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-contingent approach; Decision-making under uncertainty; State-contingent production analysis; Duality; Elicitation of the coefficient of … of crop production. A general computational strategy for the proposed model is provided. The strategy introduces a novel … estimation of a state-contingent production function for the crop-producing sector in the Federal State of Saxony-Anhalt, Germany …
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The economic welfare effects of climate change on global agriculture will be mediated by several complex biophysical and economic processes. For a given emissions scenario, these include: (1) the response of the climate system to anthropogenic forcing, (2) the response of crop yields to climate...
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