Mendelsohn, RobertSeo, Niggol2012-06-052012-06-052007-03https://hdl.handle.net/10986/7197This 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.CC BY 3.0 IGOAGRICULTURAL ECONOMICSAGRICULTURAL SYSTEMAGRICULTURAL SYSTEMSAGRICULTUREANIMALSBEEFBEEF CATTLEBREEDINGCARBON DIOXIDECHOICE OF CROPSCLAY SOILSCLIMATECLIMATE CHANGECLIMATE CHANGESCLIMATE IMPACTSCLIMATE RESEARCHCLIMATE SENSITIVITYCLIMATE SYSTEMCLIMATIC CHANGECOMMERCIAL FARMERSCOMMODITYCROPCROP PRICESCROPLANDDHALDRAINAGEELASTICITYFAOFARMFARM MODELFARMERFARMERSFARMINGFARMSFERTILIZATIONFOOD SECURITYFORESTRYGLOBAL CLIMATE CHANGEGLOBAL WARMINGGREENHOUSE EFFECTGREENHOUSE GASINCOMESINTERGOVERNMENTAL PANEL ON CLIMATE CHANGEINTERNATIONAL AGRICULTUREIPCCIRRIGATIONLAND USELAND VALUELATIN AMERICANLIVESTOCKLIVESTOCK FARMSLIVESTOCK MANAGEMENTLIVESTOCK OPERATIONSLIVESTOCK PRODUCTIONMAIZEMEATPLANTINGPOTATOESPOTENTIAL IMPACTSPRECIPITATIONRAINFALLRURAL DEVELOPMENTSOILSOIL TYPESOIL TYPESSOILSSOYBEANSTEMPERATUREVALUE FUNCTIONSVEGETABLESWATER RESOURCESWHEATWORLD METEOROLOGICAL ORGANIZATIONYIELDSWorld Bank10.1596/1813-9450-4161