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Valuation Methods for Environmental Benefits in Forestry and Watershed Investment Projects AgEcon
Cavatassi, Romina.
The understatement or omission of the environmental costs and benefits associated with forest management options results in project evaluations and policy prescriptions that are less than socially optimal. The aim of this paper is to examine the full range of costs and benefits associated with forests, distinguishing between how these should, and actually are, included in economic analyses. The paper first describes the economic analysis undertaken in the project evaluation procedure of the World Bank. The second section deals with all costs and benefits that typically occur in forestry projects. Costs and benefits are classified as on-site private, on-site public or global according to their nature and area of impact and according to the Total Economic...
Tipo: Working or Discussion Paper Palavras-chave: Economic analysis; Forest values; Global environmental benefits; Externalities; Carbon sequestration; Resource /Energy Economics and Policy; D61; D62; Q51; Q57; O13.
Ano: 2004 URL: http://purl.umn.edu/23799
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Efficient Emission Fees in the U.S. Electricity Sector AgEcon
Banzhaf, H. Spencer; Burtraw, Dallas; Palmer, Karen L..
This paper provides new estimates of efficient emission fees for sulfur dioxide (SO2) and nitrogen oxides (NOX) emissions in the U.S. electricity sector. The estimates are obtained by coupling a detailed simulation model of the U.S. electricity markets with an integrated assessment model that links changes in emissions with atmospheric transport, environmental endpoints, and valuation of impacts. Efficient fees are found by comparing incremental benefits with emission fee levels. National quantity caps that are equivalent to these fees also are computed, and found to approximate caps under consideration in the current multi-pollutant debate in the U.S. Congress and the recent proposals from the Bush administration for the electricity industry. We also...
Tipo: Working or Discussion Paper Palavras-chave: Emissions trading; Emission fees; Air pollution; Cost-benefit analysis; Electricity; Particulates; Nitrogen oxides; NOx; Sulfur dioxide; SO2; Health benefits; Environmental Economics and Policy; Q2; Q4; D61.
Ano: 2002 URL: http://purl.umn.edu/10505
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Benefit Transfer as Preference Calibration AgEcon
Smith, V. Kerry; van Houtven, George; Pattanayak, Subhrendu K..
This paper proposes and illustrates the use of a new approach to benefit transfer for the non-market valuation of environmental resources. It treats transfer as an identification problem that requires assessing whether available benefit estimates permit the parameters of a preference function to be identified. The transfer method proposed uses these identifying restrictions to calibrate preference parameters and bases the benefit estimates on that preference function. The approach is illustrated using travel cost, hedonic and contingent valuation estimates, as well as combinations of estimates. It has three potential advantages over conventional practice: (1) it allows multiple, potentially overlapping estimates of the benefits of an improvement in...
Tipo: Working or Discussion Paper Palavras-chave: Benefit transfer; Calibration; Non-market valuation; Environmental Economics and Policy; D61; Q20; H40.
Ano: 1999 URL: http://purl.umn.edu/10607
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Determination of Optimal Environmental Flow Acquisition in Kor Basin, Doroudzan Dam AgEcon
Asad Falsafi Zadeh, Neda; Sabouhi Sabouni, Mahmood.
In current study, an irrigation examination and acquisition of environmental water in Kor River fields, that is dominated from Doroudzan dam to Bakhtegan Lake, was done by an integrated economy-environmental model. The model was considered by economic, hydrologic and agronomic components. In the economic component, an optimal harvesting of water was done using non-linear programming in two scenarios; with and without environmental water constraint. Solutions from simulation of environmental data in the hydrologic component, was used as initial data in the economic component. In the agronomic component, actual crop yield in wet, normal and dry years was determined using the relationship between crop yield and irrigation water amount. Results showed that,...
Tipo: Conference Paper or Presentation Palavras-chave: Expected Net Income; Hydrology; Non-Linear Programming Model; Deficit Irrigation; Consumer/Household Economics; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Production Economics; Risk and Uncertainty; C32; C61; D42; D61.
Ano: 2009 URL: http://purl.umn.edu/50258
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COST EFFICIENCY OF CATFISH FARMS IN CHICOT COUNTY, ARKANSAS: THE IMPACT OF EXTENSION SERVICES AgEcon
Engle, Carole R.; Kaliba, Aloyce R..
Cost efficiency measures of a sample of catfish farms in Chicot County, Arkansas are estimated using a data envelopment analysis technique. A measure of overall efficiency is used to determine operator's characteristics, farm practices, and institutional support services that are likely to lead to higher farm level cost efficiency. Results indicate that live catfish production could increase by 55% using the same level of inputs if all farms were operating at the minimum average cost curve. Higher feeding rate and availability of extension services were associated with increased cost efficiency. Higher stocking density affected overall efficiency negatively. The marginal value of extension contacts in Chicot County was estimated to be $2988. This study...
Tipo: Conference Paper or Presentation Palavras-chave: Catfish; Cost efficiency; Data envelopment analysis; And extension services; Resource /Energy Economics and Policy; C14; C24; D61.
Ano: 2004 URL: http://purl.umn.edu/34740
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Valuing the Non-Market Impacts of Underground Coal Mining AgEcon
Gillespie, Robert; Kragt, Marit Ellen.
This paper has been published in a peer-reviewed journal as: Gillespie, R. & M. E. Kragt (2012). "Accounting for nonmarket impacts in a benefit-cost analysis of underground coal mining in New South Wales, Australia." Journal of Benefit-Cost Analysis 3(2): article 4. DOI: 10.1515/2152-2812.1101
Tipo: Working or Discussion Paper Palavras-chave: Australia; Benefit cost analysis; Coal mining; Choice experiments; Natural resource management; Non-market valuation; Environmental Economics and Policy; Resource /Energy Economics and Policy; D61; Q32; Q38; Q51.
Ano: 2010 URL: http://purl.umn.edu/98239
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Discounting and confidence AgEcon
Traeger, Christian P..
Revision of CUDARE Working Paper 1117 issued June 2011
Tipo: Working Paper Palavras-chave: Uncertainty; Discounting; Climate change; Ambiguity; Confidence; Subjective beliefs; Prudence; Pessimism; Expected utility; Intertemporal substitutability; Intertemporal risk aversion; Risk and Uncertainty; D61; Q54; D81; D90.
Ano: 2011 URL: http://purl.umn.edu/120418
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Benefit-costs analysis of climate-related agricultural investments in Africa: a case study AgEcon
Branca, Giacomo; Lipper, Leslie; Sorrentino, Alessandro.
Paper removed at the request of the first (corresponding) author.
Tipo: Presentation Palavras-chave: Food security; Adaptation; Mitigation; Benefit-cost analysis; Externalities; Environmental Economics and Policy; D61; D62; H54; O13; Q55.
Ano: 2012 URL: http://purl.umn.edu/124109
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An Economic Model for Bioprospecting Contracts AgEcon
Ding, Helen; Nunes, Paulo A.L.D.; Onofri, Laura.
This paper explores the use of a micro-economic model to analyse the provisions and parties of bioprospecting contracts. It focuses on the pharmaceutical industry as the representative biodiversity buyer, presenting an original theoretical framework that explains the main contract characteristics or stylised facts. Against this background, it considers the main contractors involved in these private contracts, i.e. biodiversity sellers and biodiversity buyers, analysing both the magnitude and distribution of the respective payoffs. Particular attention is devoted to the different, mixed impacts of bioprospecting contracts and patenting on social welfare. The positive welfare impacts delivered by bioprospecting contracts are associated with the potential...
Tipo: Working or Discussion Paper Palavras-chave: Bioprospecting Contract; Genetic Resource; Biodiversity Buyer; Biodiversity Seller; Patenting; Welfare Analysis; Benefit Sharing; Productivity Analysis; D21; D23; D61; L14; Q57.
Ano: 2007 URL: http://purl.umn.edu/7450
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Are Compact Cities Environmentally (and Socially) Desirable? AgEcon
Gaigne, Carl; Riou, Stephane; Thisse, Jacques-Francois.
There is a wide consensus among international institutions and national governments in favor of compact (i.e. densely populated) cities as a way to improve the ecological performance of the transport system. Indeed, when both the intercity and intra-urban distributions of activities are given, a higher population density makes cities more environmentally friendly as the average commuting length is reduced. However, when we account for the possible relocation of activities within and between cities in response to a higher population density, the latter may cease to hold. Because changes in population density affect land rents and wages, firms and workers re-optimize and choose new locations. We show that this may reshape the urban system in a way that...
Tipo: Working Paper Palavras-chave: Greenhouse gas; Commuting costs; Transport costs; Cities; Environmental Economics and Policy; D61; F12; Q54; Q58; R12.
Ano: 2012 URL: http://purl.umn.edu/121692
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ARE FRUIT AND VEGETABLE STAMP POLICIES COST-EFFECTIVE? AgEcon
de Mouzon, Olivier; Requillart, Vincent; Soler, Louis-Georges; Dallongeville, Jean; Dauchet, Luc.
In many countries, consumption of fruits and vegetables (F&V) is below recommended levels. We quantify the economic and health effects of F&V stamp policy designed for low income consumers. The analysis combined two models: an economic model which predicts how F&V consumption is affected by a change in policy and a health model which evaluates the impact of a change in F&V consumption in terms of death avoided (DA) and life-years saved (LYS). Finally we computed the costs per DA and LYS as the ratio between the taxpayer cost of the policy and the number of DA and LYS. The main findings of the present study are: (1) F&V stamp policy has a positive and significant impact on the consumption of small F&V consumers of the targeted...
Tipo: Conference Paper or Presentation Palavras-chave: Cost-effectiveness analysis; Fruits and Vegetables; Health Impact Assessment; Health Policy; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; D61; I18; Q18.
Ano: 2010 URL: http://purl.umn.edu/116416
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EFFECTS OF QUALITY CONSIDERATIONS AND CLIMATE/WEATHER INFORMATION ON THE MANAGEMENT AND PROFITABILITY OF COTTON PRODUCTION IN THE TEXAS HIGH PLAINS AgEcon
Britt, Megan L.; Ramirez, Octavio A.; Carpio, Carlos E..
Production function models for cotton lint yields, seed yields, turnout, and lint quality characteristics are developed for the Texas High Plains. They are used to evaluate the impacts of quality considerations and of climate/weather information on the management decisions and on the profitability and risk of irrigated cotton production systems. It is concluded that both quality considerations and improved climatic/weather information could have substantial effects on expected profitability and risk. These effects mainly occur because of changes in optimal variety selection an irrigation water use levels. Quality considerations in particular result in significantly lower irrigation water use levels regardless of the climate/weather information...
Tipo: Journal Article Palavras-chave: Climatic/weather information; Cotton quality; Ground water resource use; Risk and uncertainty; Texas High Plains; Crop Production/Industries; D21; D24; D61; D81; D84.
Ano: 2002 URL: http://purl.umn.edu/15082
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The Impact of El Nino on Northeastern Forests: A Case Study on Maple Syrup Production AgEcon
Bergeron, Nancy; Sedjo, Roger A..
El Nino events are likely to affect maple syrup production since it is very sensitive to weather patterns. A statistically significant direct correlation has not been found in our preliminary analysis, however. This may be because many other factors affect production and because weather anomalies also occur in non-El Nino years. Few defensive activities are available to maple syrup producers to alleviate the negative impacts of weather anomalies on their production. Hence, the value of El Nino-Southern Oscillation (ENSO) forecasts to them is likely to be low, even if a clear correlation between productivity and ENSO events was eventually found. Overall, small welfare impacts of El Nino weather events are expected from their impact on the maple syrup...
Tipo: Working or Discussion Paper Palavras-chave: El Nino; Forests; Maple syrup; Economic welfare effects; Dieback; Resource /Energy Economics and Policy; D61; Q10; Q20; Q23; N5.
Ano: 1999 URL: http://purl.umn.edu/10671
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Promoting Organic Food: Information Policy Versus Production Subsidy AgEcon
Tribl, Christoph; Salhofer, Klaus.
In developed countries governments aim to increase the market share of organic products. Assuming that organic farming creates a positive externality, we address the question of how this environmental benefit can be internalized best. Using the concept of heterogeneous producers and consumers we compare two policy options to enhance organic supply and demand with respect to their efficiency and distributional effect: First, we analyze the effect of a supply-side oriented policy like a subsidy on organic production. Second, we compare this policy measure to a demand-side oriented information policy, which aims to enhance the acceptance and identification of an organic food label. Third, we assume a mix of both policy measures. The main findings of this...
Tipo: Conference Paper or Presentation Palavras-chave: Organic food; Labeling; Production subsidy; Information policy; Welfare; Agricultural and Food Policy; D61; D62; L15; Q18.
Ano: 2005 URL: http://purl.umn.edu/24653
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Does the Value of a Statistical Life Vary with Age and Health Status? Evidence from the United States and Canada AgEcon
Alberini, Anna; Cropper, Maureen L.; Krupnick, Alan J.; Simon, Nathalie B..
Much of the justification for environmental rulemaking rests on estimates of the benefits to society of reduced mortality rates. Yet the literature providing estimates of the willingness to pay (WTP) for mortality risk reductions measures the value that healthy, prime-aged adults place on reducing their risk of dying, whereas the majority of statistical lives saved by environmental programs, according to epidemiological studies, appear to be the lives of older people and people with chronically impaired health. This paper provides an empirical assessment of the effects of age and baseline health on WTP for mortality risk reductions by reporting the results of two contingent valuation surveys designed to test the above hypotheses. One survey was...
Tipo: Working or Discussion Paper Palavras-chave: Willingness to pay; Mortality; Contingent valuation; Age; Health status; Health Economics and Policy; D61; D62; Q20; Q26.
Ano: 2002 URL: http://purl.umn.edu/10769
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Les benefices et les couts economiques de l'exploitation des gaz de shale au Quebec AgEcon
Gonzalez, Patrick.
Ce texte presente une esquisse des elements quie devrait inclure une analyse couts-benefices de la pertinence de developper la filiere de l'extraction du gaz de shale au Quebec. This article offers a sketch of the components that should include a costs-benefits analysis of developing or not a shale gas industry in Quebec.
Tipo: Working Paper Palavras-chave: Gaz de schiste; Analyse couts-benefices; Quebec; Shale gas; Costs-benefits analysis; Environmental Economics and Policy; Q30; Q34; D61.
Ano: 2012 URL: http://purl.umn.edu/120264
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Do Antibiotics Reduce Production Risk for U.S. Pork Producers? AgEcon
Liu, Xuanli; Miller, Gay Y.; McNamara, Paul E..
We combine econometric and financial analyses of the NAHMS 2000 Swine Survey data to examine whether evidence exists for reducing risk by using antibiotics for growth promotion (AGP) in the U.S. swine industry. A stochastic dominance analysis of alternative lengths of time (days) of AGP application reveals that AGP used in the range of 65—75 days is preferred by risk-averse producers. Risk is reduced and profits are increased from use of AGP. The combined impacts of increased average daily gain and decreased variability in pig live weight increase producer profits by $2.99 per pig marketed.
Tipo: Journal Article Palavras-chave: Antibiotics; Growth promotion; Pigs; Risk; Stochastic dominance; Variability; D21; D61; D81; Q12; R32.
Ano: 2005 URL: http://purl.umn.edu/42785
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Do Environmental Services Buyers Prefer Differentiated Rates? A Case Study from the Colombian Andes AgEcon
Moreno-Sanchez, Rocio del Pilar; Maldonado, Jorge Higinio; Wunder, Sven; Borda, Carlos Andres.
Flat user fees in payment for environmental services (PES) schemes promote administrative ease, and are sometimes perceived as egalitarian. However, when environmental service (ES) buyers are heterogeneous in their income and water consumption levels, this may not be optimal, as total payments become too low and services are under-supplied. This paper identifies ES buyer preferences and estimates their willingness to pay (WTP) differentiated fees in an ongoing PES initiative in an Andean watershed in Colombia. Small, flat user payments have recently been introduced to implement incipient watershed protection upstream. Environmental service users fall into two highly heterogeneous categories: smallholder peasants and owners of recreational houses. We...
Tipo: Working or Discussion Paper Palavras-chave: PES; WTP; Environmental services; Colombia; Watershed protection; Community/Rural/Urban Development; Demand and Price Analysis; Resource /Energy Economics and Policy; Q56; Q25; Q5; Q51; C25; D10; D12; D61; D63.
Ano: 2009 URL: http://purl.umn.edu/91171
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Prices vs. Quantities in Monopolistic Competition AgEcon
Vetter, Henrik.
In perfectly competitive markets taxes and quotas are fully equivalent measures for environmental protection. Based on this regulators' revealed preferences for quotas over that of fees finds its explanation in the procedures and spirits of political decision making. This paper offers another explanation: Ordinary welfare economic considerations make a quota preferable to a tax when regulating polluting firms in monopolistically competitive markets.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; D61; D62; D43.
Ano: 2000 URL: http://purl.umn.edu/24203
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The Social Discount Rate under Intertemporal Risk Aversion and Ambiguity AgEcon
Traeger, Christian P..
The social discount rate crucially determines optimal mitigation policies. This paper examines two shortcomings of the recent debate and the models on climate change assessment. First, removing an implicit assumption of (intertemporal) risk neutrality reduces the growth effect in social discounting and significantly amplifies the importance of risk and correlation. Second, debate and models largely overlook the difference in attitude with respect to risk and with respect to non-risk uncertainty. The paper derives the resulting changes of the risk-free and the stochastic social discount rate and points out the importance of even thin tailed uncertainty for climate change evaluation.
Tipo: Working or Discussion Paper Palavras-chave: Ambiguity; Discounting; Expected utility; Intertemporal substitutability; Intertemporal risk aversion; Recursive utility; Risk aversion; Social discount rate; Uncertainty; Political Economy; Risk and Uncertainty; D61; D81; D90; H43; Q00; Q54.
Ano: 2009 URL: http://purl.umn.edu/55785
Registros recuperados: 45
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