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

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 purpose of this study is to examine the possible local impacts of cap-and-trade climate policy on agricultural producers in the Northern Plains. This study explicitly considers farmer behavior with respect to agricultural opportunity in carbon offset provision and ability of adaptation to...

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...

This paper examines potential land use changes in Africa under climate change by building an integrated model of crop management, animal husbandry, and forestry. Using micro-level decisions from around 9000 household surveys in 11 countries, we analyze the choice of land types across the...

This study seeks assess how the uncertainties associated with the un- derlying biophysical processes in uence the optimal prole of land use over the next century, in light of potential irreversibility in these deci- sions. Our analysis is based on a dynamic stochastic model of global land use,...

This paper examines the newly constructed geographically scaled economic output measure, Gross Cell Product (GCP), of Australia and New Zealand to quantify the impacts of climate change in the region. The paper discusses advantages of using the GCP instead of the Gross Domestic Product. The...

The study presented in this paper is part of the ACCELERATES (Assessing Climate Change Effects on Land Use and Ecosystems from Regional Analysis to The European Scale) project whose main goal is the construction of integrated predictions of future land use in Europe. The scenarios constructed in...

This article proposes a proactive approach for analyzing agricultural adaptation to climate change based on a structural land-use model wherein farmers maximize profit by allocating their land between crop-technology bundles. The profitability of the bundles is a function of four technological...

Tajikistan is classified by the World Bank as one of the CIS countries that are most vulnerable to climate change risks. This paper provides a closer look at a set of variables that determine Tajikistan’s vulnerability to risk in general and to climate change risk in particular. After...