McFadden, Jonathan R.; Smith, David; Wallander, Steven - National Bureau of Economic Research - 2022
Crop farmers have few short-run options for reducing downside production risk from changes in drought frequency and … intensity due to ongoing climate change. However, one recently available option is drought-tolerant (DT) varieties. We determine … how recent drought exposure, drought risk, and other climatic features have influenced adoption of DT corn--a water …