Impacts of Increased Climate Variability on the Profitability of Midwest Agriculture

Approximate profit functions are estimated using time-series, cross-sectional, county level data for 12 midwest states. Measures of climate variability are included in the profit functions. Simulated impacts of climate changes on profits are derived. Results show that inclusion of measures of climat...

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Veröffentlicht in:Journal of agricultural and applied economics 1999-12, Vol.31 (3), p.537-549
Hauptverfasser: Dixon, Bruce L., Segerson, Kathleen
Format: Artikel
Sprache:eng
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