Two potential projects in Washington are examined for their secondary impacts on the economy of the state. A major impact of these projects is to increase the energy costs to regional power consumers. After accounting for the negative impacts of rising energy costs, the long run state level...

While issues in estimating nonmarket values continue to cause concern, resource economists have more reason now than ever before to be optimistic. More progress toward improved measurement has been made in the past six years than in the previous quarter century since development of the...

Using an economic input/output model, the community personal income impacts of participating in the Conservation Reserve Program were analyzed for three rural Oregon counties. While individual farmers may benefit from participation, there may be net adverse impact on the community if the retired...

This study examines the effects that a cutback in production by Texas agricultural producers would have on the economic well-being of all producers and consumers in the stateÂ’s economy. To do this, a quadratic input-output model incorporating econometric estimates of final demand was...

Impacts of energy development on the secondary business sector of development-impacted counties are examined in a survey of seven western counties. Problems experienced by businesses in attracting and retaining qualified employees and in expanding to take advantage of growing markets are...

Experimental economics (EE) axioms are directly applied in this paper to contingent valuation method (CVM) field survey procedures. The implications of EE concepts and precepts for conceptualizing and handling potential CVM biases and framing effects also are discussed. It is concluded that EE...

This note further illuminates the strength and direction of starting point bias in iterative bidding procedures. Conflicting recent findings concerning the starting point bias phenomenon are first briefly overviewed. The hypothesis that starting values influence valuations obtained in iterative...

A dynamic system of cost-share equations for agricultural inputs is used to test for the presence of input disequilibrium. This dynamic system incorporates a disequilibrium adjustment process into input-share equations derived from a translog cost function. The disequilibrium process is...

This paper presents a hyperbolic trigonometric (HT) transformation procedure for empirically estimating a cumulative probability distribution function (cdf), from which the probability density function (pdf) can be obtained by differentiation. Maximum likelihood (ML) is the appropriate...