The value of ENSO information to agriculture: Consideration of event strength and trade

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dc.contributorTexas Agricultural Experiment Station (TAES)en
dc.contributorU.S. Department of Agriculture. Natural Resource Conservation Service (NRCS)en
dc.contributorNOAAen
dc.contributorMjelde, Jimen
dc.contributorHill, Harveyen
dc.contributorFuller, Steveen
dc.contributorFellin, Luisen
dc.contributor.authorChen, Chi Chungen
dc.contributor.authorMcCarl, Bruce A.en
dc.contributor.departmentSustainable Agriculture and Natural Resource Management (SANREM) Knowledgebaseen
dc.coverage.spatialUnited Statesen
dc.date.accessioned2016-04-19T18:07:12Zen
dc.date.available2016-04-19T18:07:12Zen
dc.date.issued2000en
dc.descriptionMetadata only recorden
dc.description.abstractThis paper uses economic models to assess the value of El Niño-Southern Oscillation (ENSO) phase knowledge in agricultural planning. The authors evaluate the effects of improved forecasts of ENSO through economic modeling that incorporates the US agricultural sector and global trade. They attempted to quantify the impacts of expanding the model to include global consequences of ENSO shifts and also evaluated the value of basing the model on the full distribution versus averaged ENSO phase strength effects, finding that accounting for the full distribution increased the value of the information to twice that of the averaged distribution calculations.en
dc.format.mimetypetext/plainen
dc.identifier168en
dc.identifier.citationJournal of Agricultural and Resource Economics 25(2): 368-385en
dc.identifier.issn1068-5502en
dc.identifier.urihttp://hdl.handle.net/10919/65255en
dc.language.isoen_USen
dc.publisherBozeman, MT: Western Agricultural Economics Associationen
dc.rightsIn Copyrighten
dc.rights.holderCopyright 2000 Western Agricultural Economics Associationen
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectWorld marketsen
dc.subjectEconomic analysesen
dc.subjectInternational tradeen
dc.subjectModelingen
dc.subjectEconomic modeling and analysisen
dc.subjectEconomic impactsen
dc.subjectAgricultureen
dc.subjectEl niño southern oscillation (enso)en
dc.subjectAgricultural Sector Model (ASM)en
dc.subjectDisseminationen
dc.subjectStochastic programmingen
dc.subjectCrop yieldsen
dc.subjectEnso forecastsen
dc.subjectValue of informationen
dc.subjectUncertaintyen
dc.subjectSpatial equilbrium modelen
dc.subjectFarm/Enterprise Scaleen
dc.titleThe value of ENSO information to agriculture: Consideration of event strength and tradeen
dc.title.alternativeThe value of ENSO information: Consideration of uncertainty and tradeen
dc.typeAbstracten
dc.type.dcmitypeTexten

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