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How does current weather and climate change impact cropland use and allocation? Using 2010 ARMS data on several thousand central US farms, we estimate a two-step model that controls for expected relative prices, local soil characteristics, and self-selection into primary crop. We find that: (i)....
Persistent link: https://www.econbiz.de/10011068714
In recent studies of erosion control in agricultural production it has been standard practice to use timeless or static models of agricultural production processes. In this paper implications of a dynamic model of agricultural production for erosion control decision making are compared to those...
Persistent link: https://www.econbiz.de/10010880741
Persistent link: https://www.econbiz.de/10010908958