Ozone Pollution and Farm Profits in England and Wales

Journal article | Zeitschriftenartikel

Tropospheric ozone is an air pollutant known to adversely affect crop yields across Europe. Experimental work is underway to quantify yield effects at ambient ozone levels for a number of crops. In this paper, we undertake direct, farm-level evaluation of the impact of ozone by estimating a multi-output profit function using a panel dataset of cereal farms in England and Wales. A system of equations, comprising the profit function, input and output share equations is estimated using a fixed-effects seemingly unrelated regression technique, with ozone as a quasi-fixed input. Estimated parameters are used to calculate tropospheric ozone-related profit and output supply elasticities. The main findings from the profit function show that a 10% increase in average ozone levels would decrease variable profits by 1.3% and wheat output supply by 1%. These results are of a significantly lower magnitude, but qualitatively consistent with findings from similar studies carried out in North America.

Angaben zum Objekt

• ISSN: 1466-4283
• Umfang: Seite(n): 2449-2458
• Sprache: Englisch
• Anmerkungen: Status: Postprint; begutachtet (peer reviewed)

Verweise und Beziehungen

• Erschienen in: Applied Economics, 42(19)

Klassifikation und Themen

• Thema: Wirtschaft ; Naturwissenschaften ; Naturwissenschaften, Technik(wissenschaften), angewandte Wissenschaften ; Wirtschaftssektoren

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Neeliah, Harris ; Shankar, Bhavani
• Ereignis: Veröffentlichung
• (wann): 2009

Weitere Informationen

• DOI: https://doi.org/10.1080/00036840701858158
• URN: urn:nbn:de:0168-ssoar-242651
• Rechteinformation: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Letzte Aktualisierung: 21.06.2024, 16:27 MESZ