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...

This paper examines the equity effects of one of the largest per-recipient income transfer programs in the Unites States: the U.S. agricultural subsidy program. The paper demonstrates the complexity of the program's effect on equity and the unintended rent-seeking behavior induced by policies...

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...

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...

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...

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....

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...

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...