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This paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The...
Persistent link: https://www.econbiz.de/10009443166
Resource purchasing funds have become a major tool for environmental protection and resource conservation. These funds use various strategies to target resources for environmental conservation, the choice of which may lead to striking differences in environmental performance. This paper develops...
Persistent link: https://www.econbiz.de/10009443171
There is broad concern that humans are transforming our environment. This transformation has potential to impact humanity as we depend on the environment ecosystem services. According to the Millennium Assessment (2005), degradation and unsustainable exploitation presently threaten over 60% of...
Persistent link: https://www.econbiz.de/10009443276
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The prospect of climate change has aroused growing interest in the influence of climate and water scarcity on agricultural production. Many studies continue to aggregate disparate crops when modeling irrigation choices. That approach confounds the crop-specific effects of climate and water...
Persistent link: https://www.econbiz.de/10010916618
The Federal Agriculture Improvement and Reform Act (FAIR) of 1996 ended commodity specific subsidies and resulted in a significant shift in corn and soybean production in 1997. While conservation compliance improved the environmental health of the Central U.S., changes in production due to the...
Persistent link: https://www.econbiz.de/10005338782
This paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The...
Persistent link: https://www.econbiz.de/10005801110
Land-use change is arguably the most pervasive socioeconomic force driving the change and degradation of watershed ecosystems. This paper combines an econometric model of land use choice with three models of watershed health indicators (conventional water pollution, toxic water pollution, and...
Persistent link: https://www.econbiz.de/10005804904