian crop farmers to the impact of climate change. An alternative specification of the Ricardian model is adopted by using a composite aridity index to capture the response of farm returns to temperatures and precipitations. The econometric results indicate the significance of winter and summer season weather-related variables and confirm the non-linearity of the climatic function in relation to the farmers’ economic results and adaptation capacity. The farm returns are highly sensitive to different climate change scenarios and tend to decrease unless adequate adaptation and mitigation measures take place, both at micro and macro levels.

Nyckelord

Ricardian modeling approach; climate change; crop farms; Macedonian agriculture; aridity index

Publicerad i

Prilozi - Makedonska akdemija na naukite i umetnostite. Oddelenie za prirodno-matematički i biotehnički nauki
2019, Volym: 40, nummer: 1, sidor: 105-114

SLU författare

• Hristov, Jordan

  • Institutionen för ekonomi, Sveriges lantbruksuniversitet
    

• Surry, Yves

  • Institutionen för ekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Nationalekonomi


Publikationens identifierare

DOI: https://doi.org/10.20903/csnmbs.masa.2019.40.1.135

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/103444