The Short-and Long-Term Costs of a Severe Drought on Retail Peanut Butter Prices and Consumers
This article investigates the short-and long-Term costs of an extreme weather event on retail food prices and consumer expenditures. We utilize the 2011 severe peanut drought as a quasi-natural experiment and find that retail peanut butter prices increased 21.3% as a result of the drought-driven sho...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Cambridge University Press
2021
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |