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Farm-Level Risk Management Using Irrigation and Weather Derivatives AgEcon
Lin, Shanshan; Mullen, Jeffrey D.; Hoogenboom, Gerrit.
An agronomic crop growth model—the Decision Support System for Agro-Technology Transfer—and a constant relative risk aversion utility function are used to examine corn irrigation strategies in Mitchell County, Georgia. Precipitation contracts are designed to help farmers manage risk. Three conclusions originate from the findings. First, the optimal irrigation strategy can greatly increase producers’ certainty-equivalent revenue. Second, changes in water pricing policy would have a limited impact on the amount of water used. And third, across levels of risk preference, the precipitation contracts are not effective in increasing certainty-equivalent revenue or reducing cumulative water use.
Tipo: Journal Article Palavras-chave: Irrigation risk management; Water pricing policy; Weather derivative contract; Agribusiness; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; D8; G22; Q15; Q25.
Ano: 2008 URL: http://purl.umn.edu/46986
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South Dakota Agricultural Land Market Trends 1991-2009: The 2009 SDSU South Dakota Farm Real Estate Survey AgEcon
Janssen, Larry; Pflueger, Burton.
Agricultural land values and cash rental rates in South Dakota are the primary topics of this report. It is targeted for farmers and ranchers, landowners, ag professionals (lenders, rural appraisers, farm managers) and policy makers interested in ag land market trends. This report contains the results of the 2009 SDSU South Dakota Farm Real Estate Market Survey, developed to estimate ag land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Report Palavras-chave: Ag land; Farmland; Acreage; Cropland; Land ownership; Land use; Land tenure; Ranchland; Land Economics/Use; Q15.
Ano: 2009 URL: http://purl.umn.edu/56775
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From Pasture Land to Farm Plots, Triggers and Motivations for Land Use Changes in Afar, Ethiopia AgEcon
Kotu, Bekele Hundie.
Communal land use system has existed in pastoral Afar (as in many other pastoral areas) since time of immemorial accommodating the interests of different user groups. This form of land use system, which has adapted to the harsh environment in which herders raise their livestock, enables efficient utilization of scattered pastoral resources since it accommodates constant mobility of livestock. In contrast to the mobile way of life, which characterizes pastoralism, farming as a sedentary activity is only marginally present in the lowlands of the Afar region. However, the traditional land-use system in Afar is changing nowadays if favor farming because of various reasons. This paper explains such changes mainly based the data collected through a household...
Tipo: Conference Paper or Presentation Palavras-chave: Land use; Pastoralists; Farming; Drought; Afar; Ethiopia; Agricultural and Food Policy; Food Security and Poverty; Institutional and Behavioral Economics; Land Economics/Use; Risk and Uncertainty; Q15; Q24.
Ano: 2009 URL: http://purl.umn.edu/51276
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Southeastern Peanut-Production Cost Efficiency Under the Quota System: Implications for the Farm-Level Impacts of the 2002 Farm Act AgEcon
Nadolnyak, Denis A.; Fletcher, Stanley M.; Hartarska, Valentina M..
In the article, stochastic frontier analysis of peanut-production efficiency in the Southeastern region of the United States is conducted with a view of assessing the likely farm-level impacts of the 2002 Farm Act. Results indicate that , although quota ownership did not significantly impact inefficiency, it is likely that limitations on the quota’s transferability to areas with better growing conditions were a significant cause of inefficiency. The acreage shifts and improved yields following the passage of the 2002 Farm Act support this conclusion. Certain farm characteristics, such as farm size and operator’s education and age, were also important for efficiency.
Tipo: Journal Article Palavras-chave: 2002 Farm Act; Peanut production; Stochastic cost frontier analysis; Supply management policies; Agricultural and Food Policy; Crop Production/Industries; Production Economics; Productivity Analysis; Q18; D61; Q15; Q12.
Ano: 2006 URL: http://purl.umn.edu/43762
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Regulatory Takings and the Diminution of Value: An Empirical Analysis of Takings and Givings AgEcon
Truesdell, Marie K.; Bergstrom, John C.; Dorfman, Jeffrey H..
A hedonic model is used to measure the change in value of residential lots in Rockport, Texas, resulting from Section 404 of the U.S. Clean Water Act. Results show that average lot values initially decreased, went though a six-year adjustment period, and then stabilized on a higher price path resulting in a positive net effect on average lot values throughout the Rockport area (with the exception of a particular subdivision). The results indicate that Section 404 generated both regulatory "takings" and "givings," suggesting that both effects should be considered when assessing the benefits and costs of regulatory events and compensation claims.
Tipo: Journal Article Palavras-chave: Clean Water Act Section 404; Hedonic price method; Interrupted time series; Regulatory takings and givings; Wetlands; Agricultural and Food Policy; C51; D61; R11; R21; Q15.
Ano: 2006 URL: http://purl.umn.edu/43791
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Biomass Supply from Alternative Cellulosic Crops and Crop Residues: A Preliminary Spatial Bioeconomic Modeling Approach AgEcon
Egbendewe-Mondzozo, Aklesso; Swinton, Scott M.; Izaurralde, R. Cesar; Manowitz, David H.; Zhang, Xuesong.
This paper introduces a spatial bioeconomic model for study of potential cellulosic biomass supply at regional scale. By modeling the profitability of alternative crop production practices, it captures the opportunity cost of replacing current crops by cellulosic biomass crops. The model draws upon biophysical crop input-output coefficients, price and cost data, and spatial transportation costs in the context of profit maximization theory. Yields are simulated using temperature, precipitation and soil quality data with various commercial crops and potential new cellulosic biomass crops. Three types of alternative crop management scenarios are simulated by varying crop rotation, fertilization and tillage. The cost of transporting biomass to a specific...
Tipo: Working or Discussion Paper Palavras-chave: Biomass production; Bioenergy supply; Biofuel policy; Bioenergy; Cellulosic ethanol; Agro-ecosystem economics; Ecosystem services economics; Agro-environmental trade-off analysis; Mathematical programming; EPIC; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use; Production Economics; Resource /Energy Economics and Policy; Q16; Q15; Q57; Q18.
Ano: 2010 URL: http://purl.umn.edu/98277
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The Role of Customary Institutions in Managing Conflict on Grazing Land: A Study from Mieso District, Eastern Ethiopia AgEcon
Beyene, Fekadu.
This paper examines interethnic conflict on grazing land previously accessed as common property. The study was undertaken in Mieso District of eastern Ethiopia where two ethnic groups experience different production systems – pastoral and agropastoral. Game theoretic approach and analytic narratives have been used as analytical tools. Results show that the historical change in land use by one of the ethnic groups, resource scarcity, violation of customary norms, power asymmetry and livestock raids are some of the factors that have contributed to the recurrence of the conflict. The role of raids in triggering conflict and restricting access to grazing area becomes particularly important. Socio-economic and political factors are responsible for power...
Tipo: Working or Discussion Paper Palavras-chave: Property rights; Conflict; Grazing land; Power asymmetry; Access rights; Customary institutions; Mieso; Ethiopia; Africa; Land Economics/Use; O17; Z13; Q15.
Ano: 2007 URL: http://purl.umn.edu/7703
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Entwicklungsperspektiven der Milchproduktion in verschiedenen Regionen Niedersachsens - ein agri benchmark dairy-Projekt AgEcon
Lassen, Birthe J.; Busch, Gesa.
Zusammenfassung: Ziel der vorliegenden Studie ist es, für verschiedene Regionen in Niedersachsen die kurz-, mittel- und langfristigen Entwicklungen der Milchproduktion unter Berücksichtigung regionaler Besonderheiten abzuschätzen. Grundlage sind neben sieben Expertenpanels in ausgewählten Regionen auch betriebsindividuelle Befragungen in 10 Regionen in Niedersachsen. Es werden Schlussfolgerungen über die künftige Standortorientierung der Milchproduktion innerhalb Niedersachsens abgeleitet und Anpassungsreaktionen der Milcherzeuger an begrenzende Faktoren der Milchproduktion analysiert. Die Abschaffung der kleinräumigen Quotenhandelsgebiete hat Produktionsverlagerungen über Ländergrenzen hinweg ermöglicht. Dabei stellt sich die Frage, ob Niedersachsen...
Tipo: Report Palavras-chave: Milchproduktion; Milchquote; Regionale Wettbewerbsfähigkeit; Dairy production; Milk quota; Regional competitiveness of dairy production; Farm Management; Livestock Production/Industries; Risk and Uncertainty; Q11; Q12; Q15.
Ano: 2009 URL: http://purl.umn.edu/108258
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Climate Change and Agriculture – A Review of Some Global and Caribbean Concerns AgEcon
Pemberton, Carlisle A..
Belize City, Belize 23rd - 27th July, 2007
Tipo: Presentation Palavras-chave: Climate change; Caribbean; Agriculture; Mitigation strategies; Agribusiness; Q54; Q15.
Ano: 2009 URL: http://purl.umn.edu/122906
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DIRECT PAYMENTS AND THEIR IMPACT ON THE LAND MARKET IN POLAND AgEcon
Dziemianowicz, Ryta Iwona; Przygodzka, Renata; Sadowski, Adam.
The article makes an attempt to answer the question: how direct payments affected the land market in Poland? The first part of the article explains the theoretical aspects of direct payments as an instrument of agricultural policy and their prospective effectiveness. Also the special character of the solutions adopted by Poland in relation with the use of this instrument was shown. The second part presents the main problems of the land market in Poland, taking into account both the supply and the demand factors of this market. The third part concentrates on searching for the cause-effect relations between the direct subsidies and the changes in the land market in Poland. They suggest, among others, that the forecasts regarding the retaining of land in...
Tipo: Conference Paper or Presentation Palavras-chave: Direct Payments; Land Market; Agriculture Policy; Structure of Agriculture; Agricultural and Food Policy; Q10; Q15; Q18..
Ano: 2008 URL: http://purl.umn.edu/44807
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EMBEDDED INSTITUTIONS AND THE PERSISTENCE OF LARGE FARMS IN RUSSIA AgEcon
Koester, Ulrich; Petrick, Martin.
Differences in farm structures between Russia and western market economies can hardly be made consistent with the neoclassical textbook idea of a technologically determined farm size operating in a perfect market environment. The main aim of the paper is to identify embedded institutions that provide an explanation for the persistent differences. It is shown that these institutions vary widely across countries. We argue that the historical contingency of a patrimonial society that is both hierarchical and egalitarian also has an important bearing on the current persistence of large farming structures in Russia. The cultural beliefs based on this contingency explain the relative absence of entrepreneurial attitude in the rural society, the lack of trust in...
Tipo: Working or Discussion Paper Palavras-chave: Embedded institutions; Agricultural transition; Farm restructuring; Agroholdings; Russia.; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Industrial Organization; Institutional and Behavioral Economics; Political Economy; Public Economics; P32; P52; Q12; Q15.
Ano: 2010 URL: http://purl.umn.edu/94720
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Evaluating the Impact of Land Tenure and Titling on Access to Credit in Uganda AgEcon
Petracco, Carly K.; Pender, John L..
Increasing smallholder farmers’ access to credit is a paramount concern in Africa in general and in Uganda in particular, as a means to help modernize agriculture. We use matching impact evaluation methods to assess four pair-wise comparisons: i) households who have freehold land with vs. without a title, ii) households who have customary land with vs. without a customary certificate, iii) households with a title or certificate having freehold vs. customary tenure, and iv) households without a title or certificate having freehold vs. customary tenure. Each comparison is then evaluated for the impact on access to any form of credit, formal credit and informal credit. Two matching methods were used and the results compared to test the robustness of the...
Tipo: Conference Paper or Presentation Palavras-chave: Uganda; Land tenure; Land titling; Rural credit; Agricultural Finance; Land Economics/Use; Q15; Q14.
Ano: 2009 URL: http://purl.umn.edu/51899
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Drivers and Modifiers of Lowland Use in West Africa AgEcon
Erenstein, Olaf.
Lowland development efforts in West Africa have a mixed record. The paper posits that this is due to the neglect of: (1) market opportunity as driving force for lowland use; and (2) the wider context within which lowlands are used as important modifier. The paper applies a regression-based decomposition framework to analyze the factors driving and modifying lowland use in West Africa. It uses community-level data from 1014 geo-referenced lowland units around four urban centers along an agro-ecological gradient in Cote d'Ivoire and Mali. Tobit models are used to explain the extent of lowland non-use (seasonal fallow), its diversity (in terms of rice and other crop cultivation) and its land use intensity (double cropping). Results highlight that proximity to...
Tipo: Conference Paper or Presentation Palavras-chave: Urban - rural linkages; Market access; Agro-ecological gradient; West Africa; Lowland use; Peri-urban agriculture; O18; O3; Q15; Land Economics/Use.
Ano: 2006 URL: http://purl.umn.edu/25288
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The Sustainability of Cotton Production in China and in Australia: Comparative Economic and Environmental Issues AgEcon
Zhao, Xufu; Tisdell, Clement A..
After providing some background about the importance of cotton as a fibre, this article provides information about the global relevance of China’s and Australia’s cotton industries and compares the structure and other significant features of their cotton industries. Attention is given to trends in overall cotton yields and the volume of production of cotton globally, in Australia, and in China as indicators of the sustainability of cotton supplies. Some simple economic theory is applied to indicate the relationship between market conditions and the sustainability of global cotton supplies. Then the environmental and economic factors that challenge the sustainability of Australian cotton production are outlined and analysed and this is done subsequently for...
Tipo: Working or Discussion Paper Palavras-chave: Australia; China; Cotton production; Fibre markets; Hysteresis of supplies; Sustainable agriculture; Water resources.; Environmental Economics and Policy; Q01; Q11; Q15; Q24; Q50..
Ano: 2009 URL: http://purl.umn.edu/55338
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Land Reform and Development of Agricultural Land Markets in Russia AgEcon
Lerman, Zvi; Shagaida, Natalya.
Russia has experienced dramatic changes in land ownership and tenure since 1991: agricultural land has been largely privatized, individual landowners now have legal rights to most agricultural land in the country, and prohibitions on buying and selling of land have been recently removed. The necessary pre-conditions for the development of agricultural land markets have been met and we are beginning to witness transactions that involve individual landowners, and not only the state. Further development of the land market is circumscribed by the inadequacy of the administrative and technical infrastructure. The paper discusses the evolving legal framework for land reform, considers the impacts on privatization and ownership structure of agricultural land, and...
Tipo: Conference Paper or Presentation Palavras-chave: Land reform; Land market; Land leasing; Transition; Land Economics/Use; P23; P26; P31; P32; Q15.
Ano: 2005 URL: http://purl.umn.edu/24604
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Offsetting with Salinity Credits: An Alternative to Irrigation Zoning AgEcon
Spencer, Thomas; Ancev, Tihomir.
Irrigation induced salinity is a serious problem in many countries around the world. In Australia, this type of salinity is most pronounced in the valley of the River Murray in South Australia. Location of irrigation enterprises has been identified as a key factor that needs to be taken into account by policies aimed at mitigating salinity. This article compares and contrasts two such policies: an irrigation zoning policy, where new irrigation enterprises are only allowed in low salinity impact zones, and an offsetting with salinity credits policy, where new irrigation enterprises can locate in high salinity impact zones, provided they offset their salinity impact with salinity credits. Key findings are that the offsetting policy will be both less costly...
Tipo: Conference Paper or Presentation Palavras-chave: Irrigation; Least-cost; Offsets; Salinity; Land Economics/Use; Q15; Q18; Q25; Q50.
Ano: 2006 URL: http://purl.umn.edu/25517
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The Effect of Climate Change on Land Use and Wetlands Conservation in Western Canada: An Application of Positive Mathematical Programming AgEcon
Withey, Patrick; van Kooten, G. Cornelis.
This study examines the impact of climate change on land use in the Prairie Pothole Region of Western Canada, with particular emphasis on how climate change will impact wetlands. A multi-region Positive Mathematical Programming model calibrates land use in the area to observed acreage in 2006. Policy simulations for both climate effects as well as the effects of biofuel policies determine how climate change will affect land use and wetlands. Given that the model calibrates to observed acreage, the policies provide a realistic view of how land use might change from current levels, given the effects of climate change. Results indicate that climate change could decrease wetlands in this area by as much as 50 percent. The effect will be very different...
Tipo: Working or Discussion Paper Palavras-chave: Positive mathematical programming; Wetlands conservation; Land use change; Climate change; Biofuels; Prairie pothole region; Environmental Economics and Policy; C02; C63; Q15; Q54; Q57; Q24; Q25.
Ano: 2011 URL: http://purl.umn.edu/107095
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South Dakota Agricultural Land Market Trends 1991-2010: The 2010 SDSU South Dakota Farm Real Estate Survey AgEcon
Janssen, Larry; Pflueger, Burton; Opoku, Emmanuel.
Agricultural land values and cash rental rates in South Dakota, by region and by state, are primary topics of this report. The target audience are farmers and ranchers, landowners, ag professional (lenders, rural appraisers, professional farm managers), and policy makers interested in ag land market trends. This report contains results of the 2010 Farm Real Estate Market Survey, the 20th annual SDSU survey developed to estimate ag land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Report Palavras-chave: Ag land; Farmland; Acreage; Cropland; Land ownership; Land use; Land tenure; Ranchland; Agricultural Finance; Farm Management; Land Economics/Use; Q15.
Ano: 2010 URL: http://purl.umn.edu/101122
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The Nexus Land-Use Model, an Approach Articulating Biophysical Potentials and Economic Dynamics to Model AgEcon
Souty, Francois; Brunelle, Thierry; Dumas, Patrice; Dorin, Bruno; Ciais, Philippe; Crassous, Renaud.
Interactions between food demand, biomass energy and forest preservation are driving both food prices and land-use changes, regionally and globally. This study presents a new model called Nexus Land-Use which describes these interactions through a generic representation of agricultural intensification mechanisms. The Nexus Land-Use model equations combine biophysics and economics into a single coherent framework to calculate crop yields, food prices, and resulting pasture and cropland areas within 12 regions inter-connected with each other by international trade. The representation of cropland and livestock production systems in each region relies on three components: (i) a biomass production function derived from the crop yield response function to inputs...
Tipo: Working Paper Palavras-chave: Land-use Change; Modelling; Global Biomass Projections; Environmental Economics and Policy; Q11; Q15.
Ano: 2012 URL: http://purl.umn.edu/122859
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Key Determinants of Land Rentals in Poland AgEcon
Falkowski, Jan.
Basing on a sample of Polish rural households present paper analyses how different households' and country-specific characteristics affect farmers' decision about renting additional parcel in. An attempt is made to see if local rental markets still have potential that could be further exploited. Obtained results indicate that despite facing various difficulties rental markets succeed in transferring land to farmers with higher skills and better relative inputs' endowments. Nevertheless their scope is highly limited illustrating that there is a need for adequate measures to be undertaken.
Tipo: Conference Paper or Presentation Palavras-chave: Land markets; Land rentals; Equity and efficiency of land distribution; Land Economics/Use; Q15.
Ano: 2005 URL: http://purl.umn.edu/24511
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