We quantify the emergence of biofuel markets and its impact on world agriculture using the multimarket, multicommodity international FAPRI model. The model incorporates trade-offs between biofuel, feed, and food production and consumption and international feedback effects of the emergence...

This research analyzes spatial and temporal variation in the effects of lot size and proximity to open space on residential home values in a single Tennessee county. The findings show that the value of proximity to greenways, parks, and water bodies increased over time, while the value of lot...

A two-rate property tax (TPT) imparts different tax rates on land and structures. A hypothetical TPT is evaluated as an instrument to promote open space preservation. The potential TPT effects on open space equilibrium levels were compared with simulated equilibrium levels reflecting the TPT...