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Author |
Angelova, D. |
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Title |
The state-contingent approach to production and choice under uncertainty: usefulness as a basis for economic modeling |
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2014 |
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FACCE MACSUR Reports |
Abbreviated Journal |
FACCE MACSUR Rep. |
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3 |
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Sp3-8 |
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The state-contingent approach developed by Chambers and Quiggin (2000) constitutes an attractive blend of a theory of production analysis under uncertainty and a theory of decision-making under uncertainty.One of the goals of this contribution is to introduce the reader to the approach by outlining its contents while comparing and contrasting it to related theories. With respect to production analysis: an emphasis is made on the ability of the approach to deliver well defined cost functions corresponding to stochastic production technologies. With respect to decision-making under uncertainty: the comparison with other theories consistent with a rational agent emphasizes the production theoretical basis of the state-contingent approach.It is the author’s belief that appropriately categorizing the state-contingent approach serves the primary goal of this work: to explore its usefulness as a basis for economic modeling. Some challenges regarding an empirical implementation are discussed: challenges in estimating the parameters of a state-contingent technology representation in general, as well as challenges arising from the fact that the approach is constructed around the argument pioneered by Leonard J Savage: that probabilities underlying economic decision-making are inherently subjective.(The financial support of ScienceCampus Halle is gratefully acknowledged.) No Label |
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FACCE MACSUR Reports |
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3 |
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MA @ admin @ |
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2225 |
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Author |
Bojar, W.; Zarski, J. |
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“Methods of management with processes and resources in organizations and the economy”, “Application of water saving irrigation and fertigation systems in plants cultivation” |
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2014 |
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The first research project concerns methods of management with processes and resources in organizations and the economy. In order to address socio-economic problems, methods for evaluating the way in which natural resources are globally utilised in the face of the adverse effects of climate change must be developed. Previous findings of the project MACSUR allow to formulate the hypothesis that the method developed in UTP integrated with models of MACSUR partners is useful to assess the impact of climate change on food security in the context of growing economic risks in agricultural production. Verified hypothesis allows us to expect a common understanding on the assessment of the impact of climate change on food security in the light of the growing threat of food production.The second research project is to assess the feasibility and effectiveness of the system of drip irrigation in the cultivation of selected crops in the area of particularly large water shortages. Field studies are carried out in parallel on two soil types in the Research Centre of the University of Technology and Life Sciences near Bydgoszcz. The results confirm the possibility of a significant increase in productivity of irrigated plants on very light and light soils. The most important result of the synergistic relationship of this project to MACSUR project can be economic evaluation of the cost-effectiveness of surveyed plants under conditions of increasing drought probability. The results will be presented to stakeholders – agricultural producers, which will confront their usefulness in the management of farms.This work was co-financed by NCBiR, Contract no. FACCE JPI/04/2012 – P100 PARTNER |
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FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
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no |
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MA @ admin @ |
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5045 |
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Pasqui, M.; Quaresima, S.; Tomozeiu, R.; Dono, G.; Doro, L.; Cortignani, R.; Ledda, L.; Roggero, P.P. |
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A comprehensive climate characterization of the Oristano (Sardinia) regional pilot case study |
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2014 |
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In order to assess probability distributions of critical response variables in a full crop modelling system, a complete climate characterization has been implemented to identify principal variability components in the Oristano (Sardinia) regional pilot study area with a particular emphasis on current vs near future climate. |
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FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
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no |
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Call Number |
MA @ admin @ |
Serial |
5046 |
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Bourne, M.G.; Philippidis, G. |
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A computable general equilibrium assessment of Spain’s greenhouse gas emissions policies and abatement options |
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2014 |
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Employing a recursive dynamic computable general equilibrium (CGE) model of the Spanish economy, this study aims to characterise the potential impact of Kyoto and European Union environmental policy targets on the Spanish economy up to 2020, with a focus on the agricultural sector. The model code is modified to characterise the emissions trading scheme (ETS), emissions quotas and carbon taxes, whilst emissions reductions are applied to all six registered greenhouse gases (GHGs). As extensions to this work, the study attempts to integrate the use of ‘Marginal Abatement Cost’ (MAC) curves for emissions reductions within the agricultural sector, and econometric estimates of the effects of global warming on land productivity in Spain. |
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FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
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Notes |
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no |
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Call Number |
MA @ admin @ |
Serial |
5047 |
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Author |
Mueller, C. |
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Title |
A crop modeling response to economists’ wishlists |
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Conference Article |
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Year |
2014 |
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Assessments of climate change impacts on agricultural markets and land-use patterns rely on quantification of climate change impacts on the spatial patterns of land productivity. We supply a set of climate impact scenarios on agricultural land productivity derived from two climate models and two biophysical crop growth models to account for some of the uncertainty inherent in climate and impact models. Aggregation in space and time leads to information losses that can determine climate change impacts on agricultural markets and land-use patterns because often aggregation is across steep gradients from low to high impacts or from increases to decreases. The four climate change impact scenarios supplied here were designed to represent the most significant impacts (high emission scenario only, assumed ineffectiveness of carbon dioxide fertilization on agricultural yields, no adjustments in management) but are consistent with the assumption that changes in agricultural practices are covered in the economic models. Globally, production of individual crops decrease by 10 to 38% under these climate change scenarios, with large uncertainties in spatial patterns that are determined by both the uncertainty in climate projections and the choice of impact model. This uncertainty in climate impact on crop productivity needs to be considered by economic assessments of climate change. |
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Series Editor |
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Abbreviated Series Title |
FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
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Notes |
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no |
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Call Number |
MA @ admin @ |
Serial |
5048 |
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