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The production of many crops depends on biotic pollination. As pollinator populations decline, assessments of the potential consequential loss of economic value are critical. We estimate the economic value of pollination services ($608 million), crop vulnerability ratio (21 percent), and...
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At least thirty studies have been conducted in North America over the last twenty-plus years that measure amenity values generated by farmland. A review of these studies provides evidence that estimated farmland amenity values are sensitive to increasing acreage, regional scarcity, alternative...
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Economists have generated an abundance of willingness to pay estimates to help inform U.S. farmland protection policies. Stated preference approaches are often used for such estimations, with an increasing reliance placed on discrete choice models such as mixed logit, in which results can be...
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