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Urban expansion in western arid regions has increased competition for available water supplies, encouraging more efficient agricultural water use. The implementation of alternative low water-use crops is one option for producers, but is it economically feasible? This study uses the EPIC model to...
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Existing studies on the economic impact of wildfire smoke have focused either on single fire events or entire fire seasons without distinguishing between individual occurrences. Neither approach allows for an examination of the marginal effects of fire attributes, such as distance and fuel type,...
Persistent link: https://www.econbiz.de/10009021093
The objective of this paper is to identify the effect of livestock mandatory price reporting (MPR) on cattle cash prices. Using the lag augmented vector autoregression (LA-VAR) and the historical decomposition, we find that there exist a steady increase in cattle prices after MPR in 2001....
Persistent link: https://www.econbiz.de/10011068582
*Chapter 7 of the forthcoming book "Economic Analysis of Land Use in Global Climate Change Policy," edited by Thomas W. Hertel, Steven Rose, and Richard S.J. Tol. The Agriculture and Land Use (AgLU) model was developed at Pacific Northwest National Laboratory to assess the impact of a changed...
Persistent link: https://www.econbiz.de/10005515635
The hypothesis that regional size increases regional efficiency is tested in this study. Data Envelopment Analysis and the Directed Acyclic Graph were used to reveal the causal relationship between regional efficiency and region size in terms of population density. Region size and the...
Persistent link: https://www.econbiz.de/10005523003
Locating fed cattle price discovery center is revisited using the framework that combines recent progress in causal research with time series analysis. The Bernanke factorization in innovation accounting is obtained by a graphical method called directed acyclic graph which uses data to identify...
Persistent link: https://www.econbiz.de/10005476742
Assessment of regional economic impacts can be accomplished using either an input-output analysis or a social accounting matrix (SAM) analysis. While these approaches can generate important insights, they have significant limitations for some cases, e.g., the event of the need to reallocate...
Persistent link: https://www.econbiz.de/10011134546