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Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since reducing greenhouse gas emissions today has a highly uncertain payoff, far into the future. These assumptions have always been much debated. Rather than occupy a position in this...
Persistent link: https://www.econbiz.de/10010914452
Since the mid-1970s the south-west of Australia has displayed a warming and drying trend in its climate. Using parametric and non-parametric methods this paper provides a decadal assessment of the profitability, productivity and productivity components of over 250 farms in the region. The farm...
Persistent link: https://www.econbiz.de/10010914473
Two different methodologies are linked to determine the effects of climate change on the Western Cape farm sector in South Africa. First, it uses a general circulation model to model climate change. Second, a sectoral mathematical programming model is used to determine these effects on key...
Persistent link: https://www.econbiz.de/10010917799