The adoption of new technologies by farmers may impact the environment, and hence affect consumer welfare. This channel of impact is seldom assessed in the literature, especially when the production technologies adopted are not labeled on the consumption goods, and as a result are not directly...

For many environmental problems, economics adaptation will likely be the primary means by which potential damages are avoided. How and by how much humans adapt to environmental risks, therefore, is a question of paramount importance. This paper uses a novel dataset documenting the introduction...

In this paper Critical Discourse Analysis (CDA) is used to uncover hidden political agenda and value systems concealed behind the alleged “value-free” discourse of EU and US governments on the bioeconomy. The main assumption of the paper is that the claimed social benefits of the bioeconomy,...

Growing econometric and statistical evidence points to high temperature as the main driver of large negative effects of climate change on US agriculture. This literature also suggests a limited role for precipitation in overall impacts. This paper shows this finding stems from the widespread use...

There is growing interest in non-market valuation research to explore the importance of attitudes and perceptions in explaining heterogeneity of preferences among consumers. Previous research on environmental attitude (EA) and its influence on preferences has been criticised for the...

To internalize climate-related external costs from agricultural production and food consumption Pigou taxes and carbon credits increase private costs for food. Voluntary consumer choices for carbon-neutral food can be advantageous over such policy measures since they avoid higher food prices for...

Agriculture makes a significant contribution to Norway’s emissions of greenhouse gases (GHG). Although the sector accounts for only 0.3 per cent of GDP, it accounts for roughly 9 per cent of total GHG emissions. Norwegian agriculture is dominated by livestock production; ruminants (cattle and...

Global climate anomalies affect world economies and primary commodity prices. One of the more pronounced climate anomalies is El Niño Southern Oscillation (ENSO). In this study I examine the relationship between ENSO and world commodity prices using monthly time series of the sea-surface...

This paper develops an option value model to examine the extent to which output price uncertainty creates incentives to adopt two interrelated components of site-specific technologies sequentially. It analyzes how the impact of uncertainty on the sequential adoption decision differs across...