Climate Change and the Economics of Conservation Tillage
Whitney Hodde,
Juan Sesmero (),
Benjamin Gramig,
Tony Vyn and
Otto Doering
No 236090, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association
Abstract:
This study evaluates the economics of conservation tillage (chisel till and no till) and examines how climate change will likely affect it. We use data from long-term experimental plots in Indiana to estimate how corn and soybean yields respond to weather patterns under alternative tillage practices. Yield functions are coupled with random draws of weather variables to construct distributions describing the probability that conservation tillage will result in higher profits than more intensive tillage, under current and future climatic regimes. Results suggest that, in our study area, projected climate change will make conservation tillage more attractive.
Keywords: Crop Production/Industries; Environmental Economics and Policy; Production Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-dev and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:236090
DOI: 10.22004/ag.econ.236090
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