Benefit and cost estimates for the Environmental Quality Incentives Program (EQIP) are given. The 2002 Farm Bill increased EQIP funding five fold and allows a broader scope of participation. Estimates for seven classes of environmental benefits and the sensitivity of those estimates to program...

A manure application cost model was used to examine the impact financial assistance from EQIP can have on reducing costs to confined hog operations from meeting a manure nutrient application standard. Sector costs are examined under alternative scenarios involving type of nutrient standard and...

The Environmental Benefits Index (EBI) ranks Conservation Reserve Program (CRP) offers by weighing program costs for enrolling land in CRP against six environmental objectives. This paper uses Monte Carlo simulations to analyze the sensitivity of CRP enrollment outcome to the specification of...

The economic and social development of nations relies on their population having physical access to services and employment opportunities. For the vast majority of the 3.4 billion people living in rural locations, this largely depends on their access to urban centers of different sizes....

This paper considers supply decisions by firms in a dynamic setting with adjustment costsand compares the behavior of an optimal control model to that of a rule-based system whichrelaxes the assumption that agents are explicit optimizers. In our approach, the economicagent uses believably simple...