Rural America’s economic performance has generally lagged urban America’s performance for decades. This relative decline accelerated after 2000, and the economic expansion since the Great Recession largely missed much of rural America. The US has experienced declining rates of dynamism since the 1970s, but this phenomenon is stronger in rural areas. For example, declining rates of new-firm startups hit rural America even harder. Rural-to-urban migration, the traditional route to prosperity for generations of rural residents, has also declined, leaving many rural American “trapped” in...
Davis, E.C., A.L. Katchova. "The Impact of Bank Deregulations on Farm Financial Stress and Stability." Sustainability (2020), 12(4), 1684. https://doi.org/10.3390/su12041684
Sant’Anna, A.C., and A.L. Katchova. “Determinants of Land Value Volatility in the U.S. Corn Belt.” Applied Economics (2020). https://doi.org/10.1080/00036846.2020.1730760
Kim, K.N., and A.L. Katchova. “Impact of the Basel III Bank Regulation on Agricultural Lending.” Agricultural Finance Review (2020), forthcoming. https://doi.org/10.1108/AFR-11-2019-0124
Connor, L., and A.L. Katchova. “Crop Insurance Participation Rates and Asymmetric Effects on U.S. Corn and Soybean Yield Risk.” Journal of Agricultural and Resource Economics (2020), 45(1):1-19. https://doi.org/10.22004/ag.econ.298431
Presentation at the 2019 Agricultural Policy and Outlook Conference, November 12, 2019.
CAUV values projections for 2020 and 2021.
This report provides information on agricultural loan volumes and delinquencies for Ohio for 2019.
Jointly authored with Steve McCorriston (University of Exeter), this paper examines the common causes of populism and economic nationalism in the US and UK, focusing on the "China shock". The key difference in the policy response of the two countries is that the US has become more protectionist, while the UK seeks new free trade agreements following Brexit. However, both policy choices are costly, with implications for economic integration.
Update on Chapter 12 farm bankruptcies through second quarter of 2019.