| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
AMENITY BENEFITS AND PUBLIC POLICY: AN APPLICATION TO THE CONNECTICUT DAIRY SECTOR
Open space
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| Autores: |
Lopez, Rigoberto A.
Altobello, Marilyn A.
Shah, Farhed A.
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| Data: |
2003-01-31
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| Ano: |
1994
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| Palavras-chave: |
Amenity benefits
Policy
Dairy
Land use
Land Economics/Use
Livestock Production/Industries
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| Resumo: |
This article develops a conceptual framework for analyzing the role of state-level policies towards the dairy sector in the presence of farmland amenity benefits, and applies it to Connecticut. Milk supply, demand and amenity benefit functions are estimated, and three exogenously determined milk prices are considered. The empirical findings show, under each price scenario, the extent to which land is underallocated to the dairy sector if amenity benefits are ignored. Analysis of policy options reveals that a partial production cost subsidy represents the least-cost alternative for attaining the socially optimal solution for the region.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
6976
http://purl.umn.edu/15176
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 26, Number 02, December 1994
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| Formato: |
12
application/pdf
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