Agricultural and Resource Economics Research Group
Productivity and Sustainability in Food Supply Chains
An increasing global population, scarcity of natural resources, and environmental and climate constraints challenge agricultural sector. Substantial productivity improvements are required if more food and fiber is to be produced with fewer resources. In this research area, we assess Total Factor Productivity in agriculture and the food industry and identify sources and determinants of productivity growth. We also develop approaches to measure environmental trade-offs of agricultural productivity growth and costs of reducing pollution.
Contact: Dr. Raushan Bokusheva
Economics of Climate Change and Risk Management
Due to agriculture’s direct link to weather, it is one of the economic activities which is expected to be most strongly affected by climate change. In our research, we apply statistical approaches to assess the climate change impact on agriculture and to study options for adaptation and mitigation. We also study and evaluate options for reducing farm exposure to extreme weather events.
Innovation and Behavioural Aspects of Decision Making
Farm investment and innovations are essential for enhancing productivity growth and improving the economic and environmental sustainability of the agricultural sector. In this research area, we appraise the effectiveness of agricultural innovation systems and evaluate the potential of improving farmers’ access to innovations. We also seek to understand farmers’ investment and innovation decisions and determine their willingness to pay for innovative technologies. We use approaches from behavioural economics to understand and analyse decision-making processes in agri-food value chains.