Agricultural Productivity and Producer Behavior

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Wolfram Schlenker
University of Chicago Press, 2019 - Business & Economics - 432 pages
Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether such growth will impose significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.

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Introduction Wolfram Schlenker
1 Heterogeneous Yield Impacts from Adoption of Genetically Engineered Corn and the Importance of Controlling for Weather Jayson L Lusk Jesse ...
Evidence and Projection Sun Ling Wang Eldon Ball Richard Nehring Ryan Williams and Truong Chau
Adaptation Moral Hazard and Selection on Moral Hazard Hsing Hsiang Huang and Michael R Moore
Evidence from a Canadian Agricultural Trade Policy Reform Mark Brown Shon M Ferguson and Crina VijuMiljusevic
The Environmental and Agricultural Impacts of Electricity Subsidies in India Reena BadianiMagnusson and Katrina Jessoe
6 Estimating the Impact of Crop Diversity on Agricultural Productivity in South Africa Cecilia Bellora Élodie Blanc JeanMarc Bourgeon and Eric Str...
Evidence from a Dynamic Structural Model of Verticillium Wilt Management Christine L Carroll Colin A Carter Rachael E Goodhue and CY Cynthi...
8 Willingness to Pay for Low Water Footprint Foods during Drought Hannah Krovetz Rebecca Taylor and Sofia B VillasBoas
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About the author (2019)

Wolfram Schlenker is a professor at the School of International and Public Affairs and the Earth Institute at Columbia University and a research associate of the NBER.

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