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The persistence of drought impacts across growing seasons: a dynamic stochastic analysis AgEcon
Peck, Dannele E.; Adams, Richard M..
Agricultural producers throughout much of the United States experienced one of the most severe droughts in the last 100 years during the years 1999-2006. The prolonged nature of this drought highlights a need to better understand the impacts and management of drought across growing seasons, rather than just within a growing season. Producers express specific concern about the tendency of drought impacts to persist even after drought itself has subsided. The persistence of drought impacts has received limited attention in the economics literature. The objectives of this study are two-fold: 1) to determine whether inter-year dynamics, in the form of agronomic constraints and financial flows, can cause persistence of a drought's impact in years subsequent...
Tipo: Conference Paper or Presentation Palavras-chave: Drought; Preparedness; Response; Uncertainty; Dynamics; Discrete stochastic programming; Agriculture; Irrigation; Eastern Oregon; Row crops; Crop rotation; Crop Production/Industries; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/9253
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