This study extends and refines a previous model and provides estimates of the economic value of water shortages from shortfalls in Mexican deliveries to the U.S. In the process, we identify and evaluate a range of crop choices, appropriate irrigation technology use, water source substitution,...

The U.S./Mexico Water Dispute: Impacts of Increased Irrigation in Chihuahua, Mexico. C. Parr Rosson, III, Texas A&M University, Aaron Hobbs, Texas A&M University, and Flynn Adcock, Texas A&M University. Mexico accumulated a water debt of 1.5 million acre feet to the United States while...

These three invited papers examine the role that exchange rates may have in influencing commodity prices, input prices and farm income. The papers arguably represent one of the most important recent attempts to quantify and explain these new linkages. As U.S. and world agriculture moves from a...

Exchange rates have long been thought to have an important impact on the export and importof goods and services, and, thus, exchange rates are expected to influence the price of thoseproducts that are traded. At the same time, energy impacts commodity production in somevery important ways. The...

The recent/current recession provides the opportunity to study the effects of the macroeconomic changes on the agricultural production systems in the Great Plains and trace some of its impacts through the system to changes in primary inputs such water resource use. Therefore, the objective of...

This paper uses experimental methods to examine how individuals react to a set of voluntary incentives related to the conservation of a resource. The goal was to determine whether conservation over a critical area, such as a deep portion of an aquifer, could be encouraged, and whether...

Potential economic impacts of hunting activities suggested opportunities for non-industrial private landowners in Mississippi to capitalize on apparent market demand for fee-access hunting. Data were collected from outfitting individuals/firms operating within Mississippi to analyze the impact...

Impacts of alternative agricultural water conservation strategies are being evaluated in the Texas Panhandle. Stakeholders have expressed concern that all effects need to be accounted for including the regional economy. A methodology was developed to evaluate the effects on the backward and...

Economic impacts of hunting activities reveals opportunities for landowners to capitalize on apparent market demand for fee-access hunting. This paper discusses the marginal values of hunting package attributes. The results will provide landowners the information needed to make optimal...