Showing 1 - 10 of 101
Understanding the potential impacts of climate change on economic outcomes requires knowledge of how economic agents might adapt to a changing climate. We exploit large variation in recent trends in temperature and precipitation to identify adaptation to climate change in US agriculture. We...
Persistent link: https://www.econbiz.de/10013100877
income is mixed; both the median income and the poverty rate are higher among subsidized farmers than the general population …. The paper documents substantial rent seeking among farmers who might become constrained by legal limits on total subsidy …
Persistent link: https://www.econbiz.de/10012707643
We investigate the impact of financial access on production convergence in the US agricultural sector. Our results reveal a half-life of about three years in per capita agricultural production across the US states. We also find that financial access enhances the speed of convergence. Our results...
Persistent link: https://www.econbiz.de/10013236460
Persistent link: https://www.econbiz.de/10013259567
Despite the growing importance of biofuels, the effect of biofuels on fossilfuel markets is not fully understood. We develop a joint structural Vector Auto Regression (VAR) model of the global crude oil, US gasoline, and USethanol markets to examine whether the USethanol market has had any...
Persistent link: https://www.econbiz.de/10013037041
Agricultural producers make investment decisions based on beliefs about future returns. This article investigates how changes in beliefs about input availability affects the adoption of conservation practices. We develop a theoretical model to examine how a producer's beliefs about water...
Persistent link: https://www.econbiz.de/10013210108
Tile drainage was first demonstrated in the United States in 1835 as a method to adapt agriculture to excessive water in soils. Subsequently, innovations in coordinated drainage enterprises, engineering, and tile manufacture led to drainage over large portions of the U.S. Midwest and Southeast....
Persistent link: https://www.econbiz.de/10013210109
Brazilian agriculture has undergone a process of transformation in recent decades, being featured on the world agricultural production at both the production and productivity. The United States are characterized as highlighted in the agricultural world, therefore, is a reference for comparison...
Persistent link: https://www.econbiz.de/10009737311
The modern day food industries are part of a complex agri-food supply chain, where food production has become efficient, yet potentially vulnerable to supply chain risks. The COVID-19 pandemic is a testament to that end. This article measures and identifies the U.S. food manufacturing...
Persistent link: https://www.econbiz.de/10013313931
Global gridded crop models (GGCMs) are the workhorse of assessments of the agricultural impacts of climate change. Yet the changes in crop yields projected by different models in response to the same meteorological forcing can differ substantially. Through an inter-method comparison, we provide...
Persistent link: https://www.econbiz.de/10011714924