University of California, Riverside

Faculty Profile System



Bruce Babcock


Bruce Babcock

Professor

School of Public Policy


bruce.babcock@ucr.edu

Research Areas

  • Agricultural production economics
  • Food and agricultural policy
  • Technology adoption

Degrees

  • Ph.D. University of California, Berkeley, 1987
  • M.S. University of California, Davis, 1981
  • B.S. University of California, Davis, 1980

Biography

Bruce Babcock is a Professor in the School of Public Policy at the University of California, Riverside. Professor Babcock’s research expertise includes understanding how price and production risk impacts farm production decisions and the impacts of food and agricultural policies on growers, consumers, and taxpayers. Representative recent research projects include understanding how the Renewable Fuel Standard has impacted food prices and land use decisions; how extreme heat impacts crop yields; how prospect theory offers explanations for crop insurance decisions; and consumer demand for high ethanol fuels such as E85. Professor Babcock is a Fellow of the Agricultural and Applied Economics Association and has won numerous awards for his applied policy research. He has published more than 90 journal articles. Before joining the School of Public Policy, he was a Professor of Economics at Iowa State University where he directed the Center for Agricultural and Rural Development from 1998 to 2011 and the Biobased Industry Center from 2012 to 2017. Professor Babcock received his Ph.D. in Agricultural and Resource Economics from UC Berkeley and Masters and Bachelors degrees from UC Davis.

View Bruce Babcock's CV

Publications

Selected Publications

  • Zhou, W. and B.A. Babcock. 2017. “Using the competitive storage model to estimate the impact of ethanol and fueling investment on corn prices.” Energy Economicshttps://doi.org/10.1016/j.eneco.2016.12.017.

  • Pouliot, S., and B.A. Babcock. “Compliance Path and Impact of Ethanol Mandates on Retail Fuel Market in the Short Run.” American Journal of Agricultural Economics, doi: 10.1093/ajae/aav071.

  • Anderson, C., B. Babcock, P. Gassman, Y. Peng, T. Campbell. “Placing Bounds on Extreme Temperature Response of Maize" Environmental Research Letters 10(2015):124001.

  • Babcock, BA. “Explaining Anomalous Crop Insurance Purchase Decisions Using Prospect Theory.” American Journal of Agricultural Economics 27(2015):1371-85.

  • Babcock, B.A. “Extensive and Intensive Agricultural Supply Response.” Annual Review of Resource Economics.” 7(2015):333-48.

  • Pouliot, S. and B.A. Babcock. “The Demand for E85: Geographical Location and Retail Capacity Constraints.” Energy Economics 45(2014):134-143.

  • Babcock, B.A. “Welfare Effects of PLC, ARC and SCO.” Choices, 3rd quarter. 2014.

  • Rubin, O., and B.A. Babcock. “The Impact of Expansion of Wind Power Capacity and Pricing Methods on the Efficiency of Deregulated Electricity Markets.” Energy 59 (2013):676-688.

 
 

More Information 

General Campus Information

University of California, Riverside
900 University Ave.
Riverside, CA 92521
Tel: (951) 827-1012

Department Information

School of Public Policy
4133 CHASS Interdisciplinary South

Tel: (951) 827-5564
Fax:
E-mail: spp-dean@ucr.edu
 
 

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Last Modified: 7/21/17