In this paper we examine the effects of energy prices on groundwater extraction using an econometric model of a farmer’s irrigation water pumping decision that accounts for both the intensive and extensive margins. Our results show that energy prices have an important effect on both the...

The feasibility of quadratic programming as a means of integrating agricultural pricequantity relationships and regional resource availability is demonstrated for a California test case. Estimates are developed for producer's and consumer's surplus, values of vegetables and field crop...

This study examined the economic impact of a wintering barn facility on a dairy farm in the Tararua District, relative to its ability to reduce nitrogen leaching, as a means of achieving Horizon’s proposed nitrogen discharge limit. The analysis showed that the provision of a wintering facility...

The method often proposed to meet environmental goals such as water quality improvement is input restriction, such as reduced fertilizer or pesticide use. Computable general equilibrium (CGE) models are potentially valuable tools to analyze the economic impact of such programs. However, to be...

The objective of this paper is to examine the responsiveness to price incentives of petroleum exploration, the generation of proven reserves and the production out of reserves in the United States. First, a theoretical framework of oil extraction and supply is developed. Next, an econometric...

In this paper the role of contracts in coordinating the supply of grapes between independent wine grape growers and wineries is examined. A review of technical issues that underpin the design and implementation of contracts provides insights into the wine industry. A review of the economics...

Wholesale petrol prices were deregulated in August 1998. This paper will quantify the effect associated with the deregulation of wholesale petrol prices on relative retail prices for unleaded petrol in Adelaide, Melbourne and Sydney. This is done through Box–Jenkins autoregressive integrated...

The move to decentralize and develop the inner areas of New South Wales in the first half of the century resulted in the development of several irrigation regions along the Murrumbidgee and Murray Rivers. Water was supplied to these regions at a low price, resulting in overuse of water and...

Australian urban water utilities face a significant challenge in designing appropriate demand management and supply augmentation policies in the presence of significant water scarcity and climate variability. This article considers the design of optimal demand management and supply augmentation...