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Drought Exposure and the Livestock Forage Disaster Program: Impacts on U.S. Cattle Populations
by Helena Kagan Abstract This paper examines the impacts of drought conditions, as defined by the U.S. Drought Monitor (USDM), on U.S. beef cattle inventories between 2000 and 2023. Using a county-level panel dataset and fixed effects models that exploit geographical and time variation in drought exposure, we estimate how additional weeks of various drought […]