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Dynamic Selection and the Puzzle of Slow Climate Change Adaptation in U.S. Agriculture

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NBER2026-02-01 更新2026-02-07 收录
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Long-run studies of agricultural productivity use balanced county-level panel data to document slow adaptation to climate change in U.S. agriculture. We revisit this treatment-effect puzzle using a selection model that incorporates the optimizing behavior of heterogeneous farmers. Using data from

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2026-02-01
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