subject to continuing debate, The legitimacy rests on the social acceptance of citizens for support payments to farmers, which … payments to farmers who are financially struggling are more accepted than payments to profitable farmers, indicating respondent …

climate conditions and land prices. The main advantage of this so-called hedonic approach is the consideration of the full … between land prices, warmth, moisture, and different socioeconomic variables. In a second step, the estimated results are used … level has stronger impacts than a change of rainfall. Using a greenhouse warming scenario, German farmers are expected to be …

This study uses the concept of shadow prices for measuring the impacts of climate change. Estimation of a restricted … because of an endogenous output structure. Using micro-based panel data on Western German farmers, the results im-ply that the …

Modern agriculture faces the challenge of supplying a growing world population with high-quality products while …