{"title":"The behavioral dimension of CO2 fertilization effect: Evidence from US harvesting records","authors":"Ziheng Liu","doi":"10.1111/agec.12860","DOIUrl":null,"url":null,"abstract":"<p>The CO<sub>2</sub> fertilization effect has been demonstrated to boost crop production by enhancing photosynthesis and reducing drought stress. In addition to this biological channel, there is also a behavioral margin for the CO<sub>2</sub> fertilization effect that was previously unnoticed. I find evidence that an additional ppm of average CO<sub>2</sub> concentration leads to increases in the corn and soybean harvested ratios of .57 and .75 percentage points, respectively. My predictions suggest that, without considering the adjustment in harvesting decision, the crop production benefits from CO<sub>2</sub> fertilization effect would be biasedly estimated for both corn and soybeans, which broadens the understanding of farmers’ behavioral responses to environmental stimuli and extends the knowledge on how CO<sub>2</sub> would benefit crop production.</p>","PeriodicalId":50837,"journal":{"name":"Agricultural Economics","volume":"56 1","pages":"5-26"},"PeriodicalIF":4.5000,"publicationDate":"2024-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/agec.12860","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Agricultural Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/agec.12860","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
The CO2 fertilization effect has been demonstrated to boost crop production by enhancing photosynthesis and reducing drought stress. In addition to this biological channel, there is also a behavioral margin for the CO2 fertilization effect that was previously unnoticed. I find evidence that an additional ppm of average CO2 concentration leads to increases in the corn and soybean harvested ratios of .57 and .75 percentage points, respectively. My predictions suggest that, without considering the adjustment in harvesting decision, the crop production benefits from CO2 fertilization effect would be biasedly estimated for both corn and soybeans, which broadens the understanding of farmers’ behavioral responses to environmental stimuli and extends the knowledge on how CO2 would benefit crop production.
期刊介绍：
Agricultural Economics aims to disseminate the most important research results and policy analyses in our discipline, from all regions of the world. Topical coverage ranges from consumption and nutrition to land use and the environment, at every scale of analysis from households to markets and the macro-economy. Applicable methodologies include econometric estimation and statistical hypothesis testing, optimization and simulation models, descriptive reviews and policy analyses. We particularly encourage submission of empirical work that can be replicated and tested by others.
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