Climate sensitivity of Indian agriculture: do spatial effects matter?
Climate change impact studies on agriculture can be broadly divided into those that employ agro-economic approaches and those that employ the Ricardian approach. This study uses the Ricardian approach to examine the impact of climate change on Indian agriculture. Using panel data over a twenty year period and on 271 districts, we estimate the impact of climate change on farm level net revenue. The paper contributes to current knowledge on agricultural impacts by accounting for spatial features that may influence the climate sensitivity of agriculture. The key findings reveal that there is a significant positive spatial autocorrelation