Neeliah, Harris; Shankar, Bhavani - European Association of Agricultural Economists - EAAE - 2005
effect of ozone on wheat yields at the farm level. However, this elasticity is small, and indicates that ozone is unlikely to … result in the imposition of substantial external costs on wheat production. The profit function implications regarding ozone … are less clear. Although the estimates indicate that ozone depresses wheat farm profits and wheat supply, the elasticities …