This study explores the partial redirection of university extension services to the golf industry given the farmer-clientele's declining demand. Econometric results indicate that the clientele's demand depends on the golf facility's size, the managers' industry experience and the urgency of...

A proposed beach improvement project at Jekyll Island, Ga. is opposed by county residents on tax equity grounds. In addition to general revenue financing, user fees for this type of infrastructure improvement are investigated. User fees are found to be both financially and politically feasible.

An expected utility model was developed to capture the impacts of wealth, other economic, and institutional factors on irrigation acreage allocation decisions. Predicted water demand is derived from an expected utility structural model and various ARIMA models. No significant differences arise...

A two stage model describes the behavior of anglers who fish with or without a license. The proposed multinomial logit-count data model examines characteristics influencing those who fish for recreation and those who may choose to fish to supplement their food budgets. The model is estimated...

This paper envisions the national weather index as an efficient instrument to hedge the agricultural risk. The theoretical framework is established based on the partition of risk and the cost minimization. The Morocco case was applied and the result shows that the risk can be reduced to a larger...

Because of pressures to convert natural areas to commercial economic development uses, protecting natural areas in developing countries is a major challenge. A developing country may desire to protect natural areas, but relatively high out-of-pocket and opportunity costs of protection may pose...

Water shortages in important grain-producing regions of China may significantly affect China's agricultural production potential and international markets. This paper provides an overview of how water scarcity could affect China's agricultural production and trade. The paper identifies the areas...

Cost-effective targeting of conservation activities has only recently been addressed by economists. Most work to date has focused on finding the best locations to set aside land for the protection of biodiversity. An economic approach to the problem, where biodiversity reserve networks are...

Inefficient performance of irrigation systems not only leads to a waste of water resources, but may also affect agriculture production, especially in regions facing a water stress problem. In rural China, only 40% of the water allocated to irrigation is effectively used, a figure much lower than...

Since their inception, Bering Sea/Aleutian Islands (BSAI) crab fisheries have attracted participants willing to undertake great financial and personal risks to participate in these high valued fisheries. Although entry to the fisheries is limited, excess capital and overcapacity, together with...