Changing Farm Types and Irrigation as an Adaptation to Climate Change in Latin American Agriculture

This paper estimates a model of a farm
that treats the choice of crops, livestock, and irrigation
as endogenous. The model is composed of a multinomial
choice of farm type, a binomial choice of irrigation, and a
set of conditional land value functions. The model is
estimated across over 2,000 farmers in seven Latin America
countries. The results quantify how farmers adapt their
choice of farm type and irrigation to their local climate.
The results should help governments develop effective
adaptation policies in response to climate change and
improve the forecasting of climate effects. The paper
compares the predicted effects of climate change using both
endogenous and exogenous models of farm choice.