PT  - JOURNAL ARTICLE
AU  - Bannon, Nicholas
AU  - Kimmerer, Christopher
AU  - Deaton, B. James
TI  - The Effect of Climate Change on Canadian Farmland Values: A Ricardian Approach
AID  - 10.3368/le.101.2.022624-0017R1
DP  - 2025 Apr 01
TA  - Land Economics
PG  - 201--217
VI  - 101
IP  - 2
4099  - http://le.uwpress.org/content/101/2/201.short
4100  - http://le.uwpress.org/content/101/2/201.full
AB  - This article estimates the effect of climate change on Canadian farmland values using a unique dataset of 45,000 parcel-level sales between 2017 and 2022. The parcel-level data support a regression approach with unique controls for nonagricultural 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.