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We examine how much on-farm reservoirs can increase groundwater quantity and improve surface water quality using a spatial-dynamic model of farm profit maximization in the Arkansas Delta. Sensitivity analysis of the farm profit objective by including the value of surface water quality and the...
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In this study we apply a spatial conditional logit model to determine factors influencing land cover change in three contiguous counties in West Georgia between 1992 and 2001 using point (pixel) based observations of land characteristics. We found that accessibility to population and population...
Persistent link: https://www.econbiz.de/10004973997
Search theory is used to present a theoretically defensible model to examine the effectiveness of use value assessment (UVA) in preserving farmland. The model is empirically tractable and supports the findings of past research. The analysis considers the impact of farm income, uncertainty, and...
Persistent link: https://www.econbiz.de/10005801856
This study compares an ordered probit model and a Tobit model with selection to take into account both true zero and protest zero bids while estimating the willingness to pay (WTP) for conservation easements in Macon County, NC. By comparing the two models, the ordered/unordered selection issue...
Persistent link: https://www.econbiz.de/10005801890
The forest and agriculture sectors are linked by having a portion of their land bases suitable for use in either sector. A substantial part of the southern land base is suitable for either forestry or agriculture use, with most of forestation on U.S. agriculture land in the South. We examine how...
Persistent link: https://www.econbiz.de/10005801906
Land use changes and timberland use by ownership and forest type in Alabama and Georgia between 1972 and 2000 are analyzed using a modified multinomial logit approach. Low average land quality, federal cost-share incentives, and favorable returns to forestry relative to agriculture were the main...
Persistent link: https://www.econbiz.de/10005801924