A survey was conducted of West Virginian land owners with completed, shale gas wells located on their property. The research objective was to determine if the separation of mineral from surface rights impacted satisfaction and problems with natural gas drilling. Split estate owners were found to...

Beneficial management practices (BMPs) are designed to minimize environmental impacts and provide on- and off-farm benefits such as improved farm economics and enhanced water quality for domestic consumption, recreation and healthier aquatic ecosystems. Adoption of BMPs depends on the...

This paper examines the effect of Canadian agricultural business risk management (BRM) programs on farm financial performance. Monte Carlo simulation is used to model stochastic prices and production for a representative Alberta cropping operation. Net present value (NPV) analysis is used to...

The attractiveness of agricultural land available in developing countries has markedly increased in the last few years. Driven by rising and highly volatile prices for agricul- tural commodities, large land acquisitions have been undertaken by foreign investors. We formalize the discussion...

We examine how the system of “federalism, Chinese style” functions in the context of land allocation. China’s land laws give provision of land a central role in local officials’ growth promotion strategies. Requisitions of farmland by local authorities have engendered significant rural...

We conduct models and tests to ascertain whether there are speculative bubbles and which factors contribute to the bubbles if there exits one. In the model, we use the option value to represent the investment value of farm real estate and compare the option value, calculated from dynamic...

Eurasian water-milfoil is an aquatic invasive plant that has moved rapidly through lakes across the United States. Along with being a hazard to local ecosystems, water-milfoil is a nuisance to those who use lakes for recreation, and its presence even lowers the value of lakefront properties....