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This paper assesses the impact of nutrient prices on nutrient concentrations in agricultural watersheds. Specifically, we find that the price elasticity of nutrient emissions from agricultural watersheds is −0.17 to −0.34, suggesting that a 10% increase in nitrogen or phosphorus prices faced...
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We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general...
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The rapid change in the character of land use in traditional agricultural regions of the Midwest has led to public concern in recent years. As a result, policy makers have attempted to forge novel ways to cope with problems associated with loss of farmland and the encroachment of urban/suburban...
Persistent link: https://www.econbiz.de/10005320409
There is widespread concern among environmental and agricultural interest that land use change will affect the future productivity of the agricultural industry by utilizing highly productive land for development. This paper considers the links between land use change and crop choices in order to...
Persistent link: https://www.econbiz.de/10005327347
This research explores how recreational values change over time. Hedonic functions linking travel costs to site amenities are estimated using data on nearly 70,000 visitors to Ohio State Parks from 1997 to 2002. The results suggest substantial changes in recreational values over time. Effects...
Persistent link: https://www.econbiz.de/10005338281
This study explores how property taxes affect the timing of development. The theoretical literature suggests that higher taxes increase the time to development, although there is some disagreement in the literature. We present a simple theoretical model to motivate an empirical model that...
Persistent link: https://www.econbiz.de/10005338990