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There is widespread concern among environmental and agricultural interest that land use change will affect the future productivity of the agricultural industry by utilizing highly productive land for development. This paper considers the links between land use change and crop choices in order to...
Persistent link: https://www.econbiz.de/10005327347
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Characteristics of farm level yield and revenue loss that is systemic with yield and revenue loss at the county, state, and U.S. level are examined using farm yields from the Illinois and Kansas farm business management associations. The data begins with 1972. Share of yield and revenue loss...
Persistent link: https://www.econbiz.de/10010878689
An updated supply of storage equation is estimated to reflect recent developments in the theoretical and empirical literature. Among the findings is an inverse relationship between storage cost adjusted price spread and a proxy measure of convenience yield, and a curvilinear relationship between...
Persistent link: https://www.econbiz.de/10005327354
Recursive regression analysis revealed time management skills and study time were positively related with quarter GPA for 93 students in three agricultural economics courses at Ohio State University. GPA increased only 0.04 points [4.0 scale] per additional study hour, suggesting substantial...
Persistent link: https://www.econbiz.de/10005806454
Yield variability can be significantly higher at the farm level than at more aggregated levels, including the county. However, due to a dearth of available farm level data, much stochastic analysis involving farm yields utilizes more aggregated yield data as a proxy for the farm level. We...
Persistent link: https://www.econbiz.de/10005000497
This study examines the long run relationship between 1-day and 3-month futures prices for five metals at the London Metal Exchange (LME) and further investigates the role of interest rates in this relationship. A battery of stationarity tests and cointegration tests are applied to a simple cost...
Persistent link: https://www.econbiz.de/10005536084
This article assesses the political economy of the 2014 farm bill, which eliminated annual fixed direct payments but offers enhanced downside risk protection against low prices or declining revenue. The farm bill secured substantial bipartisan majorities in a politically contentious Congress....
Persistent link: https://www.econbiz.de/10011125503
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We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general...
Persistent link: https://www.econbiz.de/10010881020