ECONOMIC IMPACTS OF CLIMATE CHANGE: A MICRO-LEVEL EVIDENCE FROM NIGERIAN RICE AGRICULTURE

https://doi.org/10.24057/2414-9179-2014-1-20-358

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About the Authors

Joshua Ajetomobi

Department of Agricultural Economics, Ladoke Akintola University of Technology, Ogbomoso, Nigeria
Nigeria

Ajiboye Abiodun

Department of Agricultural Economics, Ladoke Akintola University of Technology, Ogbomoso, Nigeria
Nigeria

Rashid Hassan

rCentre for Environmental Economics and Policy in Africa and Department of Economics, University of Pretoria, Pretoria South Africa
South Africa

Director and Professor

Abstract

This study employed the Ricardian approach to test the relative importance of climate normals (average longterm temperature and precipitation) in explaining the value of farm land used for rice production under irrigation and dry land conditions. A survey was done by interviewing 1200 rice farmers from 20 rice producing states in Nigeria. The states cover all the six geopolitical zones in the country. The results indicate that increase in temperature will reduce land rent per hectare for dry land rice farms while it increases the land rent for irrigated rice farms. Increase in precipitation on the other hand will cause a rise in land rent for both dry land and irrigated rice farms. The results clearly demonstrate irrigation as a significant techniques used by the farmers to adapt to the climate change. JEL CODES: Q12, Q25

Keywords

Climate change, Irrigation, Land value, Rice, Nigeria.

For citation: Ajetomobi J., Abiodun A., Hassan R. ECONOMIC IMPACTS OF CLIMATE CHANGE: A MICRO-LEVEL EVIDENCE FROM NIGERIAN RICE AGRICULTURE. Proceedings of the International conference “InterCarto. InterGIS”. 2014;20:358. https://doi.org/10.24057/2414-9179-2014-1-20-358