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Double or Nothing: Impacts of Warming on Crop Quantity, Quality, and Revenue

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  • Ramsey, A. Ford
  • Tack, Jesse B.
  • Balota, Maria

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Suggested Citation

  • Ramsey, A. Ford & Tack, Jesse B. & Balota, Maria, 2021. "Double or Nothing: Impacts of Warming on Crop Quantity, Quality, and Revenue," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(1), January.
  • Handle: RePEc:ags:jlaare:307462
    DOI: 10.22004/ag.econ.307462
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    References listed on IDEAS

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    1. Chi‐Chung Chen & Ching‐Cheng Chang, 2005. "The impact of weather on crop yield distribution in Taiwan: some new evidence from panel data models and implications for crop insurance," Agricultural Economics, International Association of Agricultural Economists, vol. 33(s3), pages 503-511, November.
    2. Nathaniel B Lyman & Krishna S V Jagadish & L Lanier Nalley & Bruce L Dixon & Terry Siebenmorgen, 2013. "Neglecting Rice Milling Yield and Quality Underestimates Economic Losses from High-Temperature Stress," PLOS ONE, Public Library of Science, vol. 8(8), pages 1-9, August.
    3. Wolfram Schlenker & Michael J. Roberts, 2006. "Nonlinear Effects of Weather on Corn Yields," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(3), pages 391-398.
    4. Kentaro Kawasaki & Shinsuke Uchida, 2016. "Quality Matters More Than Quantity: Asymmetric Temperature Effects on Crop Yield and Quality Grade," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(4), pages 1195-1209.
    5. Anthony C. Fisher & W. Michael Hanemann & Michael J. Roberts & Wolfram Schlenker, 2012. "The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather: Comment," American Economic Review, American Economic Association, vol. 102(7), pages 3749-3760, December.
    6. Uris Lantz C. Baldos & Keith O. Fuglie & Thomas W. Hertel, 2020. "The research cost of adapting agriculture to climate change: A global analysis to 2050," Agricultural Economics, International Association of Agricultural Economists, vol. 51(2), pages 207-220, March.
    7. Ching‐Cheng Chang & Chi‐Chung Chen & Bruce McCarl, 2012. "Evaluating the economic impacts of crop yield change and sea level rise induced by climate change on Taiwan's agricultural sector," Agricultural Economics, International Association of Agricultural Economists, vol. 43(2), pages 205-214, March.
    8. Jesse Tack & Ardian Harri & Keith Coble, 2012. "More than Mean Effects: Modeling the Effect of Climate on the Higher Order Moments of Crop Yields," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(5), pages 1037-1054.
    9. Kentaro Kawasaki, 2019. "Two Harvests Are Better than One: Double Cropping as a Strategy for Climate Change Adaptation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(1), pages 172-192.
    10. Jesse Tack & Keith Coble & Barry Barnett, 2018. "Warming temperatures will likely induce higher premium rates and government outlays for the U.S. crop insurance program," Agricultural Economics, International Association of Agricultural Economists, vol. 49(5), pages 635-647, September.
    11. Robert B. Borges & Walter N. Thurman, 1994. "Marketing Quotas and Random Yields: Marginal Effects of Inframarginal Subsidies on Peanut Supply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 809-817.
    12. Allan M. Walburger, 2002. "Estimating the Implicit Prices of Beef Cattle Attributes: A Case from Alberta," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 50(2), pages 135-149, July.
    13. Aaron Michael Shew & Alvaro Durand‐Morat & Lawton Lanier Nalley & Karen Ann‐Kuenzel Moldenhauer, 2018. "Estimating the benefits of public plant breeding: beyond profits," Agricultural Economics, International Association of Agricultural Economists, vol. 49(6), pages 753-764, November.
    14. Hanson, Steven D. & Myers, Robert J. & Hilker, James H., 1999. "Hedging with Futures and Options under a Truncated Cash Price Distribution," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 31(3), pages 449-459, December.
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    Cited by:

    1. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.

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