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world. The goal of the present paper is to quantify the macro-level consequences of these micro-level shocks. Using an … change on these agricultural markets would amount to a 0.26% reduction in global GDP when trade and production patterns are …
Persistent link: https://www.econbiz.de/10012458585
This paper analyzes the short-run trade effects of retaliatory tariffs against agriculture and food exports from the … United States. The results indicate that these tariffs caused a substantial decline in U.S. agriculture and food exports and … induced a reorientation of international trade patterns. We find that losses in foreign trade with retaliatory countries …
Persistent link: https://www.econbiz.de/10012481730
propose a model of agricultural trade with intermediation that explains how hold-up resulting from poor contracting …-through of the world price to the producer …
Persistent link: https://www.econbiz.de/10012458035
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10012458229
Nitrogen (N) fertilizer use in agricultural production is a significant determinant of surface water quality. As climate changes, agricultural producers are likely to adapt at extensive and intensive margins in terms of land and per acre input use, including fertilizers. These changes can affect...
Persistent link: https://www.econbiz.de/10013334372
yield gains range from 65% for GE cotton to 12.4% for soybeans and appear to be higher in the developing world than in …
Persistent link: https://www.econbiz.de/10012461958
Do governments systematically intervene in agricultural markets in response to climate shocks? If so, what are the aggregate and distributional consequences? We construct a global dataset of agricultural policies and extreme heat exposure by country and crop since 1980. We find that extreme heat...
Persistent link: https://www.econbiz.de/10014576567
We study the effects of globalization on agricultural productivity across countries. We develop a multi-country general … technologies characterized by factor and input intensity. We evaluate the welfare and productivity gains from reductions in trade …
Persistent link: https://www.econbiz.de/10012481545
heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to … perversely pulls labor into agriculture where its productivity suffers most and reallocation exacerbates the global decline in …. Trade reduces the welfare costs of climate change by only 7.4% under existing policy, but by 31% overall and 68% for the …
Persistent link: https://www.econbiz.de/10012481491
We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about arrival rates and spend to mitigate future damages. Mitigation cannot be decentralized due to positive externalities from curtailing aggregate risks. First-best can be implemented...
Persistent link: https://www.econbiz.de/10012482023