Cocoa beans are produced in equatorial and sub-equatorial regions of West Africa, Southeast Asia and South America. These are also the regions most affected by El Nino Southern Oscillation (ENSO) -- a climatic anomaly affecting temperature and precipitation in many parts of the world. Thus,...

One of the major shortcommings of past environmental Kuznets curve (EKC) studies is that the spatiotemporal aspects within the data have largely been ignored. By ignoring the spatial aspect of pollution emissions past estimates of the EKC implicitly assume that a region’s emissions are...

The analysis of technical efficiency (TE) on the small-scale fishery is relevant for several reasons. While this type of fishery is highly common in developing countries like Mexico, there are a very limited number of analyses assessing their efficiency. Indeed, there is no precise information...

To value water quality improvements in the Chesapeake Bay or elsewhere, it is necessary to choose an appropriate model of consumer behavior. A number of different travel cost based recreation demand models have beenemployed to value changes in water quality or beach access. Among the possible...

This paper examines effort responsiveness to success in the California salmon partyboat sport fishery. The management process in this important fishery involves setting target harvest levels for both commercial andsportfishing groups and then using closed seasons, restricted gear, and...

This article summarizes the conceptual development and empirical implementation of the travel cost recreation demand model by (J) describing its theoretical underpinnings, (2) outlining how theory must be adapted for the needs imposed by available data. (3) explaining issues to be considered in...

Over the past 30 years, a widely accepted model of "open-access" fisheries has been developed, yet empirical tests of the standard model have been relatively few. One difficulty is that fish stocks, the levels of which affect the rate of catch, are not directly observable. Simplifying...

Some perspectives of neo-institutional economics are used to reexamine the common pool fishery. Applications of properly rights theory in models simulating the evolution of fisheries management suggest that even in the presence of positive information and transactions costs (ITCs), resource...

In this research we estimate the effect of El Nino Southern Oscillation (ENSO) over time on market dynamics for eight major vegetable oil prices. We estimate a system for vegetable oil prices by using a smooth transition vector error correction model (STVECM) to analyze impacts of ENSO events on...

Discrete choice models are widely used in studies of recreation demand. They have proven valuable when modeling situations where decision makers face large choice sets and site substitution is important. However, when the choice set faced by the individual becomes very large (on the order of...