A model consisting of Cuba, Mexico, the U.S., and an aggregated "Rest of the World" was developed to simulate increases in U.S. sugar imports from Cuba and Mexico. Results indicate that increased imports would generate up to $505 million in U.S. net gains, and that world prices increase only...

Increases in the United States tariff-rate quota for sugar are simulated to determine the impact of Cuban market access and an increased Mexican allotment. The effects on both domestic and international sugar markets, including production, consumption, prices and trade, are determined and...

In this study, we measure willingness to pay for E10 fuel by US consumers employing a contingent valuation technique in a simultaneous latent variable equation framework. The simultaneous equation framework helps us to understand the way consumers' perceptions about ethanol are developed and...

A state-level analysis of the Re-enrollment and Extension (REX) program on southern states indicates a positive relationship between percentage of tree acreage and Conservation Reserve Program (CRP) re-enrollment for states in which conservation acreage is dominated by trees. However, the...

Research was undertaken to determine the economic feasibility and environmental impact of harvesting corn stover and hardwood forest residue in Minnesota and surrounding states for conversion to fuel ethanol at facilities located in Minnesota. It was estimated that only 7 of the total 41 million...

This paper presents the only study analyzing the decision to purchase wind coverage for individuals whose standard homeowner’s policy excludes wind, and one of very few analyses of the decision to undertake wind mitigation measures. Because these two decisions are closely related, a...

The objective of this study was to test for the effect of consequentiality on the probability of a respondent opting out of voting in a stated preference survey. We find that respondents who believe that the survey is inconsequential are more likely to opt out than to vote yes in both...

Three restaurant taste panels and an online consumer survey were conducted during 2012-2013 to assess whether Gulf consumers would be willing to pay a premium for place-name specific (i.e., “branded”) Gulf oysters over typical “generic” Gulf oysters, and whether consumers in other U.S....