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Climate Change and Future Analysis: Is Stationarity Dying?

Authors :
McCarl, Bruce A.
Villavicencio, Xavier
Ximing Wu
Source :
American Journal of Agricultural Economics; Dec2008, Vol. 90 Issue 5, p1241-1247, 7p, 3 Charts
Publication Year :
2008

Abstract

The article reports on the stationarity of climate change. Analysis of crop yields depend on the assumption of stationarity of variance while the mean changes with time. Due to climate change, mean and variance of crop yields may be changed as well as stationarity of distribution. The article examines crop yields while changing the mean and variance. It studies the stationarity of different climates and their effects on crop yields. Information on climate changes and models for their analysis are presented. An overview of the report is also provided.

Details

Language :
English
ISSN :
00029092
Volume :
90
Issue :
5
Database :
Complementary Index
Journal :
American Journal of Agricultural Economics
Publication Type :
Academic Journal
Accession number :
35037597
Full Text :
https://doi.org/10.1111/j.1467-8276.2008.01211.x