POTENTIAL ECONOMIC IMPACTS OF CLIMATE CHANGE ON LIVESTOCK: THE CASE OF MEXICO

Abstract

This article aims to identify the impacts of climate change on livestock rents in Mexico. Data from 28 337 livestock production units are used to estimate a Ricardian model and to simulate the effects of climate change on net income per head. The main results suggest that climate change would likely reduce net income by between -13.42 and -16.87% in 2041-2060 and between -14.42 and -33.83% in 2081-2100. Furthermore, small and less diversified producers seem to be the most vulnerable to climate change.