The climate change in the agricultural sector acting on multiple weather variables at different times of the various crop cycles. In several cases by changing the mean level of variables (rainfall, temperature, etc..), in other cases by changing the distribution of events. This work provides an...

2010 AAEA Presidential Address; forthcoming in January 2011 AJAE in shortened version.

This paper examines and predicts the effects of climate change and climate extremes on China’s land use conversion and soil carbon sequestration under two alternative climate change scenarios. It intends to investigate the following three questions. 1) How did climate factors affect land-use...

Reduction of carbon emissions from deforestation and forest degradation (REDD) has been identified as a cost effective element of the post-Kyoto strategy to achieve long-term climate objectives. The success of REDD depends primarily on the design and implementation of a financial mechanism that...

Australia has long been a major exporter of the products of broadacre agriculture, a production system well suited to the economic and climatic conditions of the country. According to the conventional wisdom, Australia holds a comparative advantage in these products, among which wheat and...

Az egyre növekvő energiafelhasználás, világnépesség és éhezés olyan, több évtizede megoldatlan problémák, amelyeket a klímaváltozás és az ez által kialakult szélsőséges időjárási viszonyok tovább súlyosbítottak, a napjainkban tapasztalható gazdasági válság pedig...

We develop an empirical farmland allocation model based on explicit profit functions that is linked to a market demand model. The model accounts for corner solutions, enabling estimation with disaggregated data, and thereby allows treating prices as exogenous. The integrated model enables...

The cross-sectional approach to the assessment of climate change impacts on agriculture is a widely used technique. It is based on land prices and supposes a perfect mobility of agricultural activities following climate evolution. Theory and our empirical study of the French land market show...

How does current weather and climate change impact cropland use and allocation? Using 2010 ARMS data on several thousand central US farms, we estimate a two-step model that controls for expected relative prices, local soil characteristics, and self-selection into primary crop. We find that: (i)....