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This paper studies a land use switching model as a measure of adaptation to climate change in tart cherry industry in Michigan. In order to capture the effects of extreme events, we employ a real options land conversion model where an underlying stochastic process allows a Poisson-type jump...
Persistent link: https://www.econbiz.de/10010916243
Risk and uncertainty over the results of agricultural production were always considered as impediments for the development of agricultural sector and rural areas. Besides traditional weather and market related sources of uncertainty, agriculture in transition economies is facing one more major...
Persistent link: https://www.econbiz.de/10011070084
The connection between policy and other context variables and land markets is at the core of the policy debate, including the present reform of the Common Agricultural Policy. The objective if this paper is to evaluate the impact of the post 2013 CAP policy instruments on the land market in the...
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We present a global agricultural greenhouse gas model that assesses emissions from land-use change. In addition to evaluating shifts in and out of crop production, we develop a pasture model to assess extensification and intensification of global livestock production based on herd size and...
Persistent link: https://www.econbiz.de/10008693739
We present here preliminary results of an integrated modelling approach combining a crop model (STICS) and an economic model (AROPAj) of European agricultural supply. This modelling framework is designed to perform quantitative analysis, regarding climate change impacts on agriculture and more...
Persistent link: https://www.econbiz.de/10008490017
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