The objective of this article is to address heteroscedasticity in the stochastic frontier cost function using aggregated data and verify it using a Monte Carlo study. We find that when the translog form of a stochastic frontier cost function with aggregated data is estimated, all explanatory...

This article examines the determinants of forest cover and land use efficiency in a shifting cultivation system. A conceptual model demonstrates that liquidity constraints encourage farmers to allocate more land to forest fallow and less to cultivation by limiting input purchases. Data from farm...

In the past, studies on agricultural feedstocks for energy production were motivated by rising fossil fuel prices interpreted by many as caused by resource depletion. However, today's studies are mainly motivated by concerns for climate change and global warming. Currently, most studies...

When honey bees transport pollen across citrus orchards they can increase the number of seeds in varieties that remain seedless otherwise. An increase in seeds diminishes the market value of the fruit creating an externality between seedless growers and beekeepers. This paper investigates the...

The manner in which WTP survey responses are elicited has received much attention in the nonmarket valuation literature because of the potential bias that may be introduced via alternate response formats. One issue of particular concern is that of incentive compatibility. Several studies have...

Life cycle analysis (LCA) is the standard approach used to evaluate the greenhouse gas (GHG) benefits of biofuels. However, it is increasingly recognized that LCA results do not account for some impacts including land use changes that have important implications on GHGs. Thus, an alternative...

Every year, the federal government regulates how many pounds of summer flounder (while these fish are called summer flounder, they are caught throughout the year) can be caught along the eastern seaboard. Annually, the federal government sets the total allowable landings (TAL) based on...

The development of grain-based ethanol production in Kansas has had a marked impact upon the feedgrain and livestock industries of the state. The increased focus on feedgrain production stemming from ethanol development impacts the use and sustainability of Kansas water resources, and has...

We investigate the recently advanced theory that high-technology workers are drawn to high amenity locations and then the high-technology jobs follow the workers. Using a novel data set that tracks high-technology job growth by U.S. county, we estimate spatial parameters of the response of job...

Using pooled regional time-series data and panel data estimation, we quantify the impact of monthly ethanol production on monthly retail regular gasoline prices. This analysis suggests that the growth in ethanol production has caused retail gasoline prices to be $0.29 to $0.40 per gallon lower...