Arbeitspapier
Using Degree Days to Value Farmland
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the way that degree days are used in these recent studies is problematic and leads to biased and inaccurate results. These new findings have serious implications for any study that copies this methodology.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5148
- Klassifikation
-
Wirtschaft
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Renewable Resources and Conservation: Land
Valuation of Environmental Effects
Climate; Natural Disasters and Their Management; Global Warming
- Thema
-
degree days
climate change impacts
agriculture
land values
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Massetti, Emanuele
Mendelsohn, Robert
Chonabayashi, Shun
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Massetti, Emanuele
- Mendelsohn, Robert
- Chonabayashi, Shun
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2014
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