This is an updated version posted 12/12/12. In the previous version attribute labels in Table 5 were incorrect for tribs and jobs.

Producers of agricultural commodities treat world commodity prices as exogenous. Prices facing regional producers can also be considered exogenous when we aggregate producers over small districts, and even across New Zealand. Through estimation of a vector autoregressive (VAR) model, under a...

In many areas throughout the United States, the market value of agricultural land exceeds its use value in agricultural production. This deviation is the result of many factors, including urban influence, recreation, mineral extraction, and other natural amenities. This study examines the...

Short rotation coppice (SRC) is an interesting economic alternative to agricultural land use. Nevertheless, farmers often do not switch to SRC. Thus, it seems like the farmers do not act according to the classical investment theory. A relatively new approach which can help to explain farmers’...

This paper describes further progress in a new approach to stakeholder consultation for policies about agricultural land uses and water quality in rural waterways; a process that was begun early in 2012. The initial consultation events provided the basis for a future draft of Greater Wellington...