Environmental economists invest in measuring the value of the environment but put less effort toward integrating that value directly into the economy. Experimental economists evaluate the performance of mechanisms to fund public goods but in some cases offer limited insight into practical...

This study investigates reasons for adoption of best management practices (BMP), crawfish farmers’ participation in the Environmental Quality Incentives Program (EQIP), and economic impacts of BMP adoption using data from a 2008 survey of crawfish producers. Most-cited reasons for BMP...

One of the most pressing phenomena in recent decades in Europe’s rural areas is population decline. This article summarises how the national sustainable development strategies (NSDS) and the national rural development programmes (NRDP) of the European Union (EU) Member States...

Climate change is expected to have a significant effect on agricultural production but less is known about its projected impact on the farm business. This paper provides a first attempt at an economic analysis of the impacts of climate change for broadacre farming systems and provides an insight...

Despite noticeable improvements in recent socio-economic performance in Africa, variations exist across countries and performance is constrained by plethora of factors that inhibit the attainment of Africa’s optimum production potential. Changing climate and environmental factors have...

For applications in agricultural and environmental economics, complex ecological systems are often oversimplified to the extent that ecologists rarely consider model results valid. Recursive optimization of complex systems represents an alternative, but requires strong assumptions regarding time...

Erosion of agricultural croplands is a significant contributor of sedimentation to reservoirs. Here, physiographic and economic models for a large agricultural watershed (2377 square miles with 27 subwatersheds) are integrated for the reduction of sedimentation of one Midwestern reservoir....

Historically, market situation and outlook has often included some form of price forecast. Recent volatility in agricultural commodity markets is making price forecasts challenging and at times less reliable. In addressing this price volatility, changes in agricultural markets are highlighted...