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Estimating Agricultural Losses from a Hurricane

Jeffrey Dorfman (), Yangxuan Liu and Adam Rabinowitz

Journal of Agribusiness, 2018, vol. 36, issue 2

Abstract: Natural disasters such as hurricanes, floods, and droughts often cause significant economic damages for agricultural producers and agribusinesses. Agricultural economics departments and colleges of agriculture are often asked to help compute economic losses resulting from such events. The resulting loss estimates are used to lobby for various forms of disaster relief and to show that regions, states, or commodities are eligible for existing government programs. This paper documents how agricultural economists and their colleagues at The University of Georgia went about estimating losses suffered in Georgia from Hurricane Michael in October 2018.

Keywords: Agribusiness; Community/Rural/Urban Development (search for similar items in EconPapers)
Date: 2018
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DOI: 10.22004/ag.econ.302482

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