Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Comment. Fisher, A. C, Hanemann, W. M., Roberts, M. J, & Schlenker, W. American Economic Review, 102(7):3749–3760, December, 2012.
Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Comment [link]Paper  doi  abstract   bibtex   
In a series of studies employing a variety of approaches, we have found that the potential impact of climate change on US agriculture is likely negative. DeschÃnes and Greenstone (2007) report dramatically different results based on regressions of agricultural profits and yields on weather variables. The divergence is explained by (1) missing and incorrect weather and climate data in their study; (2) their use of older climate change projections rather than the more recent and less optimistic projections from the Fourth Assessment Report; and (3) difficulties in their profit measure due to the confounding effects of storage.
@article{fisher_economic_2012,
	title = {Economic {Impacts} of {Climate} {Change}: {Evidence} from {Agricultural} {Output} and {Random} {Fluctuations} in {Weather}: {Comment}},
	volume = {102},
	issn = {0002-8282},
	shorttitle = {The {Economic} {Impacts} of {Climate} {Change}},
	url = {http://pubs.aeaweb.org/doi/10.1257/aer.102.7.3749},
	doi = {10.1257/aer.102.7.3749},
	abstract = {In a series of studies employing a variety of approaches, we have found that the potential impact of climate change on US agriculture is likely negative. DeschÃnes and Greenstone (2007) report dramatically different results based on regressions of agricultural profits and yields on weather variables. The divergence is explained by (1) missing and incorrect weather and climate data in their study; (2) their use of older climate change projections rather than the more recent and less optimistic projections from the Fourth Assessment Report; and (3) difficulties in their profit measure due to the confounding effects of storage.},
	language = {en},
	number = {7},
	urldate = {2017-09-28},
	journal = {American Economic Review},
	author = {Fisher, Anthony C and Hanemann, W. Michael and Roberts, Michael J and Schlenker, Wolfram},
	month = dec,
	year = {2012},
	keywords = {DR, Untagged},
	pages = {3749--3760},
}

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