AAWE, Economics Dept, New York University, 19 W 4th St, 6Fl., New York NY 10012aawe@wine-economics.org

AAWE Working Paper No. 111 – Economics

 

Estimating the effect of climate change on Argentine viticulture

María Antonella Mancino

Abstract

This paper measures the impact of annual changes in temperature and rain on wine prices and revenue per hectare, in order to determine the effect climate change will probably have on viticulture.

Using the Ricardian Methodology and the prices and volumes data from Mendoza Board of Trade, Wine National Institute and Argentina’s Ministry of Agriculture I find a non-linear relationship between temperature and revenue per hectare. In Mendoza, income per hectare would reach its maximum for an average temperature of 17.5°C during the grapevine’s growing season.

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