This paper investigates the Philippine government's price stabilization policy for rice. Seemingly unrelated regressions are used to examine the effectiveness of the program at regional and national levels over a 21-year period (January 1983 to December 2003). Results of the regional analysis...

We investigate the Philippine government's price stabilization policy for rice. Seemingly Unrelated Regressions are used to examine the effectiveness of the program at regional and national levels over a 21-year period (January 1983 to December 2003). Results of the regional analysis indicate...

We investigate the Philippine government's price stabilization policy for rice. Seemingly Unrelated Regressions are used to examine the effectiveness of the program at regional and national levels over a 21-year period (January 1983 to December 2003). Results of the regional analysis indicate...

Understanding the economic value of avoided soil erosion in New Zealand is an important factor in policy decision making enabling the acknowledgement of the costs of erosion to the economy. This paper focuses on potential for afforestation to mitigate erosion risks on marginal agricultural hill...

Planted forests are increasingly recognised for the provision of habitats for species threatened with extinction. Despite this development, a limited number of empirical studies have been undertaken to estimate the economic value of this ecosystem service. New Zealand's planted forests provide...

New Zealand's biodiversity consists of over 80,000 types of native plants, animals and fungi, a considerable number of which are indigenous and located on private property. To preserve and enhance native biodiversity and discourage activities that may deplete it, economic values can be...

Panel data are used to study the technical efficiency of rice producers in the Philippines. Production efficiency over time is measured using a stochastic frontier regression with error decomposition. Sources of inefficiency are identified and the link between irrigation and productive...

This study examines the current and potential economic value of recreation by users of a New Zealand periurban planted forest. The value was derived from a face-to-face survey of 578 users of Whakarewarewa forest in Rotorua. The recreational benefit, estimated by the travel cost method, was...