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less likely to invest in erosion control than were larger farmers. Soil Conservation Districts, established by government … environmental crises in North America in the 20th Century. Severe drought and wind erosion hit the Great Plains in 1930 and lasted … through 1940. There were similar droughts in the 1950s and 1970s, but no comparable level of wind erosion. We explain why. The …
Persistent link: https://www.econbiz.de/10013222323
new data collected to identify low-, medium-, and high-erosion counties, the Dust Bowl is estimated to have immediately …
Persistent link: https://www.econbiz.de/10013149654
We develop theory and present a suite of theoretically consistent empirical measures to explore the extent to which market intervention inadvertently alters resource allocation in a sequentialmove principal/agent game. We showcase our approach empirically by exploring the extent to which the...
Persistent link: https://www.econbiz.de/10012778096
Crop biodiversity has the potential to enhance resistance to strains due to biotic and abiotic factors and to improve … crop production and farm revenues. To investigate the effect of crop biodiversity on crop productivity, we build a …
Persistent link: https://www.econbiz.de/10012954450
This paper summarizes in non-technical terms the economic case for conserving biodiversity, and explains why we cannot … rely on market forces to do this task. It reviews the policy interventions that could help in biodiversity conservation …
Persistent link: https://www.econbiz.de/10014091898
Policy-makers have instituted a variety of fuel economy tax policies -- polices that tax or subsidize new vehicle purchases on the basis of fuel economy performance -- in the hopes of improving fleet fuel economy and reducing gasoline consumption. This article reviews existing policies and...
Persistent link: https://www.econbiz.de/10013137016
Extreme heat is the single best predictor of corn and soybean yields in the United States. While average yields have risen continuously since World War II, we find no evidence that relative tolerance to extreme heat has improved between 1950 and 2005. Climate change forecasts project a sharp...
Persistent link: https://www.econbiz.de/10013138707
U.S. adoption of a cap-and-trade program for greenhouse gases could place some domestic producers at a disadvantage relative to international competitors who do not face similar regulation. To address this issue, proposed federal climate change legislation includes a provision that would freely...
Persistent link: https://www.econbiz.de/10013138772
Reducing emissions of the greenhouse gases that cause climate change will require dramatic changes in the way that energy is produced and consumed. The cost of technological changes such as alternative energy sources and improved energy efficiency will play a large role in determining the...
Persistent link: https://www.econbiz.de/10013116453
carbon-pricing mechanisms. We examine the opportunities and challenges associated with the major options for carbon pricing …: carbon taxes, cap-and-trade, emission reduction credits, clean energy standards, and fossil fuel subsidy reductions …
Persistent link: https://www.econbiz.de/10013118839