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The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 4, November 2007.
Persistent link: https://www.econbiz.de/10005805012
We design an experiment to simulate how people make agricultural production decisions under three policy scenarios, each incorporating direct payments (DPs): (a) price uncertainty without countercyclical payments (CCPs); (b) price uncertainty with CCPs; and (c) price uncertainty, CCPs, and...
Persistent link: https://www.econbiz.de/10009397705
We design an experiment to simulate how people make agricultural production decisions under three policy scenarios, each incorporating direct payments (DPs): ("a") price uncertainty without countercyclical payments (CCPs); ("b") price uncertainty with CCPs; and ("c") price uncertainty, CCPs, and...
Persistent link: https://www.econbiz.de/10005324883
This paper reviews recent work examining two topics of economic research vital for invasive species policy-integration and valuation. Integration requires bioeconomic models that blend invasive biology with economic circumstances and the feedback loops between the two systems. Valuation requires...
Persistent link: https://www.econbiz.de/10005041360
Herein we explore the economic value of delaying inevitable environmental damage due to aquatic invasive species, which is a problem especially relevant to tropic and subtropical regions. We developed an analytical framework and tested it using a stated preference survey. The results suggest...
Persistent link: https://www.econbiz.de/10005801912
A survey was designed to elicit donations for delaying inevitable aquatic invasions of inland water bodies within a respondent's region. Surveys were distributed throughout the United States. Assuming all aquatic species groups invade simultaneously, our results suggest that the average person...
Persistent link: https://www.econbiz.de/10008493300
The introduction of counter-cyclical payments (CCPs) and a base acreage updating option under the 2002 Farm Act have potential supply response implications. To gain insight into the economic incentives and efficiency implications of these provisions, this paper presents the design of a 3-stage...
Persistent link: https://www.econbiz.de/10005525676
Persistent link: https://www.econbiz.de/10011095800
The Idaho Potato Commission funded a project to help answer the question: What would be the economic impact if the potato industry increased the minimum size for fresh potatoes? We estimate that increasing the minimum size from 4 to 5 ounces would divert about 5 million hundredweight (cwt) to...
Persistent link: https://www.econbiz.de/10011200804
Accurate forecasts of commodity prices are an important ingredient in the policy formation process. A commodity price forecasting procedure used routinely by the US Department of Agriculture in their policy and market analysis activities is a simple, linear, reduced-form regression model that...
Persistent link: https://www.econbiz.de/10005505759