This paper investigates productivity growth as measured by the Malmquist productivity index (MPI) among a sample of 331 Kansas farms between the years 1993 and 2011. The MPI index is decomposed to explore the main sources of productivity growth. Technical change (TC) is found to be the main...

Depleting water resources is a widespread problem across the Kansas High Plains aquifer. The value of irrigation is accentuated due to lack of surface water and low precipitation in western Kansas. Accelerated groundwater withdrawals for irrigation caused a further decline in the saturated...

Replaced with revised version of paper 04/05/06.

Recent literature has combined Revealed (RP) and Stated Preference (SP) data in the Multinomial Logit Model (MNL) to estimate the value of environmental goods. However, emerging research has identified that a limitation of the MNL is the assumption of Independently and Identically Distributed...

The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 90, Number 1, February 2008.

A pollution reduction program is designed where information about both technology and risk preferences is asymmetric. Program costs and the distribution of payments depend on the amount of information known to the policy maker. Empirically testable conditions for self-selection are derived; the...