Showing 1 - 10 of 1,001
Mosel Valley in Germany in order to determine the effect that climate change is likely to have on the income of wine growers …
Persistent link: https://www.econbiz.de/10012462615
A growing body of economics research projects the effects of global climate change on economic outcomes. Climate scientists often criticize these articles because nearly all ignore the well-established uncertainty in future temperature and rainfall changes, and therefore appear likely to have...
Persistent link: https://www.econbiz.de/10012461565
Agricultural and energy commodity prices have traditionally exhibited relatively low correlation. However, recent increases in biofuel production have altered the agriculture-energy relationship in a fundamental way. This increase has drawn on corn previously sold to other uses, as well as...
Persistent link: https://www.econbiz.de/10012461833
agricultural land and then apply this method using a rich set of data on the vineyards of the Mosel Valley in Germany. The basic …
Persistent link: https://www.econbiz.de/10012466285
The U.S. has a long history of providing generous support for the agricultural sector. A recent omnibus package of farm legislation, the 2008 Farm Bill (P.L. 110-246) will provide in excess of $284 billion in financial support to U.S. agriculture over the 2008-2012 period. Commodity program...
Persistent link: https://www.econbiz.de/10012461964
We construct a price, dividend, and earnings series for the Industrials sector, the Utilities sector, and the Railroads sector from the beginning of the 1870s until the beginning of the year 2013 from primary sources. To infer about mispricings in the sector markets over more than a century, we...
Persistent link: https://www.econbiz.de/10012458297
areas of India, and that farmers respond more strongly to the forecast where there is more forecast skill and not at all … when there is no skill. We show, using an IV strategy in which the Indian government forecast of monsoon rainfall serves as … estimated. Using the full rainfall distribution and our profit function estimates, we find that Indian farmers on average under …
Persistent link: https://www.econbiz.de/10012459327
An exclusive focus on bottom-line income misses important information about the quality of earnings. Accruals (the difference between accounting earnings and cash flow) are reliably, negatively associated with future stock returns. Earnings increases that are accompanied by high accruals,...
Persistent link: https://www.econbiz.de/10012470416
cross-sectional variation. On average, the bias increases in the forecast horizon, and analysts revise their expectations …
Persistent link: https://www.econbiz.de/10012481146
the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting …
Persistent link: https://www.econbiz.de/10012458855