This paper measures the economic impact of climate change on US agricultural land by estimating the effect of the presumably random year-to-year variation in temperature and precipitation on agricultural profits. Using long-run climate change predictions from the Hadley 2 Model, the preferred...

Bt-corn hybrids are expected to play an important role in future southern corn production. Cost and yield advantages are the potential incentives for producer adoption. Using stochastic dominance analysis, this study indicates that development of this technology for southeastern production has...

Immigration enforcement often brings unintended consequences in domestic labor markets. Using the universe of administrative immigration data from 2005 to 2019, we uncover evidence that the E-Verify, an employment verification mandate, exacerbates the ongoing farm labor shortage in the US....

Despite of theoretical predictions and abundant empirical evidence of moral hazard in medical insurance, evidence on moral hazard associated with work environment is very scarce. We test the existence of ex ante moral hazard for the US hog workers using the employee survey data in 1995 and 2000....

Agricultural policy is a key determinant of the condition of the entire farm sector and individual farms at the micro level. Previous publications focused on the impact of agricultural policy tools on farms and their market surroundings, the effects of which were quantified at the macroeconomic...

U.S. hog farms declined in number by more than 70 percent over the past two decades while hog inventories remained stable. The result has been an industry with larger hog enterprises, increased specialization in a single phase of production, greater reliance on purchased feed rather than feed...

While a stated goal of minimum wage increases is to benefit low income workers, some employers are not obligated to provide at least minimum wages to all employees. U.S. farm employers comprise one of these groups. Employees of large farms and H2-A workers, (temporary non-immigrant workers...

The advent of mad cow disease in Canada and in the United States raises numerous concerns regarding consumer reaction to information in the United States. To examine the role of consumer reaction to information we examine the response of price spreads in the U.S. beef market to a Food Safety...

Corn production costs per bushel vary considerably among U.S. producers, depending on yields, farm location, tillage practices, irrigation, previous field usage, enterprise size, and weather. In 2001, the operating and ownership costs per bushel for corn ranged from an average of $1.08 for the...

The farm crisis in the United States in the 1980s had profound effects on rural, agricultural regions of the country, but almost no impact on urban and suburban areas. I use a difference-in-difference methodology and find that religiosity as measured by religious attendance increased...