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This study analyzes the potential synergies and conflicts of interest between farmers and insurers in the selection of an optimal crop insurance contract. Special attention is given to how climate information influences this decision-making process. To do so, we consider a representative 40...
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We demonstrate how to specify and estimate a time series model that can isolate the effects of changes in fishery policy and forecast the outcome of policy changes in the context of changing climate and economic factors. The approach is illustrated with data from the headboat fishery for red...
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Using data from the Census of Agriculture on animal inventory and sales, we estimate manure nutrient production on farms with confined livestock. Using reported on-farm production of crops on these same farms, we estimate the nutrient uptake for major field crops and pastureland. This enables us...
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Census of agriculture data were used to estimate manure nutrient production and the capacity of cropland and pastureland to assimilate nutrients. Most farms (78 percent for nitrogen and 69 percent for phosphorus) have adequate land on which it is physically feasible to apply the manure produced...
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Farmers respond to environmental regulations by adjusting production practices so as to comply while minimizing their loss in expected income. Ultimately the cost of agro environmental regulation is determined by farm level adjust¬ments. Our farm level simulation framework assesses economic and...
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