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June 26, 2026Economics of Disasters and Climate ChangeOpen Access

Asymmetric Economic Impacts of Climate Extremes on Italian Agriculture: A Nonlinear ARDL Approach

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AOAung Tun Oo

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Overview

Randomized trial investigates climate extremes' impacts on agriculture, suggesting policy shifts for resilience.

Key Points

  • The aim is to examine how climate extremes affect the Italian agricultural sector asymmetrically over time.
  • Utilized annual time-series data from 1961 to 2023
  • Employed a Nonlinear Autoregressive Distributed Lag (NARDL) framework
  • Analyzed relationships between agricultural production, temperature, rainfall, and carbon emissions.
  • Agricultural sector recovers approximately 61% of climate-related economic disruptions within one year
  • Specific climate extremes like heatwaves, cold snaps, and droughts show significantly greater negative impacts on agricultural value added
  • Findings indicate a need for comprehensive climate volatility management policies.

Cite This Study

Aung Tun Oo (2026) studied this question.

synapsesocial.com/papers/6a3e1809030ad1a9b3091499https://doi.org/10.1007/s41885-026-00203-0
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