This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the analysis of different policy scenarios in a derived neoclassical adjustment cost framework. The theoretical model is an optimal dynamic investment model, in which the upper bound on...

Agriculture, forestry and other land use (AFOLU) represent 22% of global greenhouse gas emissions. To meet the objectives of the Paris Agreement, the AFOLU sector greenhouse gases must be dramatically reduced and eventually transformed to net negative CO2e within this century. The...