PT  - JOURNAL ARTICLE
AU  - Bannon, Nicholas
AU  - Kimmerer, Christopher
AU  - Deaton, B. James
TI  - The Effect of Climate Change on Canadian Farmland Values
AID  - 10.3368/le.101.2.022624-0017R1
DP  - 2024 Nov 30
TA  - Land Economics
PG  - 022624-0017R1
4099  - http://le.uwpress.org/content/early/2024/11/25/le.101.2.022624-0017R1.short
4100  - http://le.uwpress.org/content/early/2024/11/25/le.101.2.022624-0017R1.full
AB  - This paper estimates the effect of climate change on Canadian farmland values using a unique dataset of 45,000 parcel-level sales between 2017-2022. The parcel-level data supports a regression approach with unique controls for non-agricultural influences – i.e., census division fixed effects and proximity to urban areas. Our results suggest that by 2070, climate change will positively increase farmland values across our sample of Canadian farmland parcels.