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The Agricultural Origins of Time Preference
Galor, Oded - 2014
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/10013048044
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Evolving Comparative Advantage and the Impact of Climate Change in Agricultural Markets : Evidence from 1.7 Million Fields Around the World
Costinot, Arnaud - 2015
world. The goal of the present paper is to quantify the macro-level consequences of these micro-level shocks. Using an …
Persistent link: https://www.econbiz.de/10013033731
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China's Import Demand for Agricultural Products : The Impact of the Phase One Trade Agreement
Feenstra, Robert C.; Hong, Chang - 2022
In December 2019, the United States and China reached a Phase One trade agreement, under which China committed to purchase more imports from the United States: $12.5 billion more agricultural imports in 2020 and $19.5 billion more in 2021, as compared to 2017. We show that the most efficient way...
Persistent link: https://www.econbiz.de/10013308202
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Long-Run Impacts of Agricultural Shocks on Educational Attainment : Evidence from the Boll Weevil
Baker, Richard B. - 2018
The boll weevil spread across the Southern United States from 1892 to 1922 having a devastating impact on cotton cultivation. The resulting shift away from this child labor–intensive crop lowered the opportunity cost of attending school, and thus the pest increased school enrollment and...
Persistent link: https://www.econbiz.de/10012906300
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Wheat or Strawberries? Intermediated Trade with Limited Contracting
Krishna, Kala - 2014
-through of the world price to the producer …
Persistent link: https://www.econbiz.de/10013044971
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Global Trade and Margins of Productivity in Agriculture
Farrokhi, Farid; Pellegrina, Heitor - 2022
We study the effects of globalization on agricultural productivity across countries. We develop a multi-country general equilibrium model that incorporates choices of crops and technologies in agricultural production at the micro-level of fields covering the surface of the earth. We estimate our...
Persistent link: https://www.econbiz.de/10013295876
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How Much Consumption Insurance Beyond Self-Insurance?
Kaplan, Greg - 2010
We assess the degree of consumption smoothing implicit in a calibrated life-cycle version of the standard incomplete … the model have access to less consumption-smoothing against permanent earnings shocks than what is measured in the data …. BPP estimate that 36% of permanent shocks are insurable (i.e., do not translate into consumption growth), whereas the …
Persistent link: https://www.econbiz.de/10013149989
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Commodity Market Disintegration in the Interwar Period
Hynes, William M. - 2009
commodity markets between 1913 and 1938. There was dramatic disintegration during World War I, gradual reintegration during the …
Persistent link: https://www.econbiz.de/10012764519
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Incorporating Climate Uncertainty into Estimates of Climate Change Impacts, with Applications to U.S. And African Agriculture
Burke, Marshall - 2014
A growing body of economics research projects the effects of global climate change on economic outcomes. Climate scientists often criticize these articles because nearly all ignore the well-established uncertainty in future temperature and rainfall changes, and therefore appear likely to have...
Persistent link: https://www.econbiz.de/10013067961
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Assessing the Benefits of Long-Run Weather Forecasting for the Rural Poor : Farmer Investments and Worker Migration in a Dynamic Equilibrium Model
Rosenzweig, Mark R. - 2019
The livelihoods of the majority of the world's poor depend on agriculture. They face substantial risk from fluctuations … seasonal forecasts of monsoon weather. We find that in areas where the forecast is accurate (has “skill”) that investment … an accurate forecast for farmers and wage workers is in the tens of billions of rupees.Institutional subscribers to the …
Persistent link: https://www.econbiz.de/10012869220