Agricultural Productivity and Producer Behavior
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adaptation
agricultural
agriculture
behavior
biofuel mandates
canada
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climate
commodity
corn
crop insurance
disease management
diversification
drought
electricity
environment
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extreme weather
food
genetically engineered
global
green revolution
ground water
international
moral hazard
productivity
public affairs
reallocation
south africa
transnational
united states of america
verticillium wilt
Product details
- ISBN 9780226619804
- Weight: 595g
- Dimensions: 16 x 23mm
- Publication Date: 13 Nov 2019
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether agricultural productivity growth has been, and will be, associated with significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.
