POTENTIAL FOR FARM ADAPTATION TO GLOBAL CLIMATIC CHANGE IN KENTUCKY
Murali Kanakasabai and
Carl R. Dillon
No 20422, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Two stage Discrete Sequential Stochastic Program is employed to investigate the farm adaptation under global climatic change. Multiple sources of production risk and adaptation are modeled providing a comprehensive farm impact assessment under future climate. Results indicate efficient adaptation by producers to climatic change in spite of a riskier production environment.
Keywords: Farm; Management (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20422
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