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This paper examines heterogeneity in the preferences for OHV recreation by applying the random parameters Poisson model to a data set of off-highway vehicle (OHV) users at four National Forest sites in North Carolina. The analysis develops estimates of individual consumer surplus and finds that...
Persistent link: https://www.econbiz.de/10008508657
We study the non-renewals of contracts in the farmland differential assessment program of California. An instrumental variable random-effect model for the location of non-renewals and a hazard model for the timing of non-renewals indicate that counties with high property tax rates have 0.8%...
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The conservation community is divided over the proper objective for conservation, with one faction focused on ecosystem services that contribute to human well-being and another faction focused on the intrinsic value of biodiversity. Despite the underlying difference in philosophy, it is not...
Persistent link: https://www.econbiz.de/10010600314
Groundwater use plays an important role in agriculture where the lack of timely rainfall can lower yields. Policy makers strive to conserve ecosystem services, such as groundwater supply, while at the same time providing for economic growth. We develop a spatially explicit landscape level model...
Persistent link: https://www.econbiz.de/10011125413
Expanding irrigated agriculture and drought in the Lower Mississippi River Basin have led to large-scale withdrawals of groundwater and a consequent decline in the Mississippi River Valley Alluvial Aquifer. Conserving the aquifer, while at the same time providing for economic growth, is a...
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Groundwater management is conducted in spatial aquifers where well pumping results in localized cones of depression. This is in contrast to the single-cell aquifer used in most economic analyses that assumes groundwater depletion occurs uniformly over a study area. We address two aspects of the...
Persistent link: https://www.econbiz.de/10011168070
We model water use, aquifer recharge and producer returns over 30 years in three watersheds to determine impact of modified water cost and construction of reservoirs. To maintain groundwater resources, raising cost of pumped water by a buffer value to the aquifer resource and using surface...
Persistent link: https://www.econbiz.de/10010915029