by: Ani Katchova, Associate Professor and Farm Income Enhancement Chair, Department of Agricultural, Environmental, and Development Economics, The Ohio State University Farmers deal with many stressors, most of which are out of their control: extreme weather, market changes, COVID-19, trade wars, fluctuating market…
Carbon in soils and trees: What should farmers and society worry about? Brent Sohngen, Professor of Environmental and Natural Resource Economics, Ohio State University As the US re-enters the Paris Agreement and companies all over the world work to become…
By Brent Sohngen This article ran in the Columbus Dispatch on February 13, 2021: https://www.dispatch.com/story/opinion/columns/2021/02/13/re-entering-paris-agreement-likely-reduce-pollution-cost-americans-little/4282378001/ One of the first official acts of President Joe Biden was to re-enter the Paris Agreement, that 2015 pact among most of the world’s countries to…
The following appeared in the Columbus Dispatch on November 4, 2020: https://www.dispatch.com/story/opinion/columns/2020/11/04/column-markets-and-consumers-not-president-control-oils-future/6136112002/ Brent Sohngen, AED Economics, Ohio State University For practically 150 years, oil has been at the center of the American economy. At first, it provided a source…
Dr. Ian Sheldon and Ben Brown, Assistant Professor of Professional Practice in Agricultural Risk Management, discuss COVID-19’s Impact on Commodity Markets, International Trade and the WHO.
Are the USDA forecasts rational? This is the question that AEDE’s Siddhartha Bora and Ani Katchova, together with Todd Kuethe, have answered in their recently published article in the American Journal of Agricultural Economics (AJAE). Ani Katchova is the Farm…
Drs. Yongyang Cai and Sathya Gopalakrishnan discuss the complexity of climate mitigation, the social cost of carbon and if COVID-19 is enough of a disruption to be considered a tipping point. *Be sure to click ‘watch on youtube’ and hit…
The U.S.-China trade war represents a natural experiment in the sense that we have not seen such wide-ranging increases in tariffs since the 1930s, when Congress passed the Smoot-Hawley Tariff Act (Bown and Zhang, 2019). Not surprisingly, applied trade economists…
Analysis of the current administration’s trade policy choices has typically interpreted them in terms of a zero-sum game, i.e., rather than generating mutual benefits in a positive-sum game, international trade is a game where economically, one country is a winner…
In light of the sectors targeted by China’s retaliatory tariffs against U.S. imports, it is not surprising that agriculture was a critical component of the Phase One Trade Agreement between the U.S. and China, that went into effect on February…
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