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	Provedor de dados AgEcon (1) Autor Ranjan, Ram (1) Tapsuwan, Sorada (1) Palavra-chave Agricultural resilience (1) Climate change (1) Environmental Economics and Policy (1) Exit timing (1) Farm Management (1) Land Economics/Use (1) Resource /Energy Economics and Policy (1) Water scarcity (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2008 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Exit Timing Decisions under Land Speculation and Resource Scarcity in Agriculture AgEcon Ranjan, Ram; Tapsuwan, Sorada. This paper explores the concept of agricultural resilience in the context of climate change related water scarcity. Specifically, the impact of water scarcity on agricultural production is analyzed to derive the timing of exit decisions for farmers faced with the prospect of declining profitability in agriculture but increasing benefits from land rezoning in future. The prospects of land rezoning are modeled as a poison process which may or may not be influenced by farmer’s water abstraction decisions. Selling out of agriculture before land rezoning has an impatience cost as the farmer does not gain the maximum speculative rewards. The analysis highlights the role of such speculative rewards in making farmers resilient to declining profitability in... Tipo: Conference Paper or Presentation Palavras-chave: Agricultural resilience; Exit timing; Water scarcity; Climate change; Environmental Economics and Policy; Farm Management; Land Economics/Use; Resource /Energy Economics and Policy. Ano: 2008 URL: http://purl.umn.edu/5998 Registros recuperados: 1 Primeira ... 1 ... Última

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