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This study develops a model of land use change in the Midwestern States of Ohio, Indiana, and Illinois. Given the emergence of spatial econometrics, three models are compared to assess the sensitivity of the estimates to alternative assumptions about the distribution of their errors. Projections...
Persistent link: https://www.econbiz.de/10005807727
Total US forestry production is estimated to increase over the next century under several climate change projections. Consumers would likely benefit from lower prices, although profitability in the industry could decline. Regional shifts could well occur, with the Southern US forest industry...
Persistent link: https://www.econbiz.de/10008678088
Persistent link: https://www.econbiz.de/10008643656
Given the geography and agroclimatic conditions of the Southeast, coupled with continued population expansion from in-migration, local foods markets may be a promising niche market for some farms in the region. The Southeast has more small farms than any other U.S. region. Using farm-level data,...
Persistent link: https://www.econbiz.de/10011142809