A Ricardian analysis of the impact of climate change on permanent crops in a Mediterranean region

• Giuseppina Migliore ^[1] ; Cinzia Zinnanti ^[1] ; Emanuele Schimmenti ^[1] ; Valeria Borsellino ^[1] ; Giorgio Schifani ^[1] ; Caterina Patrizia Di Franco ^[1] ; Antonio Asciuto ^[1]
  1. [1] University of Palermo

     University of Palermo

     Palermo, Italia

     
• Localización: New medit: Mediterranean journal of economics, agriculture and environment = Revue méditerranéenne d'economie, agriculture et environment, ISSN 1594-5685, Vol. 18, Nº. 1 (marzo), 2019, págs. 41-51
• Idioma: inglés
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• Resumen

  • This is the first study which explores the impact of climate change in Sicily, a small Mediterranean region of Southern Europe. According to research, Mediterranean area has shown large climate shifts in the last century and it has been identified as one of the most prominent “Hot-Spots” in future climate change projections. Since agriculture is an economic activity which strongly depends on climate setting and is particularly responsive to climate changes, it is important to understand how such changes may affect agricultural profitability in the Mediterranean region. The aim of the present study is to assess the expected impact of climate change on permanent crops cultivated in Sicilian region (Southern Italy). By using data from Farm Accountancy Data Network and Ensembles climatic projections for 2021-2050 period, we showed that the impact of climate change is prominent in this region. However, crops respond to climatic variations in a different manner, highlighting that unlike the strong reduction in profitability of grapevine and citrus tree, the predicted average Net Revenue of olive tree is almost the same as in the reference period (1961-1990).