Agricultural Productivity and Producer Behavior Schlenker Wolfram
Agricultural Productivity and Producer Behavior Schlenker Wolfram Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. Recent severe weather…
Specifikacia Agricultural Productivity and Producer Behavior Schlenker Wolfram
Agricultural Productivity and Producer Behavior Schlenker Wolfram
Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand.
Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. This research also considers whether such growth will impose significant environmental externalities.
Among the topics studied are genetically modified crops; changing climatic factors; farm production