This paper studies the divergence in the planning and equilibrium solutions for a multicell aquifer with heterogeneity in cell depths. A spatial model is developed that explicitly accounts for the lateral movement of water between cells. The optimal planning problem maximizes the discounted...

We examine the effects of irrigation technology subsidies using a model of inter- temporal common pool groundwater use with substitutable technology and declining yields from groundwater stocks, where pumping cost and stock externalities arise from the common property problem. We employ an...

Soil specific, chance constrained, dynamic models of agricultural production and nitrate leaching are developed to assess the impacts of nitrogen fertilizer taxes, quantity restrictions on fertilizer or leachate, and leachate permits. A programming model uses the solutions of these bioeconomic...

This paper examines agricultural use-value legislation in light of statewide reassessment in New York. Historically, farm real estate has been underassessed relative to other classes of property. Thus, statewide reassessment at full value would significantly increase farmland property taxes....

Based on regression models, the New York Agricultural Districts Law seems consistent with preserving the best farmland because farm size and productivity explain participation. Growth on tax rates and differences in property tax administration explain participation in use-value assessment,...

A programming model is used to assess the welfare effects of regional and practice specifications contained in New York State's Draft Conservation Reserve Enhancement Program (CREP) proposal. Net social benefits are nearly 75% lower than options that explicitly account for opportunity costs of...