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| Rubas, Debra J.; Mjelde, James W.; Love, H. Alan. |
| Previous climate information studies have used static models to estimate the benefits of using seasonal forecasts. Technology adoption studies, on the other hand, have used dynamic models but have examined the benefits of adoption ex post. The objective of this study is to examine ex ante the effects of climate forecast adoption on the international wheat market over time. Two general sets of scenarios are analyzed. The first set assumes all wheat-producers within a country or set of countries adopt the forecasts, while producers in the remaining country (ies) do not. Next, producers adopt sequentially over time based on S-shaped adoption curves, whose rates vary by country. Welfare implications are examined and compared in the different scenarios.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
| Ano: 2003 |
URL: http://purl.umn.edu/22160 |
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