The analysis is based on an integrated climatic, agronomic and economic model of grain production in the midwestern region of the U.S. The model represents a typical farm and the objective is to select an optimum combination of cultivars for four crops (maize, soybean, wheat and sorghum)...

Anthropogenic emissions of carbon dioxide and other "greenhouse" gases have the potential to substantially warm climates worldwide. While the timing and magnitude of global warming is uncertain, scientists on the Intergovernmental Panel on Climate Change (IPCC) predict that average global...

This study compares subsurface drip irrigation and sprinkler irrigation with respect to expected returns, aquifer life, nutrient utilization and accumulation in the production of irrigated corn using swine effluent and fresh groundwater from a depleting aquifer in the Oklahoma Panhandle. Most of...

Recent studies have suggested that green technologies may be a cost effective way to manage urban runoff. Literature has also suggests that there needs to be a greater empirical basis to estimate the benefits associated with social values associated with urban trees; we therefore estimate...

We explore the efficiency of allowing participants in transferable-rights programs to sell credits in multiple markets, i.e., to double dip. In a first-best economy double-dipping is efficient, but if the cap is set suboptimally, then the answer depends on the relative slopes of the marginal...

The study explores the implications of climate change for the economic costs of ecological conservation and restoration of submerged aquatic vegetation. It develops a methodological framework that addresses the key issues of uncertainty, irreversibility and space in climate change and...