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来源类型Working Paper
规范类型报告
DOI10.3386/w22624
来源IDWorking Paper 22624
Agro-Ecosystem Productivity and the Dynamic Response to Shocks
Jean-Paul Chavas
发表日期2016-09-12
出版年2016
语种英语
摘要This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means high odds of escaping from undesirable zones of instability toward zones that are more desirable and stable. Traps mean low odds of escaping from zones that are both undesirable and stable. The approach is illustrated in an application to the dynamics of productivity applied to historical data on wheat yield in Kansas over the period 1885-2012. The dynamics of this agroecosystem and its response to shocks are of interest as Kansas agriculture faced major droughts, including the catastrophic Dust Bowl of the 1930’s. The analysis identifies a zone of instability in the presence of successive adverse shocks. It also finds evidence of resilience. We associate the resilience with induced innovations in management and policy in response to adverse shocks.
主题Development and Growth ; Development ; Innovation and R& ; D ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w22624
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580297
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Jean-Paul Chavas. Agro-Ecosystem Productivity and the Dynamic Response to Shocks. 2016.
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