Miao, Ruiqing; Khanna, Madhu; Huang, Haixiao - 2015
We investigate the effect of crop price and climate variables on rainfed corn and soybean yields and acreage in the United States using a large panel dataset for the 1977-2007 period. Instrumental variables are used to control for endogeneity of prices in yield and acreage regressions, while...