Too Hot to Profit? Climatic Stress and Farm‐Level Performance in Italian Viticulture
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates the economic impact of long‐run climatic conditions on Italian wine farms by applying a Ricardian framework to 1431 firms from the 2022 RICA‐FADN survey. We combine farm‐level revenues with viticulture‐specific agroclimatic indicators to assess how climate stress shapes profitability across 77 Italian NUTS3 provinces ...
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