A Structural Ricardian Valuation of Climate Change Impacts on Agriculture in Pakistan

ebook Schriften Zur Internationalen Entwicklungs- Und Umweltforschung

By Mirza Nomman Ahmed

cover image of A Structural Ricardian Valuation of Climate Change Impacts on Agriculture in Pakistan

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This book presents the economic analysis of the impacts of climate change on agriculture in Pakistan. Particular emphasis is laid on the magnitude of implicit adaptations in overall climate impact assessment and the analysis of selected adaptation options. Using a hedonic pricing model and a revealed choice approach, this study identifies the impacts of climate change on agricultural incomes, depicts the spatial patterns and seasonality of the impacts, and models the future adaptation behavior of farmers in the crop sector. A high sensitivity of farming in Pakistan to climate change is confirmed. With a changing climate and income in mind, farmers in Pakistan are more likely to choose rice, vegetables and maize, whereas they move away from wheat, sugarcane, cotton and fruits.
A Structural Ricardian Valuation of Climate Change Impacts on Agriculture in Pakistan