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In this paper, a dynamic optimization model was developed to simulate how farm-level realized price and profitability respond to yield change which was induced by climate change. Producers' acreage response was included in the dynamic model considering crop rotation effect. In the crop rotation...
Persistent link: https://www.econbiz.de/10009020976
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...
Persistent link: https://www.econbiz.de/10010914266
Using an agent-based model, we simulate the climate-induced agricultural labor migration for alternative future climate scenarios. For each agent, the probability of migration is calculated as a function of a set of relevant factors using a logistic regression model. Historical U.S. agricultural...
Persistent link: https://www.econbiz.de/10010916360
Future climate change will likely to increase the frequency and severity of droughts in many regions of the U.S., especially in the southwestern states, thus further will reduce the water supply in those states. On the water demand side, the population of the U.S. also moves to the southwestern...
Persistent link: https://www.econbiz.de/10011068833
Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can...
Persistent link: https://www.econbiz.de/10005803196
Since the beginning of this century, China’s annual GDP growth is over 9%. This growth is fueled by large increases in energy consumption, led by a coal-dominated energy structure, and associated with higher sulfur dioxide emissions and industry dust. In 2008, China accounted for over 17% of...
Persistent link: https://www.econbiz.de/10009020516
Researchers have extensively studied crop yield response to weather variations, while only a limited number of studies have attempted to identify spatial heterogeneity in this relationship. We explore spatial heterogeneity in corn yield response to weather by combining geographically weighted...
Persistent link: https://www.econbiz.de/10010936930
Irrigated acreage is an important indicator for agricultural water demand which is a major category of water use. Three methodologies were applied in this study to project irrigated acreage of major crops in Georgia from 2010 to 2050. These three methodologies show consistent results. Total...
Persistent link: https://www.econbiz.de/10008922575
Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can...
Persistent link: https://www.econbiz.de/10009445032
Biodiesel has recently drawn attention because of its potential to make an important contribution to national energy security and the environment. However, the rapid growth of biodiesel has raised concerns about biodiesel’s impact on the price level and volatility of agricultural commodities....
Persistent link: https://www.econbiz.de/10010915014