Newburn, David A.; Brozovic, Nicholas; Mezzatesta, Mariano - In: American Journal of Agricultural Economics 93 (2011) 4, pp. 1212-1228
We analyze the potential effects of listing threatened salmonid species on landowner behavior using parcel-level data from Sonoma County, California. We estimate a bivariate probit model, representing the landowner's joint decision on land use and water management during the period 1973--2006,...