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substantial price differences between gas from different export countries, and do prices move together? Time series of Norwegian …, Dutch and Russian gas export prices to Germany in 1990-1998 are examined. Cointegration tests show that the different border … prices for gas to Germany move proportionally over time, indicating an integrated gas market (the Law of One Price holds). We …
Persistent link: https://www.econbiz.de/10009781639
's geographic variation in the suitability for cotton production combined with a surge in the world market price of cotton in 2010 … demand and wages for cotton pickers; however, the price hike benefits only workers on entrepreneurial private farms, whereas …
Persistent link: https://www.econbiz.de/10011482929
attributable to drought-induced increases in the price of milk solids (New Zealand is the market maker in this global market). In …
Persistent link: https://www.econbiz.de/10012002991
We estimate a Ricardian model of Western European agricultural land values using farm-level data. We model the effect of temperature on land values using a flexible specification of daily mean temperature to test if there are temperature threshold effects. Results indicate that there are no...
Persistent link: https://www.econbiz.de/10011922161
While much research on China has focused on rural to urban migration and transitions of rural households away from agriculture, little is known about the changes within the rural agricultural sector. Yet, the agricultural sector continues to account for a large share of employment. We study the...
Persistent link: https://www.econbiz.de/10011926385
Productivity varies greatly among farmers and the source of that variation is not fully understood. Using a unique Indian household survey, we estimate peer effects on agricultural revenue. Results show that 60% of farmers' revenue is explained by peers. Input expenditures and land allocation to...
Persistent link: https://www.econbiz.de/10010404510
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10010468577
the latter. We also document a substantial impact of the plague on crop price inflation before the harvest, as well as a …
Persistent link: https://www.econbiz.de/10012534834
People’s value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...
Persistent link: https://www.econbiz.de/10012815796
how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database … protect against storm consequences. We show that the negative growth effects in underdeveloped countries are amplified by an …
Persistent link: https://www.econbiz.de/10011521860