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Resilience, Weather and Dynamic Adjustments in Agroecosystems: The Case of Wheat Yield in England

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  • Jean-Paul Chavas

    (University of Wisconsin)

  • Salvatore Falco

    (University of Geneva)

Abstract

The paper presents an investigation of agroecosystem dynamics with an application to wheat yield data in England over the period 1885–2012. The analysis relies on a Threshold Quantile Autoregressive model. The model allows for lag effects to vary across quantiles of the distribution as well as with the values taken by the lagged variables. The analysis documents the dynamics and persistence of yield adjustments to shocks. The estimates indicate the presence of dynamic instability in the lower quantile of the distribution. The analysis shows that, after controlling for the role of technological trend, wheat yield exhibits resilience to adverse weather shocks.

Suggested Citation

  • Jean-Paul Chavas & Salvatore Falco, 2017. "Resilience, Weather and Dynamic Adjustments in Agroecosystems: The Case of Wheat Yield in England," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(2), pages 297-320, June.
  • Handle: RePEc:kap:enreec:v:67:y:2017:i:2:d:10.1007_s10640-015-9987-9
    DOI: 10.1007/s10640-015-9987-9
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    Cited by:

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    2. Buddhika Patalee & Glynn T. Tonsor, 2021. "Weather effects on U.S. cow‐calf production: A long‐term panel analysis," Agribusiness, John Wiley & Sons, Ltd., vol. 37(4), pages 838-857, October.
    3. Dardonville, Manon & Urruty, Nicolas & Bockstaller, Christian & Therond, Olivier, 2020. "Influence of diversity and intensification level on vulnerability, resilience and robustness of agricultural systems," Agricultural Systems, Elsevier, vol. 184(C).
    4. Vigani, M. & Berry, R., 2018. "Farm economic resilience, land diversity and environmental uncertainty," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276979, International Association of Agricultural Economists.
    5. Patalee, M.A. Buddhika & Tonsor, Glynn T., 2021. "Impact of weather on cow-calf industry locations and production in the United States," Agricultural Systems, Elsevier, vol. 193(C).

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    More about this item

    Keywords

    Agroecosystem dynamics; Resilience; Yield; Quantile regression; Threshold;
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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