Impacts of climate change on agricultural production, prices, and insurance markets

Program or topic: 

Impacts of climate change on agricultural production, prices, and insurance markets

Department(s) or unit(s):

Dyson School of Applied Economics and Management

Contact information:

Joshua D. Woodard, PhD
Assistant Professor of Agribusiness and Finance
Zaitz Family Sesquicentenntial Faculty Fellow
Faculty Fellow – David R. Atkinson Center for a Sustainable Future
Email: woodardjoshua@gmail.com, jdw277@cornell.edu

Program goals:

The overarching objectives of the research program are to develop tools and products to explore the impacts of climate change on agricultural producers and yield/production risk (for example, building tools for forecasting yield probability models under various climate/technology scenarios), including development of frameworks for assessing climate change impacts in the context of multivariate risks; development of models to optimally combine data from various sources in order to optimize credibility of resulting estimators utilizing classical and Bayesian statistical frameworks; modeling impacts of risk perceptions on risk management decisions under climate change, including insurance purchases and strategic investments, via utilization of survey and microeconometric techniques, among others. Focus areas include New York and major U.S. production regions, but also includes an international focus.

For more information:

Joshua Woodard’s profile page



Category: Agriculture/Farming, Economics, Research

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