This is the first edition of a new, semi-annual, agricultural outlook report by faculty and staff of AEDE.
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.
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)
"The Role of Intellectual Property Rights in Seed Technology Transfer through Trade: Evidence from U.S. Field Crop Seed Exports"
Evaluation of effects of intellectual property rights on U.S. seed exports. With Minyu Zhou (Discover) and Jihyun Eum (Bank of Korea).
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...
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.
Katchova, A.L. and R. Dinterman. “Evaluating Financial Stress and Performance of Beginning Farmers during the Agricultural Downturn.” Agricultural Finance Review 78(2018). https://doi.org/10.1108/AFR-08-2017-0074
Dinterman, R., A.L. Katchova, and J.M. Harris. “Financial Stress and Farm Bankruptcies in U.S. Agriculture.” Agricultural Finance Review 78(2018). https://doi.org/10.1108/AFR-05-2017-0030
This report provides projections for 2018 for the CAUV values of all soil types in Ohio enrolled in the Current Agricultural Use Value Program (CAUV).