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To date, the regional economics literature has neglected to combine a county-level dynamic computable general equilibrium (CGE) model with a recreation demand model to analyze the temporal effects of reallocating water from agriculture to recreational use. This study begins to address this...
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Count data models that incorporate the existence of excess zero observations were employed to estimate minimum demand thresholds for rural Wisconsin retail sectors. It was found that single- and double-hurdle models improved the estimation of rural retail minimum demand thresholds.
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Changes in allocation of federal grazing permits to ranchers can impact not only local ranchers but the entire county economy itself. Regional impacts of changing grazing rights and grazing fees are measured by linking cattle production through a linear programming framework with a county level...
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An important issue of debate in economic base literature is whether the export-base theory applies best to the short run, the long run, or both. An attempt is being made here in answering this crucial question by applying a two-step test for cointegration on quarterly employment data, and in...
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