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The Effects of Weather Shocks on Crop Prices in Unfettered Markets: The United States Prior to the Farm Programs, 1895-1932

In: The Economics of Climate Change: Adaptations Past and Present

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  • Jonathan F. Fox
  • Price V. Fishback
  • Paul W. Rhode

Abstract

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Suggested Citation

  • Jonathan F. Fox & Price V. Fishback & Paul W. Rhode, 2011. "The Effects of Weather Shocks on Crop Prices in Unfettered Markets: The United States Prior to the Farm Programs, 1895-1932," NBER Chapters, in: The Economics of Climate Change: Adaptations Past and Present, pages 99-130, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:11984
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    References listed on IDEAS

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    1. Deschenes, Olivier & Greenstone, Michael, 2004. "The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather," University of California at Santa Barbara, Economics Working Paper Series qt6w7242cj, Department of Economics, UC Santa Barbara.
    2. Richard H. Steckel, 1992. "Stature and Living Standards in the United States," NBER Chapters, in: American Economic Growth and Standards of Living before the Civil War, pages 265-310, National Bureau of Economic Research, Inc.
    3. Thomas F. Cooley & Steven J. DeCanio & M. Scott Matthews, 1977. "An Agricultural Time Series-Cross Section Data Set," NBER Working Papers 0197, National Bureau of Economic Research, Inc.
    4. Wolfram Schlenker & W. Michael Hanemann & Anthony C. Fisher, 2006. "The Impact of Global Warming on U.S. Agriculture: An Econometric Analysis of Optimal Growing Conditions," The Review of Economics and Statistics, MIT Press, vol. 88(1), pages 113-125, February.
    5. Komlos, John, 1987. "The Height and Weight of West Point Cadets: Dietary Change in Antebellum America," The Journal of Economic History, Cambridge University Press, vol. 47(4), pages 897-927, December.
    6. Mendelsohn, Robert & Nordhaus, William D & Shaw, Daigee, 1994. "The Impact of Global Warming on Agriculture: A Ricardian Analysis," American Economic Review, American Economic Association, vol. 84(4), pages 753-771, September.
    7. Schlenker, Wolfram & Hanemann, W. Michael & Fisher, Anthony C., 2004. "Will U.S. Agriculture Really Benefit from Global Warming? Accounting for Irrigation in the Hedonic Approach," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt65s781bh, Department of Agricultural & Resource Economics, UC Berkeley.
    8. Lange, Fabian & Olmstead, Alan L. & Rhode, Paul W., 2009. "The Impact of the Boll Weevil, 1892–1932," The Journal of Economic History, Cambridge University Press, vol. 69(3), pages 685-718, September.
    9. Olivier Deschênes & Michael Greenstone, 2007. "The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather," American Economic Review, American Economic Association, vol. 97(1), pages 354-385, March.
    10. Wolfram Schlenker & W. Michael Hanemann & Anthony C. Fisher, 2005. "Will U.S. Agriculture Really Benefit from Global Warming? Accounting for Irrigation in the Hedonic Approach," American Economic Review, American Economic Association, vol. 95(1), pages 395-406, March.
    11. Haines, Michael R. & Craig, Lee A. & Weiss, Thomas, 2003. "The Short and the Dead: Nutrition, Mortality, and the “Antebellum Puzzle” in the United States," The Journal of Economic History, Cambridge University Press, vol. 63(2), pages 382-413, June.
    12. Mundlak, Yair & Larson, Donald F, 1992. "On the Transmission of World Agricultural Prices," The World Bank Economic Review, World Bank, vol. 6(3), pages 399-422, September.
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    Cited by:

    1. Mirzabaev, Alisher & Tsegai, Daniel W., 2012. "Effects of weather shocks on agricultural commodity prices in Central Asia," Discussion Papers 140769, University of Bonn, Center for Development Research (ZEF).
    2. Ashraf J. Zaied & Hatim M. E. Geli & Mohammed N. Sawalhah & Jerry L. Holechek & Andres F. Cibils & Charlotte C. Gard, 2020. "Historical Trends in New Mexico Forage Crop Production in Relation to Climate, Energy, and Rangelands," Sustainability, MDPI, vol. 12(5), pages 1-22, March.

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