作者：MENDELSOHN, R; NORDHAUS, WD; SHAW, D
作者单位：Yale University; Yale University; Academia Sinica - Taiwan
摘要：We measure the economic impact of climate on land prices. Using cross-sectional data on climate, farmland prices, and other economic and geophysical data for almost 3,000 counties in the United States, we find that higher temperatures in all seasons except autumn reduce average farm values, while more precipitation outside of autumn increases farm values. Applying the model to a global-warming scenario shows a significantly lower estimated impact of global warming on U.S. agriculture than the ...
作者：HELLIWELL, JF
作者单位：Harvard University; University of British Columbia
作者：YANG, XK; HEIJDRA, BJ
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
作者：ALSTON, LJ; FERRIE, JP
作者单位：Northwestern University; National Bureau of Economic Research
摘要：We examine paternalism as an implicit contract in which workers trade faithful service for nonmarket goods. Paternalism reduced monitoring and turnover costs in cotton cultivation in the U.S. South until the mechanization of the cotton harvest in the 1950's. Until then, the effectiveness of paternalism was threatened by government programs that could have substituted for paternalism; but large Southern landowners had the political power to prevent the appearance of such programs in the South. ...
