L eakage from forest carbon seques- tion has been widely acclaimed as an optration— the amount of a program’s direct carbon tion for mitigating greenhouse gas emisbenefits undermined by carbon releases else- sions (GHGE). Land use change and where—depends critically on demanders’ability...

Traffic flows in the U.S. have been affected by the substantial increase and, as of January 2009, decrease in biofuel production and use. This paper considers a framework to study the effect on grain transportation flows of the 2005 Energy Act and subsequent legislation, which mandated higher...

This paper examines the role that climate change might be playing in the declining returns to agricultural research. For this purpose, we estimate a cross-section time-series model of agricultural total factor productivity for the U.S. states over the period 1970–1999, with the inclusion of...

Panel models with random effects are used to estimate how climate influences in-stream surface water supply, municipal water demand, crop yields and irrigation water use. The results are added into TEXRIVERSIM, a state wide economic, hydrological, environmental and inter-basin water transfer...

"A procedure is developed to estimate the distortions and welfare impacts of government interventions in the international rice market. The procedure is based on a spatial equilibrium model and the application of conjectural variations. The model estimates asymmetric price distortions caused by...

This study attempts to provide relative magnitudes of average and marginal costs of off-site sediment-related costs in OregonÂ’s Willamette Valley. Water treatment; road, river channel, and dam maintenance; and hydroelectric generation are examined. Road maintenance and water treatment are...

An important human welfare implication of climate involves effects of interannual variation in temperature and precipitation on agriculture. Year-to-year variations in U.S. climate result from El Niño-Southern Oscillation (ENSO), a quasi-periodic redistribution of heat and momentum in the...

Planting trees to sequester carbon has broad political appeal. However, effects of a major tree planting program on the agricultural sector and on timber markets are unclear. This paper examines social costs of sequestering carbon in tree plantations on U.S. agricultural land and investigates...

The agricultural value of El Nino-Southern Oscillation (ENSO) phase knowledge is measured in a value-of-information framework using economic models. We examine the value of considering the full distribution of ENSO phase strength effects as opposed to average ENSO phase strength effects, as well...