2021
DOI: 10.1017/aae.2021.29
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Spatial Panel Models of Crop Yield Response to Weather: Econometric Specification Strategies and Prediction Performance

Abstract: This study scrutinizes spatial econometric models and specifications of crop yield response functions to provide a robust evaluation of empirical alternatives available to researchers. We specify 14 competing panel regression models of crop yield response to weather and site characteristics. Using county corn yields in the US, this study implements in-sample, out-of-sample, and bootstrapped out-of-sample prediction performance comparisons. Descriptive propositions and empirical results demonstrate the importan… Show more

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Cited by 4 publications
(3 citation statements)
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“…(1 - {\mathrm{exp}}\left( { - \frac{s}{{{a}_{Bph}}}} \right) \right]\end{eqnarray}$$where nugBph$nu{g}_{Bph}$ is the nugget effect, psillBph$psil{l}_{Bph}$ is the partial sill, and aBph${a}_{Bph}$ is the range. We use the exponential because it is commonly used (Niyibizi et al., 2022; Park et al., 2019; Sharma et al., 2022) but numerous other functional forms have been suggested (Yun & Gramig, 2022).…”
Section: Theorymentioning
confidence: 99%
“…(1 - {\mathrm{exp}}\left( { - \frac{s}{{{a}_{Bph}}}} \right) \right]\end{eqnarray}$$where nugBph$nu{g}_{Bph}$ is the nugget effect, psillBph$psil{l}_{Bph}$ is the partial sill, and aBph${a}_{Bph}$ is the range. We use the exponential because it is commonly used (Niyibizi et al., 2022; Park et al., 2019; Sharma et al., 2022) but numerous other functional forms have been suggested (Yun & Gramig, 2022).…”
Section: Theorymentioning
confidence: 99%
“…Yu Arkhipova & Smirnov (2020) predicted crop yields in Russia by using econometric models such as the traditional least squares regression model and the truncated sample regression model. Yun & Gramig (2022) used regression modelling (nonspatial panel regression) of corn yield in US counties using weather and site characteristics as independent variables. Okorie et al, (2023) conducted yield forecasting of major crops (banana, plantain, beans, cassava, coffee, sorghum, potato, sweet potato, maize, rice, sugarcane, wheat, millet and cotton seed) in East African countries (Burundi, Kenya, Somalia, Tanzania, Uganda and Rwanda) using an ARIMA model.…”
Section: Introductionmentioning
confidence: 99%
“…However, there are some limitations and potential sources of error that are worth considering. Here are some of them [48][49][50][51][52] It is important to understand these limitations and potential sources of error in crop yield prediction. Models can be useful tools, but they should be used carefully, take into account a variety of factors, and evolve with advances in knowledge and data availability.…”
Section: Introductionmentioning
confidence: 99%