Recent Publications

This report provides an outlook on agricultural lending and delinquencies for Ohio for fall 2018.
The United State Department of Agriculture (USDA), on August 30, forecasted U.S. net farm income for 2018 to decline 13% from last year, from $75.5 billion in 2017 to $65.7 billion in 2018 (USDA 2018). If realized, U.S. net farm income would decrease to levels witnessed in 2016 (Figure 1). This decline is even larger when we consider inflation-adjusted values, showing a 14.8% decrease in real U.S. net farm income. The USDA also made a similar downward forecast for U.S. net cash income. Net cash income is projected to drop 12% in 2018, from $104 billion in 2017 to $91.5 billion in 2018. These...
Our Author(s):
Evaluation of WTO/Gatt and extent to which it will act as a constraint on economic nationalism. With Daniel Chow (Moritz College of Law, Ohio State) and William McGuire (University of Washington, Tacoma) https://academic.oup.com/ajae/advance-article/doi/10.1093/ajae/aay060/50...
Our Author(s):
Analysis of impact of science parks on productivity of small and medium-sized enterprises - also with Syed Hasan (Lahore University of Management)
This is the first edition of a new, semi-annual, agricultural outlook report by faculty and staff of AEDE.
Our Author(s):
NBER Working Paper 24772 - co-authored with Kari E.R. Heerman (ERS/USDA) and presented at "Trade and Agriculture Conference", NBER, Cambridge, May 2018. Discussion of methodology for adapting applied general equilibrium model to reflect both random and non-random variation in agricultural productivity across countries.
Our Author(s):
An economic and legal evaluation of US trade policy towards China. With Daniel Chow (Moritz College of Law, Ohio State) and William McGuire (University of Washington Tacoma)
Our Author(s):
Evaluation of effects of intellectual property rights on U.S. seed exports. With Minyu Zhou (Discover) and Jihyun Eum (Bank of Korea).
Our Author(s):
We build a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in most IAMs. These elements are spatial heat transport from the Equator to the Poles, sea level rise, permafrost thaw and tipping points. We study optimal policies under cooperation and various degrees of competition between regions. Our results suggest that when the elements of climate science which are accounted for in this paper are ignored, important policy variables such as the social cost of carbon...
Our Author(s):
Dinterman, R., and A.L. Katchova. "Tax Incidence on Rented Agricultural Land." Working Paper, Department of Agricultural, Environmental, and Development Economics, The Ohio State University, 2018.

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