Agricultural Productivity and Producer Behavior by Wolfram Schlenker
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Agricultural Productivity and Producer Behavior

Agricultural Productivity and Producer Behavior


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About the Book

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.
About the Author: Wolfram Schlenker is a professor at the School of International and Public Affairs and the Earth Institute at Columbia University and a research associate of the NBER.


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Product Details
  • ISBN-13: 9780226619804
  • Publisher: University of Chicago Press
  • Publisher Imprint: University of Chicago Press
  • Height: 231 mm
  • No of Pages: 432
  • Series Title: National Bureau of Economic Research Conference Report
  • Weight: 658 gr
  • ISBN-10: 022661980X
  • Publisher Date: 13 Nov 2019
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 25 mm
  • Width: 155 mm


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