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About the Authors
Joshua Ajetomobi
Department of Agricultural Economics, Ladoke Akintola University of Technology, Ogbomoso, Nigeria
Nigeria
Nigeria
Ajiboye Abiodun
Department of Agricultural Economics, Ladoke Akintola University of Technology, Ogbomoso, Nigeria
Nigeria
Nigeria
Rashid Hassan
rCentre for Environmental Economics and Policy in Africa and Department of Economics, University of Pretoria, Pretoria South Africa
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 DOI: 10.24057/2414-9179-2014-1-20-358 (in Russian)