Agricultural Productivity and Producer BehaviorWolfram Schlenker 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 agricultural productivity growth has been, and will be, associated with 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. |
Contents
Introduction Wolfram Schlenker | 1 |
1 Heterogeneous Yield Impacts from Adoption of Genetically Engineered Corn and the Importance of Controlling for Weather Jayson L Lusk Jesse ... | 11 |
Evidence and Projection Sun Ling Wang Eldon Ball Richard Nehring Ryan Williams and Truong Chau | 41 |
Adaptation Moral Hazard and Selection on Moral Hazard Hsing Hsiang Huang and Michael R Moore | 77 |
Evidence from a Canadian Agricultural Trade Policy Reform Mark Brown Shon M Ferguson and Crina VijuMiljusevic | 125 |
The Environmental and Agricultural Impacts of Electricity Subsidies in India Reena BadianiMagnusson and Katrina Jessoe | 157 |
6 Estimating the Impact of Crop Diversity on Agricultural Productivity in South Africa Cecilia Bellora Élodie Blanc JeanMarc Bourgeon and Eric Str... | 185 |
Evidence from a Dynamic Structural Model of Verticillium Wilt Management Christine L Carroll Colin A Carter Rachael E Goodhue and CY Cynthi... | 217 |
8 Willingness to Pay for Low Water Footprint Foods during Drought Hannah Krovetz Rebecca Taylor and Sofia B VillasBoas | 251 |
Contributors | 293 |
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acres adaptation adoption aggregate agricultural production analysis approach attribute average calculated California choice climate change coefficient column consumer corn costs crop crop insurance demand distribution district dummy Economics efficiency electricity electricity prices environmental equal errors estimate evidence expected extraction farm farmers field figure fixed effects function given groundwater grower growing growth higher impact increase indicate Iowa irrigation Journal land less lettuce marginal mean measure month North Dakota Notes observed option organic Oury output panel pattern percent period planting positive preplant precipitation present region regressions relative reported Research respectively respondents sample season seed shocks significant soil soybeans specification spinach standard statistics subsidies suggests SURE temperature term threshold tion trend United University utility variables variation weather wilt yield zero