This paper assesses the impact of nutrient prices on nutrient concentrations in agricultural watersheds. Specifically, we find that the price elasticity of nutrient emissions from agricultural watersheds is −0.17 to −0.34, suggesting that a 10% increase in nitrogen or phosphorus prices faced...

This paper offers an overview of U.S. farm real estate markets. Major uses of land, location of farm real estate, and ownership patterns are summarized. Characteristics of participants in farm real markets are reviewed. Farm real estate values and rents examined, and factors affecting farm real...

The growth of the urban fringe is widespread throughout the United States, and is impacting many parts of the economy. Agriculture is of particular concern since fringe growth involves low-density development, and consumes a great deal of land relative to suburbanization. The impact of fringe...

This paper reports an analysis of student evaluation of and performance in three agricultural economics classes offered at distance by audio-visual connection in real time. Multiple regression analyses of student questionnaire data are used to examine the relationship between student attributes...

Spatial econometric methods are used to investigate whether land use changes in one county are affected by changes in surrounding counties. Spatial dependence is hypothesized to arise from land substitution effects among neighboring counties. The estimation uses data on land use change for 1,055...

Federal legislation mandates substantial reduction of air pollution emissions from electric utilities. Utilities in Appalachia that use locally mined high-sulfur coal must choose among abatement options such as fuel mixing and smokestack scrubbing technologies. Wet scrubbers are the most...

"An emerging theory, real option pricing, suggests that an important component of urban fringe farmland values may be the option value arising from nearby urban development. This new option pricing theory, as opposed to its standard conventional counterpart in finance, incorporates both the...