Does economic development reduce agriculture's vulnerability to climate change? This paper investigates the effect of a country's development stage on its agricultural climate sensitivity. The research, which includes a model of agriculture that shows that the effect of development on climate sensitivity is ambiguous, depending on capital vs. climate, measures the climate sensitivity of agriculture in the United States, Brazil, and India using a Ricardian approach. The empirical analysis relies on both intertemporal and cross-country comparisons, with the data suggesting that economic development reduces climate sensitivity. This could inform future agricultural policies in the face of global climate change.
This article is in the journal _Environment and Development Economics_ which includes topics such as development and climate change. This article discusses the findings relating to the United States, Brazil and India, the empirical analysis suggests that increasing development reduces climate sensitivity and offers economic information on the climate change in relation to agriculture.