RT Journal Article
SR Electronic
T1 The Effect of Climate Change on Canadian Farmland Values: A Ricardian Approach
JF Land Economics
FD University of Wisconsin Press
SP 201
OP 217
DO 10.3368/le.101.2.022624-0017R1
VO 101
IS 2
A1 Bannon, Nicholas
A1 Kimmerer, Christopher
A1 Deaton, B. James
YR 2025
UL http://le.uwpress.org/content/101/2/201.abstract
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.