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This article applies a discrete-choice equilibrium model with product differentiation to study the rural tourism industry in Israel and to jointly estimate the effect of lodging and farm characteristics on consumer preferences and firms' costs. The model accounts for heterogeneity in tastes and...
Persistent link: https://www.econbiz.de/10005291003
"We analyse rural-urban land allocation in the light of the increasing environmental role of agricultural landscapes. The landscape amenity value of farmland varies across crops and as a result affects the optimal crop mix in addition to its effect on rural-urban land allocation. Investigating...
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This study examines the optimal allocation of funds between national and urban parks. Since travel costs to national parks are significantly higher than to urban parks, poor households tend to visit the latter more frequently, whereas rich households favor the former. Therefore, allocating...
Persistent link: https://www.econbiz.de/10005330407
This paper utilizes a Ricardian model to test the relationship between annual net revenues and climate across Israeli farms. The study finds that it is important to include the amount of irrigation water available to each farm in order to measure the response of farms to climate. With irrigation...
Persistent link: https://www.econbiz.de/10005349138
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This article proposes a proactive approach for analyzing agricultural adaptation to climate change based on a structural land-use model wherein farmers maximize profit by allocating their land between crop-technology bundles. The profitability of the bundles is a function of four technological...
Persistent link: https://www.econbiz.de/10009653907