Agricultural productivity and producer behavior / edited by Wolfram Schlenker.

  • Chicago : The University of Chicago Press, 2019.
  • ©2019
ix, 305 pages : illustrations, maps ; 23 cm.


Related name
National Bureau of Economic Research conference report [More in this series]
Summary note
"Agriculture plays a key role in economic growth and development. As recently as 1800, more than half the population in most European countries worked on farms and in fields, though this shifted with the industrial revolution. Agricultural efficiencies were not immediately apparent until the middle of the 20th century when yields began to increase and they have continued to grow at a steady pace since. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpaced increases in demand. Food is an essential good, and while its price is currently low due to its abundance, it is responsible for a large consumer surplus given the highly inelastic demand. Understanding the factors that contribute to the upward trend in yields is of first-order importance for food security and human welfare. This book contains eight chapters that examine the factors behind the remarkably steady increase in yields around the globe, in order to better understand whether this trend can continue into the future and whether it will impose significant environmental externalities. The volume provides fresh and original analyses using methodological innovations to analyze recently available micro-level data sets"-- Provided by publisher.
Bibliographic references
Includes bibliographical references and indexes.
Heterogeneous yield impacts from adoption of genetically engineered corn and the importance of controlling for weather / Jayson L. Lusk, Jesse Tack, and Nathan P. Hendricks -- Impacts of climate change and extreme weather on US agricultural productivity: evidence and projection / Sun Ling Wang, Eldon Ball, Richard Nehring, Ryan Williams, and Truong Chau -- Farming under weather risk: adaptation, moral hazard, and selection on moral hazard / Hsing-Hsiang Huang and Michael R. Moore -- Intranational trade costs, reallocation, and technical change: evidence from a Canadian agricultural trade policy reform / Mark Brown, Shon M. Ferguson, and Crina Viju-Miljusevic -- Electricity prices, groundwater, and agriculture: the environmental and agricultural impacts of electricity subsidies in India / Reena Badiani-Magnusson and Katrina Jessoe -- Estimating the impact of crop diversity on agricultural productivity in South Africa / Cecilia Bellora, Élodie Blanc, Jean-Marc Bourgeon, and Eric Strobl -- Crop disease and agricultural productivity: evidence from a dynamic structural model of verticillium wilt management / Christine L. Carroll, Colin A. Carter, Rachael E. Goodhue, and C.-Y. Cynthia Lin Lawell -- Willingness to pay for low water footprint foods during drought / Hannah Krovetz, Rebecca Taylor, and Sofia B. Villas-Boas.
  • 9780226619804 ((cloth))
  • 022661980X ((cloth))
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