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Optimal crop protection against climate risk in a dynamic cost-loss decision-making model AgEcon
Quiroga, Sonia; Cerda, Emilio.
Extreme meteorological events have increased over the last decade and it is widely accepted that it is due to climate change. Some of these extremes like drought or frost episodes largely affect agricultural outputs that could face a serious decline. Therefore, additional efforts on technology and adaptation become crucial to reduce the effect of climate change on agricultural production. Protection against adverse weather extremes is a significant component of risk management and large protection decisions need dynamic treatment, such as the vineyards or citrus protection against frost (Murphy et al., 1985), the water management for cereals irrigation in drought shortage contexts, the “options and futures” exchange markets decisions for major crops in...
Tipo: Conference Paper or Presentation Palavras-chave: Information value; Cost-loss ratio; Dynamic decision models; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Production Economics; Research Methods/ Statistical Methods; C6; Q1.
Ano: 2009 URL: http://purl.umn.edu/51702
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Carbon Sequestration with Reforestations and Biodiversity-Scenic Values AgEcon
Caparros, Alejandro; Cerda, Emilio; Ovando, P.; Campos, Pablo.
This paper presents an optimal control model to analyze reforestations with two different species, including commercial values, carbon sequestration and biodiversity or scenic values. We solve the model qualitatively with general functions and discuss the implications of partial or total internalization of environmental values, showing that internalizing only carbon sequestration may have negative impacts on biodiversity-scenic values. To evaluate the practical relevance, we compare reforestations in the South-west of Spain with cork-oaks (a slow growing native species) and with eucalyptus (a fast growing alien species). We do the analysis with two different carbon crediting methods: the Carbon Flow Method and the Ton Year Accounting Method. With the...
Tipo: Working or Discussion Paper Palavras-chave: Optimal Control; Forests; Carbon; Sequestration; Biodiversity; Scenic; Stated Preferences; Carbon Accounting; Environmental Economics and Policy; Q23; Q26; Q51; Q57.
Ano: 2007 URL: http://purl.umn.edu/9323
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