This article analyzes the impact of removing the U.S. tobacco program in both a partial and general welfare economics framework. In a partial-equilibrium framework, a consumer taxfunded quota buyout can result in producer gains, consumer losses, net losses resulting from higher prices, and...

Policy analysis is complicated by the myriad of benefits and costs generated by the use of natural resources. This study develops three benefits that must be considered in the granting of a consumptive use permit for water filed by Adena Springs Ranch, east of Ocala, Florida. This ranch is...

This document is the technical annex to the full paper “The Complexities of the Interface between Agricultural Policy and Trade†which is available separately.

Tariff and non-tariff barriers are widespread as applied to agricultural trade. The theory of gains from trade considers the impacts of free trade relative to no trade and to non-tariff barriers, while the theory of agricultural policy generally places little weight on the international trading...

As part of efforts to restore the Everglades, in 2008, Governor Crist of Florida proposed the acquisition of 187,000 acres of land from the U.S. Sugar Corporation (U.S. Sugar) for this purpose, but the final purchase in August 2010 totaled only 26,800 acres. This article presents the history...

Shrimp production in Thailand has historically been undertaken in the saline and brackish waters of coastal mangroves. In recent years rising demand and prices for shrimp and falling productivity of mangrove areas have motivated an expansion of shrimp production into the fresh-water margins of...

Many environmental policy issues involve conflicts between nature conservation and economic development. The economic rationale behind deciding among alternative options is predicated on some form of benefit-cost analysis (BCA). Key issues to date have been non-market valuation, the...

Much of Australia’s native vegetation has been cleared or altered as a result of agricultural development. The native vegetation that remains on private land is highly fragmented and continues to be degraded and modified due to various land use and environmental pressures. One of the major...

The Desert Uplands is a biogeographic region in central-western Queensland that lies within the rangelands area of Australia. In the region, many pastoralists are clearing the scrub and woodland vegetation in order to improve production for cattle grazing. Only limited production gains are...