Agricultural Land Elasticities in the United States and Brazil

dc.contributor.author Barr, Kanlaya
dc.contributor.author Babcock, Bruce
dc.contributor.author Carriquiry, Miguel
dc.contributor.author Nasser, Andre
dc.contributor.author Harfuch, Leila
dc.contributor.department Economics
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2018-02-18T04:33:48.000
dc.date.accessioned 2020-06-30T02:07:47Z
dc.date.available 2020-06-30T02:07:47Z
dc.date.issued 2011-07-25
dc.description.abstract <p>The elasticity of aggregate supply of cropland is one key to understanding the degree to which policy-induced increases in demand for biofuel feedstocks or agricultural CO2 offsets will result in higher prices or expanded crop production. We report land supply elasticities for the United States and Brazil estimated directly from recent changes in planted crop acreage and estimated changes in expected returns. The resulting aggregate implied land-use elasticities with respect to price are quite inelastic in the United States and Brazil elasticities have declined sharply in recent years. The estimated elasticities imply that current estimates of land-based CO2 emissions from biofuels expansion may be overstated</p>
dc.description.comments <p>This is a working paper of an article from <em>Applied Economic Perspectives and Policy</em>, (2011) 33(3); 449-462, Doi: <a href="http://dx.doi.org/10.1093/aepp/ppr011" target="_blank">10.1093/aepp/ppr011</a>. </p>
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/521/
dc.identifier.articleid 1517
dc.identifier.contextkey 9687124
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/521
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/21746
dc.source.uri http://lib.dr.iastate.edu/cgi/viewcontent.cgi?article=1524&context=card_workingpapers
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Growth and Development
dc.subject.disciplines Health Economics
dc.subject.disciplines Industrial Organization
dc.subject.disciplines Regional Economics
dc.subject.keywords agricultural land elasticity
dc.subject.keywords Brazil crop production
dc.subject.keywords U.S. aggregate land supply elasticity
dc.title Agricultural Land Elasticities in the United States and Brazil
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
relation.isOrgUnitOfPublication 1a6be5f1-4f64-4e48-bb66-03bbcc25c76d
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