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Agricultural land often yields significant amenity benefits that may not be reflected in the prevailing allocation of land between agricultural and nonagricultural uses. This paper introduces a simple supply-demand model that incorporates these benefits in the determination of optimal land...
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Both stationary and mobile sources are major contributors to many air quality problems. Typically, regulators have more control over total emissions from stationary sources, but only control emissions per vehicle mile from mobile sources, taking total vehicle miles of travel (VMT) as given. A...
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This article investigates the impacts of private labels (PLs) on fluid milk prices and price differentials using 2,759 supermarket-level observations from 10 cities. Non-parametric results reveal that although PL milk prices decrease as PL milk shares expand, eventually the effect is to increase...
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