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Climate Change Impacts on the Intensive and Extensive Margins of US Agricultural Land

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  • McFadden, Jonathan
  • Miranowski, John
Abstract
How does current weather and climate change impact cropland use and allocation? Using 2010 ARMS data on several thousand central US farms, we estimate a two-step model that controls for expected relative prices, local soil characteristics, and self-selection into primary crop. We find that: (i). early-season and late-season temperatures and rainfall are most significant for selection into corn, while mid-season weather impacts soybean selection; (ii). sensitivity to nonlinear weather effects varies substantially within season and across crops; (iii). soil characteristics are important and should be accounted for in climate studies; and (iv). crop switching may occur under mild climate change.

Suggested Citation

  • McFadden, Jonathan & Miranowski, John, "undated". "Climate Change Impacts on the Intensive and Extensive Margins of US Agricultural Land," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170512, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea14:170512
    DOI: 10.22004/ag.econ.170512
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    References listed on IDEAS

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    Environmental Economics and Policy; Land Economics/Use;

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