2012
DOI: 10.1093/ajae/aas071
|View full text |Cite
|
Sign up to set email alerts
|

More than Mean Effects: Modeling the Effect of Climate on the Higher Order Moments of Crop Yields

Abstract: This article proposes the use of moment functions and maximum entropy techniques as a flexible approach for estimating conditional crop yield distributions. We present a moment‐based model that extends previous approaches, and is easily estimated using standard econometric estimators. Predicted moments under alternative regimes are used as constraints in a maximum entropy framework to analyze the distributional impacts of switching regimes. An empirical application for Arkansas, Mississippi, and Texas upland c… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

4
57
0

Year Published

2013
2013
2022
2022

Publication Types

Select...
10

Relationship

2
8

Authors

Journals

citations
Cited by 80 publications
(61 citation statements)
references
References 67 publications
4
57
0
Order By: Relevance
“…This study included wheat varieties as separate variables, providing an accurate and up‐to‐date estimate of the relative yield of each variety and holding constant location, weather, and disease. This approach provides initial estimates of how to construct a portfolio of wheat varieties to mitigate risk, which was shown to be important in mitigating the effects of climate change by Collier et al (2009), Tack et al (2012), and Tack (2013a, 2013b), and extends previous wheat portfolio research of Barkley et al (2010) and Nalley and Barkley (2010) and the rice portfolio work of Nalley et al (2009b). Model results for wheat varieties provide wheat breeders initial information about breeding for heat tolerance (Pradhan et al, 2012).…”
Section: Methodsmentioning
confidence: 81%
“…This study included wheat varieties as separate variables, providing an accurate and up‐to‐date estimate of the relative yield of each variety and holding constant location, weather, and disease. This approach provides initial estimates of how to construct a portfolio of wheat varieties to mitigate risk, which was shown to be important in mitigating the effects of climate change by Collier et al (2009), Tack et al (2012), and Tack (2013a, 2013b), and extends previous wheat portfolio research of Barkley et al (2010) and Nalley and Barkley (2010) and the rice portfolio work of Nalley et al (2009b). Model results for wheat varieties provide wheat breeders initial information about breeding for heat tolerance (Pradhan et al, 2012).…”
Section: Methodsmentioning
confidence: 81%
“…Future research with access to larger data sets on hybrid and conventional cultivars might benefit from studying the relationship between cultivar and higher order moments (skew, kurtosis, etc.) following the approach of Tack et al (2012).…”
Section: Resultsmentioning
confidence: 99%
“…Thus, we included all three sources of variation as fixed effects in the regression model (soil type, cultivar, location). Combining fixed effects with weather outcomes is the preferred econometric approach in the yield modeling literature focusing on climate-yield relationships (Schlenker & Roberts, 2009;Schlenker & Lobell, 2010;Tack et al, 2012;Urban et al, 2012;Schlenker et al, 2013;Lobell et al, 2014). The omission of these controls could impact the estimated effect of EC due to omitted variable bias.…”
Section: Datamentioning
confidence: 99%