NORTH CAROLINA STATE UNIVERSITY

Description

MANY CROP-PRODUCING REGIONS IN THE UNITED STATES EXPERIENCE SIGNIFICANT VARIABILITY IN CROP REVENUES DUE TO FLUCTUATIONS IN GROWING CONDITIONS, MARKET DYNAMICS, AND EVOLVING POLICY ENVIRONMENTS. USING RIGOROUS AND NOVEL ECONOMETRIC METHODS, WE PROPOSE TO ADDRESS FOUR KEY OBJECTIVES.FIRST, WE AIM TO ANALYZE THE EFFECTS OF WEATHER ON CROP REVENUE VARIABILITY, WITH A FOCUS ON CORN AND SOYBEANS IN THE U.S. OUR APPROACH WILL ACCOUNT FOR THE CORRELATION BETWEEN PRICE AND YIELD WHEN QUANTIFYING THE IMP

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