This article analyzes the impacts of different levels of forest productivity scenarios, disturbance risk, and salvageable rates resulting from climate change on the economics of loblolly pine in the southern United States. Potential adaptation strategies examined include reduction in planting...

Using principal component analysis, a climate index is developed to estimate the linkage between climate and crop yields. The indices based on three climate projections are then applied to forecast future crop yield responses. We identify spatial heterogeneity of crop yield responses to future...

Anaerobic digesters that capture and burn manure methane can provide a renewable source of energy and reduce greenhouse gas emissions. Paying producers for these emission reductions—either directly or through a carbon offset market—could substantially increase digester adoption....

Panel data are used in almost all subfields of the agricultural economics profession. Furthermore, many research areas have an important spatial dimension. This article discusses some of the recent contributions made in the evolving theoretical and empirical literature on spatial econometric...

We quantify weather effects on output and incomes for a panel of Kansas farmers. The effects of weather are largely asymmetric with negative temperature and precipitation values affecting output and income differently than above average observations. Precipitation effects depend on timing and...

This paper introduces and briefly discusses the economics of two important trade and environment policy issues--international harmonization of environmental standards and the use trade measures for environmental purposes. Both issues are likely to generate lively international debate among...

Nitrate contamination of municipal and domestic well water supplies is becoming an increasing problem in many rural and urban areas, raising the cost of providing safe drinking water. The objective of this paper is to describe a marketable permit scheme that can effectively manage nitrate...

U.S. rice industry producers face pressure from consumers, suppliers, and the government to reduce the greenhouse gas (GHG) emissions associated with rice (Oryza sativa L.) production. Arkansas rice cultivar-specific net GHG emissions information allows models of paddy rice emissions. Baseline...