Impacts of climate change on agriculture in Nova Scotia
LE3 .A278 2011
Bachelor of Arts
In this analysis, the impact of climate change on agriculture in Nova Scotia is estimated. Using the Ricardian method of analysis, climate variables are regressed on the value of farmland in the province of Nova Scotia. The regression output produced from the relationship of climate variables and the value of farmland is found to be suffering from the phenomenon of autocorrelation. Once the regression output is corrected for autocorrelation, the regression is ran again and agriculture in Nova Scotia is found to be unaffected by increasing temperatures and increasing amounts of precipitation.
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