{"title":"Can Interlinked Credit and Insurance Contracts Boost Farmers' Adoption of Improved Rice Varieties? Field Experimental Evidence from China","authors":"Haixia Wu, Yan Ge, Jianping Li","doi":"10.1111/1467-8489.70002","DOIUrl":"https://doi.org/10.1111/1467-8489.70002","url":null,"abstract":"<div>\u0000 \u0000 <p>Based on microdata from field experiments collected in Hunan and Sichuan Provinces, this study employs the probit model and mediating effect model in field experiments to evaluate the impact of interlinked credit and insurance contracts (ICIC) on farmers' adoption of improved rice varieties. The results show that ICIC has a significantly positive impact on farmers' adoption of improved rice varieties. It can promote the adoption of improved rice varieties by alleviating farmers' risk aversion and credit constraint, which account for 18.01% and 21.03% of the total effect of ICIC on farmers' adoption of rice varieties, respectively. To an extent, the ICIC's effect on farmers' adoption of improved rice varieties is influenced by household income and motivation for planting rice. This interplay between collateral and the characteristic of credit–insurance interlinkage has direct and essential implications for the design of programmes to simultaneously enhance the adoption of innovative agricultural technologies. Meanwhile, this research provides microfoundations and policy recommendations for household technological adoption in rural China and provides insights on how the government can formulate relevant policies to promote innovative technological extension.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"701-716"},"PeriodicalIF":2.6,"publicationDate":"2025-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Exposure of Australia's Housing Stock to Climate Risks","authors":"Trinh Le, Daniel Melser, Ummul Ruthbah","doi":"10.1111/1467-8489.70037","DOIUrl":"https://doi.org/10.1111/1467-8489.70037","url":null,"abstract":"<p>Climate change has significantly influenced the intensity and frequency of extreme weather events impacting the globe, including Australia. This has implications for various sectors, including the housing market. Utilising postcode-level climate risk data—including for cyclones, floods, heatwaves, water stress, and wildfires—and data from the 2006, 2011, 2016, and 2021 censuses, we examine the susceptibility of Australia's stock to such hazards. Our investigation focuses on three main questions. First, we try to understand how the exposure of the housing sector to different climate hazards is dispersed geographically and how the vulnerability to extreme weather events evolved over time. Second, we investigate the extent to which the location of new homes throughout this period has raised or lowered the vulnerability of the housing stock. Third, we outline the historical trajectory of the housing sector's climate susceptibility and use our data to estimate how this is likely to evolve out to 2100. Our analysis reveals that the Australian housing stock displays pronounced susceptibility to water stress, moderate vulnerability to wildfires, and slight susceptibility to floods, cyclones and heatwaves. Furthermore, our findings indicate that growth in the Australian housing stock shows a negative correlation with the risk posed by heatwaves and the anticipated shifts in wildfire risk, whereas it exhibits no discernible association with other hazards.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"510-525"},"PeriodicalIF":2.6,"publicationDate":"2025-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70037","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681377","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Sources of Slow Declines in Agricultural Nutrient Leakage: Evidence From Sweden","authors":"Julia Wahtra, Holger Johnsson","doi":"10.1111/1467-8489.70035","DOIUrl":"https://doi.org/10.1111/1467-8489.70035","url":null,"abstract":"<p>We apply index decomposition methods to decompose nitrogen and phosphorus leakage trends from Swedish arable land. The results show considerable heterogeneity; changes in nutrient pollution coefficients (kg leakage/SEK of crop value produced) and crop rotations caused leakage to increase in some areas and decrease in others. Crucially, we find only modest pollution-decreasing technique effects, mainly driven by increased yields rather than reductions in per-hectare nutrient leakage. We argue that lax regulation of agricultural pollutants is one determining factor behind these results. Despite an increased focus on environmental considerations in agricultural policy, the cost of emitting has remained low.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"611-624"},"PeriodicalIF":2.6,"publicationDate":"2025-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70035","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Is There a ‘Price’ to Pay for Agricultural TFP Measurement? Limitations of the Distance Function Approach","authors":"Xinpeng Xu, Yu Sheng, Eldon Ball","doi":"10.1111/1467-8489.70033","DOIUrl":"https://doi.org/10.1111/1467-8489.70033","url":null,"abstract":"<div>\u0000 \u0000 <p>Cross-country comparisons of agricultural total factor productivity (TFP) diverge markedly depending on method: superlative indices (e.g., Törnqvist) leverage price and quantity data, while quantity-only indices (e.g., Malmquist) rely solely on quantities, yielding inconsistent estimates. We theoretically demonstrate that this disparity stems from measurement errors in the quantity-only approach's implicit shadow prices, which deviate substantially from market prices employed by superlative methods, introducing noise and bias. Utilising a novel, cross-country consistent dataset of agricultural production accounts for the United States, Canada and Australia (1961–2006), we empirically affirm that the superlative index consistently outperforms its quantity-only counterpart in accuracy and aggregation stability across scales. This superiority, rooted in price data's capacity to reflect economic realities (e.g., input cost shifts), underscores the critical need for comprehensive price information in international productivity assessments. Our findings offer actionable guidance for agricultural economists and policymakers prioritising robust TFP metrics.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"662-673"},"PeriodicalIF":2.6,"publicationDate":"2025-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Consumer Demand for Sustainably Produced Shrimp","authors":"Bui Bich Xuan, Erlend Dancke Sandorf, Quach Thi Khanh Ngoc, Truong Ngoc Phong","doi":"10.1111/1467-8489.70039","DOIUrl":"https://doi.org/10.1111/1467-8489.70039","url":null,"abstract":"<div>\u0000 \u0000 <p>Global fish consumption has increased substantially over the past six decades, with aquaculture surpassing wild catches in 2022. This growth has raised concerns about environmental sustainability and food safety, prompting the use of eco-labels to inform consumers about sustainable practices. This study employed a discrete-continuous choice experiment method to investigate consumer demand for sustainably produced shrimp in Vietnam, focusing on the influence of eco-labels on purchase decisions. The results indicate a positive demand for farmed shrimp, with a stronger preference for sustainably produced shrimp compared to conventionally produced shrimp. Among various certifications, shrimp labelled with the national certification logo (VietGAP) exhibited the highest consumer demand, likely due to greater familiarity. However, the study also reveals generally low consumer awareness and understanding of sustainability labels. Socio-demographic factors significantly affect shrimp purchasing. Men purchase shrimp less frequently but in larger quantities, particularly unlabelled shrimp; university-educated consumers are less likely to purchase farmed shrimp, except for the eco-friendly Naturland-labelled option; and higher income correlates with increasing shrimp consumption and lower price sensitivity. These findings suggest a viable market for sustainably produced shrimp in Vietnam, which could be further expanded by enhancing consumer education about sustainability logos. Consequently, consumer education and information campaigns about sustainability labels could play a crucial role in promoting sustainable aquaculture practices and increasing demand for eco-labelled products, thereby facilitating the transition to sustainable aquaculture production in Vietnam.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"526-539"},"PeriodicalIF":2.6,"publicationDate":"2025-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of Agricultural Fires: An Aggregative Games Approach","authors":"Wilfredo L. Maldonado, Jessica A. Barbosa","doi":"10.1111/1467-8489.70032","DOIUrl":"https://doi.org/10.1111/1467-8489.70032","url":null,"abstract":"<div>\u0000 \u0000 <p>The effects of deforestation caused by land fires used by farmers (especially smallholders) are twofold. From the individual (farmer) perspective, these burnings contribute to land preparation and improve fertility. On the other hand, at an aggregate level, these practices harm air and water quality, degrade the environment and as a consequence negatively impact land productivity. In this work, we present an aggregative game framework that incorporates these effects, enabling us to analyse how variations in fire costs and the number of farmers—key determinants of agricultural fires—affect the total deforested area. We also demonstrate the pervasive cross-effect of fines imposed on a farmer (or group of farmers) on the burning decisions of others. Additionally, we prove the existence of an inverted U-shaped relationship between fines applied for land fires and total sector production, which allows us to identify an optimal fine value that maximises total output. Finally, using data from Brazilian research institutes, we test the sign and magnitude of the impacts of these determinants on aggregate deforestation in Brazil's Legal Amazon for the period 2008–2021.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"556-565"},"PeriodicalIF":2.6,"publicationDate":"2025-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ronald Roy (‘Roley’) Piggott (1945–2014)","authors":"Garry Griffith, Vic Wright","doi":"10.1111/1467-8489.70040","DOIUrl":"https://doi.org/10.1111/1467-8489.70040","url":null,"abstract":"","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"732-733"},"PeriodicalIF":2.6,"publicationDate":"2025-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681421","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Local Economic Impacts of an Unconventional Energy Boom: A Long-Term Evaluation","authors":"David A. Fleming-Muñoz, Lavinia Poruschi","doi":"10.1111/1467-8489.70031","DOIUrl":"https://doi.org/10.1111/1467-8489.70031","url":null,"abstract":"<p>The extensive development of the onshore gas industry in Southern Queensland over the past two decades has been an unprecedented event in Australia, positioning the country as a global leader in natural gas exports. This boom has also profoundly reshaped the economic landscapes of extraction regions, particularly across the Surat and Bowen Basins. Contributing to the limited literature on its socioeconomic impacts, this paper examines the industry's long-term effects by analysing economic data from 2011 to 2021 and comparing it with trends from the preceding decade. While the initial gas boom (2001–2011) drove income growth and employment, our findings indicate that economic benefits in the following decade have been lower. Mining employment declined as operations became less labour-intensive, while income growth in extraction regions has not been particularly better than in other regions in the state. Additionally, we find no significant spillover effects on other sectors, underscoring constraints on broader economic diversification. Agriculture, particularly in the Surat Basin, has remained persistently less significant to local economies than pre-boom levels, with a lower capacity to generate employment. Understanding these trade-offs is essential, as regional prosperity hinges on the ability of non-extractive industries and communities to adapt post-boom. Long-term evaluations such as this are critical to tracking regional economic transitions and assessing the lasting impacts of industry development, informing policy strategies that balance economic benefits with environmental and social costs.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"501-509"},"PeriodicalIF":2.6,"publicationDate":"2025-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70031","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Understanding Farmers' Policy Preferences for Solar-Powered Irrigation Systems in Karnataka, India: A Choice Experiment Approach","authors":"Aditya Korekallu Srinivasa, Dagmar Mithöfer","doi":"10.1111/1467-8489.70024","DOIUrl":"https://doi.org/10.1111/1467-8489.70024","url":null,"abstract":"<p>Solar-Powered Irrigation Systems (SPIS) are an important component of India's effort towards sustainable energy transition and are promoted with financial support under the PM-KUSUM program. In spite of the promise and the policy push, adoption of SPIS has been low. In this paper, we use a Discrete Choice Experiment (DCE) to evaluate the policy attributes in the promotion of SPIS. We selected five attributes of SPIS: cost of the pump; terms of the loan; grid connection; service provision (repair services); and multiple uses of energy (generated from solar panels) with different levels for each attribute. D-efficient, non-zero prior design was used to design the choice combinations used in the study. The data was collected from 500 farmers randomly chosen from 31 villages across Mysore district, Karnataka, India, and analysed using the random parameter logit model. For a nuanced interpretation and contextualisation of the results, we conducted follow-up qualitative interviews. The results highlight that farmer preferences, indicated by the highest part worth, are for a loan with a longer repayment period (WTP of US$ 1905), followed by guaranteed service provision for 10 years (WTP of US$ 1498). Given that SPIS is a new technology with high initial investment, easing liquidity constraints and assuring farmers of guaranteed repair services are strong incentives to adopt it. These findings can be incorporated into existing policies so that they align well with farmers' preferences.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"584-597"},"PeriodicalIF":2.6,"publicationDate":"2025-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70024","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144680991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Right Tree in the Right Place: Why Are Urban Tree Targets in Australia Harder Than They Seem?","authors":"Sorada Tapsuwan","doi":"10.1111/1467-8489.70038","DOIUrl":"https://doi.org/10.1111/1467-8489.70038","url":null,"abstract":"<p>Urban trees are universally praised for their cooling effects, biodiversity benefits and contributions to human well-being. Yet, despite widespread enthusiasm about greener cities, tree-planting initiatives in Australia often encounter surprising resistance. Residents who advocate for more urban canopy might baulk when a tree is planted outside their own home because of concerns for fallen leaves, root damage, blocked views or losing a parking space. At a policy level, the challenge is even greater: ensuring trees are planted in the right locations, thrive in changing climates and do not create unforeseen economic or environmental trade-offs. In this article, I will discuss the challenges of achieving urban tree canopy targets, including the economic, environmental and social trade-offs that city planners must navigate.</p><p><b>JEL Classification:</b> Q57, Q23, R52</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 3","pages":"479-483"},"PeriodicalIF":2.6,"publicationDate":"2025-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70038","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144681127","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}