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Registros recuperados: 9
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Hurricanes and Possible Intensity Increases: Effects on and Reactions from U.S. Agriculture AgEcon
Chen, Chi-Chung; McCarl, Bruce A..
Hurricanes have caused substantial damage in parts of the U.S. Damages are increasing, perhaps as part of a natural cycle or perhaps in part related to global warming. This paper examines the economic damages that hurricanes cause to U.S. agriculture, estimates the increased damage from an increase in hurricane frequency/intensity, and examines the way that sectoral reactions reduce damages. The simulation results show that hurricanes and associated adjustments cause widespread damage and redistribute agricultural welfare. We find that crop mix shifts of vulnerable crops from stricken to nonstricken regions significantly mitigate hurricane damages.
Tipo: Journal Article Palavras-chave: Crop mix; Hurricane intensity; Stochastic agricultural sector model; Agribusiness; Crop Production/Industries; Production Economics; Q24; Q54; R14.
Ano: 2009 URL: http://purl.umn.edu/48758
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AN ANALYSIS ON POTENTIAL ECONOMIC IMPACTS OF GREENHOUSE GAS MITIGATION THROUGH PLANTING ENERGY CROPS IN TAIWAN AgEcon
Chen, Chi-Chung; Hsu, Shih-Hsun.
The purpose of this study is to evaluate the economic and environmental impacts of planting energy crop on set-aside acreages in Taiwan. To do so, a Taiwan Agricultural Sector Model (TASM) was built and the data parameters of energy crop were incorporated into this model in order to simulate the economic and environmental impacts. Simulation results show that GHGE mitigation depends on the planting acreage of energy crops in which the optimal planting acreage of energy is determined by the profit of other agricultural products as well as government subsidy on energy crop. Therefore, the mitigation of GHGE depends on the government subsidy on energy crop per hectare. Such subsidy is also suitable for the green box by the regulation of WTO.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/19995
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SPATIAL EQUILIBRIUM MODELING WITH IMPERFECTLY COMPETITIVE MARKETS: AN APPLICATION TO RICE TRADE AgEcon
Chen, Chi-Chung; McCarl, Bruce A.; Chang, Ching-Cheng; Hsu, Shih-Hsun.
A general imperfect competition spatial equilibrium model is developed to estimate the trading country behaviors in the international rice market using a conjectural variation approach. Such a model allows the possibility of an imperfect competitive market to exit on both the export and import sides without any assumption of market structure. The empirical results show that the major exporting countries, Thailand, Vietnam, and the U.S. acted as high degree of imperfect competitors(or oligopolies) while Pakistan acted as a lower degree of imperfect competitor. The importing countries such as Japan, the Philippines, Europe, Brazil, and the former USSR behaved as high degree of imperfect competitors (or oligopsonies). The empirical results also show that...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2002 URL: http://purl.umn.edu/19687
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Effects of Agricultural Greenhouse Gas Emission Mitigation Policies: The Role of International Trade AgEcon
Schneider, Uwe A.; Lee, Heng-Chi; McCarl, Bruce A.; Chen, Chi-Chung.
The Kyoto Protocol represents the first international agreement to reduce greenhouse gas emissions. Proposed mitigation efforts may involve the agricultural sector through such options as planting trees, crop and livestock management changes, and biofuels production. The combined use of these strategies could substantially reduce net emissions of carbon dioxide, methane, and nitrous oxide. However, countries where the Protocol imposes emissions caps have expressed concern about their competitiveness with countries that are not part of the Kyoto Protocol. In a free-trade arena, food production and exports in unregulated countries could increase and reduce market share for the producers in complying countries. We examine the effects of differential Protocol...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural Sector Model; Crop exports; Food production; Greenhouse gas emission mitigation; International trade; Kyoto Protocol; Leakage; Environmental Economics and Policy; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/18366
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THE ECONOMIC CONSEQUENCES OF ENSO EVENTS: THE 1997-98 EL NINO AND THE 1998-99 LA NINA AgEcon
Adams, Richard M.; Chen, Chi-Chung; McCarl, Bruce A.; Weiher, Rodney.
Climate is the primary determinant of agricultural productivity. In many parts of the world, including the United States, one can trace much of the year-to-year variations in climate to the El Nino-Southern Oscillation phenomenon. In 1997-98 the world experienced a severe El event and this is being flowed by a strong 1998-99 La Nina. The work underlying this develops estimates of the economic consequences of these events on U.S. agriculture. Both phases result in economic damages -- a $1.5 to $1.7 billion loss for the El Nino and a $2.2 to $6.5 billion for La Nina. The major conclusion is that ENSO events do impose costs on agriculture and consumers.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/24013
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CLIMATE CHANGE AND CROP YIELD DISTRIBUTION: SOME NEW EVIDENCE FROM PANEL DATA MODELS AND IMPLICATIONS FOR CROP INSURANCE AgEcon
Chang, Ching-Cheng; Chen, Chi-Chung.
This study examines the impact of climate on yield for seven major crops in Taiwan based on a pooled panel data of 15 counties over the period 1977-1996. Unit-root tests and maximum likelihood methods are explored to obtain reliable estimates. Results suggest that climate has diversified impacts on crop yields and their variability. A simple crop insurance model by Ahsan, Ali, and Kurian (1982) is shown how crop yield distribution can be the base to calculate the premium and indemnity.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Environmental Economics and Policy; Risk and Uncertainty.
Ano: 2002 URL: http://purl.umn.edu/19589
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THE VALUE OF ENSO INFORMATION TO AGRICULTURE: CONSIDERATION OF EVENT STRENGTH AND TRADE AgEcon
Chen, Chi-Chung; McCarl, Bruce A..
The agricultural value of El Nino-Southern Oscillation (ENSO) phase knowledge is measured in a value-of-information framework using economic models. We examine the value of considering the full distribution of ENSO phase strength effects as opposed to average ENSO phase strength effects, as well as the implications of considering ENSO impacts on the rest of the world (ROW). A stochastic U.S. agricultural sector model linked with a global trade model is used to assess the value of ENSO phase information. When the full distribution of ENSO phase strength is considered, the value of phase information increases twofold with respect to the average ENSO effects.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/30887
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ON THE EQUIVALENCE OF IMPORT TARIFF AND QUOTA: THE CASE OF RICE IMPORT IN TAIWAN AgEcon
Chen, Chi-Chung; Chang, Ching-Cheng; Yang, Min-Hsien.
This paper extends the existing theory on the equivalence of import tariff and quota. If the equivalence is defined on the domestic price level (weak equivalence), then either the zero conjectural variation for domestic country or a perfectly competitive market will be sufficient to support this equivalence. If the equivalence is defined both on the same domestic price level as well as tariff rate (strong equivalence), then the conditions are that either domestic country acts as a Cournot competitor and foreign country is a price taker, or both domestic and foreign country are price takers. An empirical spatial-equilibrium trade model is constructed to simulate the impacts of import tariff and quota. Using Taiwan¡¦s rice import as an example, the...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/21920
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Is Contract Farming More Profitable and Efficient Than Non-Contract Farming-A Survey Study of Rice Farms In Taiwan AgEcon
Chang, Ching-Cheng; Chen, Chi-Chung; Chin, Min-Ching; Tseng, Wei-Chun.
Trade liberalization and globalization has modernized the food retail sector in Taiwan, affecting consumers, producers and trade patterns. These changes have placed significant pressures on farmers and processors including more stringent quality control and product varieties. The government has launched a rice production-marketing contract program in 2005 to assist rice farmers and the agro-business sector to work together as partners. The minimum scale for each contract is 50 hectares of adjacent rice paddies with 50 participants including rice farmers, seedling providers, millers and marketing agents. In order to evaluate the outcome of this program, a survey is conducted in the summer of 2005 after the first (spring) crop is harvested. Information...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2006 URL: http://purl.umn.edu/21374
Registros recuperados: 9
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