Operating credit in row-crop agriculture is path-dependent: unpaid loan balances roll forward and compound, so a single bad year can initiate a multi-year delinquency spiral. Yet credit underwriting and crop insurance pricing treat farm revenue as …
Under the Federal Crop Insurance Program, the Actual Production History (APH)--based Continuous Rating Formula (CRF) adjusts producer premiums mainly to unit-level average yield history, not unit-specific downside tail risk. We study how this …
We estimate the impact of winning an award at a cattle show on the price of cattle genetics and that of their relatives. Dairy farmers choose from various dairy bulls for breeding. These bulls possess genetic traits that reflect their productivity, …
We use a differences-in-differences with a matched control group method to estimate the long-term impacts of genomic selection in the American market for dairy cattle genetics. Genomic selection is an application of big data that uses the entire …
Over the past decade, genomic testing has transformed the U.S. dairy cattle genetics market by allowing breeders to identify high-performing bulls at birth, sharply reducing generation intervals and increasing the rate of genetic improvement in milk …
Starting in the early 2000s, a boom in demand for agricultural commodities displaced cattle ranching out of the most productive areas of the Pampas’ prairie. The crossbreeds between Angus and Hereford with Brahman, i.e., Brangus and Braford, have …
This paper explores the effect of joint labor decisions on the study of wage regression models. The estimation of Mincer equations suffers from numerous sources of bias, including the sample selection problem generated by the fact that agents’ …
What are the effects of floods on reporting likelihood and observable outcomes? I examine this question in the context of a Randomized Control Trial (Shukla and Baylis, 2019) aimed at adopting a specific new technology for small-scale farmers in …
This paper uses the decomposition method of (Greenwood et Al, 2014) to assess the contribution of *Assortative Mating* to household income inequality in Argentina. For this purpose, the Gini coefficient and contingency tables for spouses’ educational …