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Economics

Soy kits provide earning power for women entrepreneurs in Malawi

URBANA, Ill. – Women’s ability to work as entrepreneurs can help alleviate poverty and malnutrition in developing countries. As local governments and development organizations aim to encourage business opportunities, it’s important to identify projects suited for women’s lives in rural households.

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Agricultural trade across US states can mitigate economic impacts of climate change

URBANA, Ill. – Agricultural producers deal firsthand with changing weather conditions, and extreme events such as drought or flooding can impact their productivity and profit. Climate change models project such events will occur more often in the future. But studies of the economic consequences of weather and climate on agriculture typically focus on local impacts only.

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How climate change affects Colombia’s coffee production

URBANA, Ill. ­– If your day started with a cup of coffee, there’s a good chance your morning brew came from Colombia. Home to some of the finest Arabica beans, the country is the world’s third largest coffee producer. Climate change poses new challenges to coffee production in Colombia, as it does to agricultural production anywhere in the world, but a new University of Illinois study shows effects vary widely depending on where the coffee beans grow.

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Clean Power Plan repeal had economic and environmental consequences

URBANA, Ill. – The Obama administration introduced the Clean Power Plan (CPP) in 2015 to significantly reduce carbon emissions from the U.S. electricity sector. However, the Trump administration repealed the CPP in 2016, claiming the costs to energy production outweighed the environmental benefits.

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farmdocDAILY celebrates 10 years of providing farm business analysis online

URBANA, Ill. ­– For a decade, agricultural professionals in Illinois and beyond have had a trusted online source for daily analysis and information. farmdocDAILY, part of the University of Illinois farmdoc project, is celebrating its 10-year anniversary on March 17.

And to mark this occasion, the farmdoc team will be releasing its list of the all-time top 20 articles.

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How housing discrimination affects environmental inequality

URBANA, Ill. ­– Economists and urban planners generally agree that local pollution sources disproportionally impact racial minorities in the U.S. The reasons for this are largely unclear, but a University of Illinois study provides new insights into the issue. 

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New research identifies the most important global supply chain linkages

URBANA, Ill. ­– In today’s global economy, production of goods depends on inputs from many trade partners around the world. Companies and governments need a deeper understanding of the global value chain to reduce costs, maintain a profitable production system, and anticipate ripple effects of disruptions in the supply chain.

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Life lessons multiply for financial planning power team

URBANA, Ill. – Financial planning students get to hone their skills and gain valuable experience in real-life simulations through industry competitions.

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Tanzania farmers distrust fertilizer quality, are less willing to pay for it

URBANA, Ill.  – Smallholder farmers in Sub-Saharan Africa use fertilizer well below recommended rates, contributing to consistently low agricultural productivity. Farmers in Tanzania and Kenya, for example, apply just 13 kilograms of fertilizer per hectare, compared with 165 to 175 kilograms in India and Brazil. Low use directly affects cereal yields, which average 1.2 to 1.7 metric tons per hectare, compared to 4 to 4.5 metric tons in South America and Asia.

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Hiring foreign nurses does not hurt US nursing jobs, study shows

URBANA, Ill. – An aging U.S. population is rapidly increasing the demand for nursing care. The number of U.S. citizens aged 65 and over is expected to almost double from 43.1 million in 2012 to 87.5 million by 2050, while the workforce is shrinking. The COVID-19 pandemic has further exacerbated the need for health care professionals.

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