New Perspectives on Agricultural Economics, 2022-2026
The proposed initiative will involve four distinct research projects on different topics in agricultural economics. The topics will be selected each year on the basis of interests of ERS staff and some bearing on emerging or current policy issues. NBER research does not make policy recommendations, but provides background information and analysis that can inform policy decisions.
The proposed topic for the 2023 project is “Assessing the Distributional Impacts of Climate Change in the Agricultural Sector.” Climate change affects all aspects of the agricultural sector, from the production of food and fiber, through the choice of technology by producers, to the set of products that are available to consumers and the prices of those products. USDA is committed to understanding the consequences of climate change, as well as the impact of potential policy responses. Economic research on climate-related issues can advance this mission.
The 2023 project will focus on distributional impacts, because USDA is also committed to promoting equitable outcomes both in the impact of climate-related changes and in the design of policy responses. Doing so requires analysis and measurement of the effects of climate change in the agricultural sector on different groups in the population. These include producers and consumers, households in different income groups, racial and ethnic groups, those who live in different areas, and groups defined along other dimensions.
Supported by the US Department of Agriculture grant #59-1000-2-0076
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