The effect of proximity to different types of parks on housing prices is estimated using a unique data set of single family homes sold between 1990 and 1999 in Greenville, South Carolina. The value of park proximity is found to vary with respect to park size and amenities, as well as household...

A three-equation partially-recursive econometric model is specified linking consumer awareness, beliefs, attitude, and dietary behaviors. The results show that older, better educated and higher income households are more likely to meet five-a-day servings of fruits and vegetables than those who...

This paper examines growth in the U.S. agricultural sector under the conditions hypothesized by endogenous growth theory. Public capital and R&D are explicitly considered to capture the effects of public inputs in a model based on dynamic duality theory. Results support some necessary conditions...

This paper presents an econometric estimate of the effect of adopting organic tomatoes on yields, revenues, and farm profits. The model accounts for self-selection, simultaneity, and is theoretically consistent. Data are obtained from USDA=s 1998 survey, which for the first time provides data on...

This research focuses on developing a biannual net revenue forecasting model for hog producers based on Monte Carlo simulation of the joint distribution of hog, corn and soybean meal price series. The relative forecasting power of historical volatility, implied volatility and GARCH-based...

The United States embarked on a policy assuming excess demands for commodities are elastic. Some analysts question the success of that policy and argue that excess demands for farm commodities are inelastic. The controversy is deepened because the two traditional techniques for determining...

The concept of and evidence for benefit capture are explored in a benefit cost analysis of selected water quality and infrastructure improvements in the Muskingum River corridor of South Eastern Ohio. Property tax revenues and CVM bid functions are estimated and implications for benefit capture...

This paper examines the welfare and labor force participation of families potentially eligible for the new Temporary Assistance for Needy Families (TANF) program. Higher wage rates and lower TANF benefits decrease the probability of welfare participation. For these families labor supply is...

The state of Minnesota seeks to reduce phosphorus loading to the Minnesota River by 40% from current levels. The state agency charged with achieving this reduction has indicated each watershed should reduce its current phosphorus loading by 40%. We hypothesized that policies targeting specific...

Repeat borrowing is critical for the long-term financial viability of microfinance institutions (MFIs), which provide financial services to low-income households in developing countries. Repeat borrowers reduce MFI administrative costs, lower risks, and increase institutional productivity. In...