Differential property tax policy for farmland is often set under conditions of uncertainty and limited information regarding landowners' objective functions. This study examines optimal differential tax policy for a parcel of agricultural land facing uncertain development, identifying instances...

The rural public may not only be concerned with the consequences of land management; residents may also have systematic preferences for policy instruments applied to management goals. Preferences for outcomes do not necessarily imply matching support for the underlying policy process. This study...

The impact irrigation efficiency and the loan deficiency payment have on the quantity of groundwater withdrawn and the agricultural cost of groundwater conservation in the Texas High Plains (THP) is estimated. The irrigation efficiency component utilizes the two most common irrigation...

This study determines how production and trade policy distortions affected rice productivity in thirty-three rice-producing countries. A rice-productivity index for each country is constructed, and a model linking the productivity gap with policy distortions is presented. After controlling for...

Paper removed by authors for revision - 3/13/08.

A farm level simulation model is used to analyze the financial impacts of the U.S. proposal to the WTO to reduce farm subsidy payments. The impacts are examined for farms of different sizes, debt positions, and household characteristics. Results indicate that cash flow impacts of the policy...

Analysis with a stylised model of milk price determination shows that on a dollar for dollar basis it is theoretically possible for milk price support resulting from discriminatory pricing to be as or even more trade distorting than milk price support resulting from explicit trade intervention...

Sound environmental regulation must achieve environmental objectives while maximizing economic efficiency. This paper evaluates the impact of regulation on efficiency by measuring annual productivity across regulatory regimes in two similar fisheries with differing policy expectations....

Economics has looked at the decision process of politicians but the decision process of agency staff has primarily been the purview of sociologists. Agencies affect the final form of regulations, they may enforce or ignore regulations that exist, and they provide information to the political...

Using a highly disaggregated U.S. Computable General Equilibrium (CGE) model, we analyze the distributional impacts from the commodity programs governed by the 2002 Farm Act on U.S. farm and non-farm households. The farm household impacts occur through program effects on household income, farm...