Agrarian Impact of Climate Change in Malawi: A Quantile Ricardian Analysis
| dc.creator | Maganga, Assa | |
| dc.creator | Malakini, Memory | |
| dc.date | 2017-04-01T17:47:53Z | |
| dc.date.accessioned | 2026-07-09T09:51:52Z | |
| dc.description | This paper measures the economic impact of climate on Malawian Agriculture using the theory of Ricardian rents. We use cross-sectional data on climate, hydrological, soil and household level data for a sample of 8,832 households. The results show that climate affects net farm revenue. There is a non-linear relationship between temperature and revenue on one hand and between precipitation and revenue on the other. Estimated marginal impacts suggest that global warming is counter-productive to net farm revenue. The empirical analysis reveals that 2.5°C increase in warming results in predicted losses of US$0.0081 billion and doubling warming to 5°C amplifies the losses to US$0.018 billion. Reducing precipitation by 7% trims net revenue by 8.13% on a per hectare basis. Undoubtedly, 14% reduction in precipitation is predicted to cause reasonably larger losses of about US$0.1161 billion. It can be inferred that this significantly demonstrates Malawi‟s dependence on rain fed agriculture. | |
| dc.identifier | doi:10.22004/ag.econ.212208 | |
| dc.identifier | https://ageconsearch.umn.edu/record/212208/files/Maganga-Agrarian%20Impact%20of%20Climate%20Change%20in%20Malawi-1039.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/212208 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/613123 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/212208 | |
| dc.title | Agrarian Impact of Climate Change in Malawi: A Quantile Ricardian Analysis | |
| dc.type | Text |