Online surveys have emerged as low-cost data collection approach in empirical researches; however, the validity of data remains questionable. Therefore, we employed a stochastic frontier estimation method to calibrate online recreational expenditure. Study results suggested the presence of...

We used poisson and negative binomial models to estimate future demand of recreation trips to a closed site using internet and intercept surveys. Parameter estimates were validated using 1,000 bootstrap replications. Result indicated a significant negative impact of travel time and positive...

Economic incentives or disincentives play a major role on encouraging producers to implement environmentally benign production practices. We evaluated producers’ willingness to pay (WTP) value to represent the level of disincentives that motivate farmers to mitigate nutrient pollution. The...

Nutrient runoff from agricultural land can be reduced through production termination to mitigate water pollution. The willingness to accept value to terminate the broiler production is evaluated using sample selection model. The result showed a positive relationship between the decision to...

A structural time series methodology was used to examine the role of stochastic trend and seasonality in dairy supply response model. In our analysis, the dairy supply model with stochastic seasonality and deterministic trend performs best in terms of diagnostic tests, goodness-of-fit measures,...

A cost minimization model was used to find the minimum cost and environmental friendly management practices(MCEFMP). Use of MCEFMP in cattle production seems to be the most cost effective means of reducing water pollution with a marginal cost of $1200 in comparison to use of MCEFMP on other...

There exist conflicting views among the researchers about the magnitudes of US cotton export demand elasticity, ranging from the highly inelastic to highly elastic. An Armington model was used to analyze the export demand elasticity of US Cotton. Our analysis confirms an elastic nature of US...

One of the challenges in estimating economic impacts of recreational activity and natural resource use is collecting survey data when the underlying population is not perfectly known. We combine bootstrapping techniques with input output analysis to estimate impacts from recreational activity at...

A visitor’s decision to use a particular recreational site is influenced by the individual’s taste as well as the characteristics of the site. For this reason, improved knowledge of the visitors’ interests and factors influencing their choices are vital for both planning and...

The income capitalization approach is used, based on expenditure and nonmarket values collected from travel-cost and contingent valuation methodologies, to measure the feasibility of running a self-sustaining recreational site in coastal Louisiana. Through Internet and intercept surveys, a total...