Showing 1 - 10 of 153
Many important problems in agricultural and natural resource economics concern an intertemporal choice between alternate dynamic systems. This significance has motivated a theoretical literature generalizing the necessary conditions of Optimal Control Theory to multiple-phase problems. However,...
Persistent link: https://www.econbiz.de/10004991681
Ethylene treatments provide an effective method for shortening post-harvest ripening periods for winter Anjou pears and allow market availability throughout the year. However, pear quality may vary under different treatments. A sensory experiment and a consumer survey including questions that...
Persistent link: https://www.econbiz.de/10008508934
Invasive insect species represent perhaps one of the most significant potential sources of economic risk to U.S. agricultural production. Private control of invasive insect species is likely to be insufficient due to negative externality and weaker-link public good problems. In this study, we...
Persistent link: https://www.econbiz.de/10008802888
The value of maintaining a minimum streamflow objective on average is lessened when there is considerable dispersion around the average. An integrated economic and hydrology model is presented which provides water policy planners with a way to accurately measure both the economic cost and...
Persistent link: https://www.econbiz.de/10005525390
Conventional wisdom implies that high discount rates accelerate depletion of tropical forests. As shown in this article, this result does not necessarily hold in a two-state variable model that distinguishes between primary and secondary forest stocks. In the context of a fixed concession period...
Persistent link: https://www.econbiz.de/10005525405
Fires are an important and natural component of forest ecosystems that affect the timber value of forests, and thus optimal rotations. Fire also affects amenity values provided by forests. This analysis examines the relationships among forest fire risk, timber values, and amenity values in a...
Persistent link: https://www.econbiz.de/10005525406
A model of recreation demand is developed to determine the role of water levels in determining participation at and frequency of trips taken to various federal reservoirs and rivers in the Columbia River Basin. Contingent behavior data are required to break the near-perfect multicollinearities...
Persistent link: https://www.econbiz.de/10005525415
A computable general equilibrium model of the southeastern Colorado economy is used to compare the economic impacts of a proposed increase in reservoir storage to an alternative: temporary water transfers. While both provide municipalities with reliable water supply during droughts and are shown...
Persistent link: https://www.econbiz.de/10005525421
Several papers have now estimated the impact of climate change on national timber markets, but few studies have measured impacts globally. Further, the literature on impacts has focused heavily on changes in productivity and has not integrated movements of biomes as well. Here, a dynamic model...
Persistent link: https://www.econbiz.de/10005525455
An important consideration in managing fire-prone forests is the intertemporal impacts of forest fires. This analysis examines these impacts in a forest recreation setting by fitting a combined stated and revealed data set to explicitly model the effects of forest regrowth following a fire on...
Persistent link: https://www.econbiz.de/10005525456