Severin Henzmann

Dec 7, 2023 | aaea.org | David Wuepper |Robert P. Finger |Severin Henzmann

1 INTRODUCTION A characterizing feature of agricultural production is long delay between investments and potential returns (e.g., Sunding & Zilberman, 2001). For example, many benefits resulting from the adoption of new and more sustainable farming practices only materialize fully over longer time horizons (Mao et al., 2021, Wuepper, 2020).

Dec 7, 2023 | onlinelibrary.wiley.com | David Wuepper |Severin Henzmann |Robert P. Finger

1 INTRODUCTION A characterizing feature of agricultural production is long delay between investments and potential returns (e.g., Sunding & Zilberman, 2001). For example, many benefits resulting from the adoption of new and more sustainable farming practices only materialize fully over longer time horizons (Mao et al., 2021, Wuepper, 2020).