Adaptation to climate change via adjustment in land leasing: Evidence from dryland wheat farms in the U.S. Pacific Northwest

• Hongliang Zhang ; Jianhong E. Mu ^[1] ; Bruce A. McCarl
  1. [1] University of Oklahoma

     University of Oklahoma

     Estados Unidos

     
• Localización: Land use policy: The International Journal Covering All Aspects of Land Use, ISSN 0264-8377, ISSN-e 1873-5754, Nº. 79, 2018, págs. 424-432
• Idioma: inglés
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• Resumen

  • Land leasing is a possible climate adaptation where risk is shared. We investigate how climate affects dryland wheat farmland rental patterns in the U.S. Pacific Northwest. Using farm-level agricultural census data, we study the relationships between climate and leasing arrangements. We find that increases in precipitation reduce leased land and increase the use of cash-rent leases, while increases in precipitation variability reduce the prevalence of cash-rent leases. Using medium and high greenhouse-gas emission-based climate projections we predict that, by 2050, leased acreage will decline by 23% and, respectively 29%.