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Climate change is expected to increase future temperatures, potentially resulting in reduced crop production in many key production regions. Research quantifying the complex relationship between weather variables and wheat yields is rapidly growing, and recent advances have used a variety of model specifications that differ in how temperature data are(More)
Two common problems in econometric models of production are aggregation and unobservable variables. Many production processes are subject to production shocks, hence both expected and realized output is unknown when inputs are committed. Expectations processes are notoriously difficult to model, especially when working with aggregated data or risk-averse(More)
Flooded rice is grown across wide geographic boundaries from as far north as Manchuria and as far south as Uruguay and New South Wales, primarily because of its adaptability across diverse agronomic and climatic conditions. Salt-stress damage, a common occurrence in delta and coastal rice production zones, could be heightened by the interactions between(More)
Agricultural production is subject to supply risk. Expected and realized farm outputs and output prices are unknown and unobservable when inputs are chosen. Crop and livestock production decisions are linked over time. Producers' expectations are particularly difficult to model. This paper presents the necessary and sufficient condition to allow input(More)
The impact of climate change on crop yields has become widely measured; however, the linkages for winter wheat are less studied due to dramatic weather changes during the long growing season that are difficult to model. Recent research suggests significant reductions under warming. A potential adaptation strategy involves the development of heat resistant(More)
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