Mjelde, James W.; Thompson, Troy N.; Nixon, Clair J. - In: American Journal of Agricultural Economics 78 (1996) 1, pp. 175-188
The impact of government institutions on the value of improved climate forecasts is examined. Results suggest that crop insurance and earned income tax credit have little effect on the expected change in after-tax cash flows. Federal tax law has only a modest influence. As expected, the disaster...