Sunday, March 4, 2012

Studies from Columbia University yield new data on agricultural economics.

"Extreme interannual variability of precipitation within Ethiopia is not uncommon, inducing droughts or floods and often creating serious repercussions on agricultural and nonagricultural commodities. A dynamic climate module is integrated into an economy-wide model containing a detailed zonal level agricultural structure," scientists writing in the journal Agricultural Economics report.

"This coupled climate-economic model is used to evaluate the effects of climate variability on prospective irrigation and infrastructure investment strategies, and the ensuing country-wide economy. The linkages between the dynamic climate module and the economic model are created by …

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