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Credit Markets for Small Farms: Role for Institutional Innovations AgEcon
Pillarisetti, Satish; Mehrotra, Nirupam.
Indian agriculture is characterized by the predominance of smallholders. This paper seeks to examine the access of small holders to agriculture credit in the context of financial sector reforms in India in the nineties. It explores the role of institutional and non institutional agencies in extending agriculture credit to the smallholder and the ground realities as revealed by recent data sets. The nineties also saw the unfolding of the largest microfinance programme in the world in India. While this was very successful in bringing micro enterprises under the credit purview, it was unable to cater to the need for agriculture credit. This paper examines the reasons for this and suggests that newer kinds of institutional innovations in the Pilot stage like,...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture credit; Farm Size; Land Economics/Use; Q1; Q15.
Ano: 2009 URL: http://purl.umn.edu/52858
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Combinatorial optimisation of a large, constrained simulation model: an application of compressed annealing AgEcon
Doole, Graeme J.; Pannell, David J..
Simulation models are valuable tools in the analysis of complex, highly constrained economic systems unsuitable for solution by mathematical programming. However, model size may hamper the efforts of practitioners to efficiently identify the most valuable configurations. This paper investigates the efficacy of a new metaheuristic procedure, compressed annealing, for the solution of large, constrained systems. This algorithm is used to investigate the value of incorporating a sown annual pasture, French serradella (Ornithopus sativa Brot. cv. Cadiz), between extended cropping sequences in the central wheat belt of Western Australia. Compressed annealing is shown to be a reliable means of considering constraints in complex optimisation problems in...
Tipo: Conference Paper or Presentation Palavras-chave: Combinatorial optimisation; Crop rotation; Simulated annealing; Research Methods/ Statistical Methods; C63; Q15.
Ano: 2007 URL: http://purl.umn.edu/10438
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Forest Carbon Sequestration: Some Issues for Forest Investments AgEcon
Sedjo, Roger A..
A major problem being faced by human society is that the global temperature is believed to be rising due to human activity that releases carbon dioxide to the atmosphere; i.e., global warming. The major culprit is thought to be fossil fuel burning, which is releasing increasing amounts of carbon dioxide in the atmosphere. The problem of increasing atmospheric carbon dioxide can be addressed a number of ways. One of these is forestry and forest management. This paper examines a number of current issues related to mitigating the global warming problem through forestry. First, the overall carbon cycle is described, and the potential impact of forests on the buildup of atmospheric carbon is examined. A major focus is the means by which forests and forest...
Tipo: Working or Discussion Paper Palavras-chave: Forests; Carbon; Sinks; Sequestration; Forest management; Kyoto Protocol; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10571
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Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta AgEcon
Anderson, John D.; Parkhurst, Gregory M..
Changes to commodity programs in the 2002 Farm Bill increased the value of crop base acreages on which decoupled payments are received. The bill also expanded the availability of key conservation programs. This paper compares the value of payments from commodity programs (along with continued crop production) to the easement payment (and recreational lease revenue) available under the Wetland Reserve Program. A net present value model using risk-adjusted returns is employed in the analysis for Mississippi delta cropland containing rice, cotton, and soybean base. Sensitivity analysis is conducted on some of the key variables affecting the decision.
Tipo: Journal Article Palavras-chave: Conservation; Countercyclical payment; Direct payment; Net present value; WRP; Q12; Q15; Q18; C15.
Ano: 2004 URL: http://purl.umn.edu/43390
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Are Agricultural Values a Reliable Guide in Determining Landowners’ Decisions to Create Carbon Forest Sinks? AgEcon
Shaikh, Sabina L.; Sun, Lili; van Kooten, G. Cornelis.
This research examines the effects of various factors on farmer participation in agricultural tree plantations for economic, environmental, social and carbon-uptake purposes, and potential costs of sequestering carbon through afforestation in western Canada. Using data from a survey of landowners, a discrete choice random utility model is used to determine the probability of landowners’ participation and corresponding mean willingness to accept (WTA) compensation for a tree-planting program. WTA includes positive and negative benefits to landowners from planting trees, benefits not captured by foregone returns from agricultural activities on marginal land. Estimates of WTA are less than foregone returns, but even so average costs of creating carbon credits...
Tipo: Working or Discussion Paper Palavras-chave: Willingness to accept compensation for tree planting; Afforestation; Climate change; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Q15; Q23; Q54.
Ano: 2005 URL: http://purl.umn.edu/37017
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Valoracion de bienes ambientales complejos: una alternativa multicriterio AgEcon
Gomez-Limon, Jose Antonio; Barreiro-Hurlé, Jesús.
RESUMEN La valoración económica de bienes ambientales complejos presenta una serie de aspectos problemáticos. Este trabajo se centra en dos de ellos: la linealidad de los atributos en función de valor de estos bienes y la heterogeneidad en las funciones de utilidad de los individuos. Para ello se propone una metodología basada en la Teoría de la Utilidad Multiatributo que permite contrastar la importancia dada a estos aspectos. Dicha metodología se aplica a un espacio natural protegido en la provincia de Granada. De los resultados se puede concluir que la no-linealidad de los atributos y la heterogeneidad de las funciones de utilidad individuales son aspectos relevantes en la valoración de bienes ambientales. ABSTRACT Economic valuation of comlex...
Tipo: Journal Article Palavras-chave: Complex environmental goods; Heterogeneity; Attribute non-lineartiy; Multiattribute utility; Valuation; Bienes ambientales complejos; Heterogeneidad; Linealidad de atributos; Utilidad multiatributo; Valoracion; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q15; Q18; Q25.
Ano: 2007 URL: http://purl.umn.edu/7055
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REGULATING IRRIGATION VIA BLOCK-RATE PRICING: AN ECONOMETRIC ANALYSIS AgEcon
Bar-Shira, Ziv; Finkelshtain, Israel; Simhon, Avi.
In this paper, we adapt Burtless and Hausman’'s (1978) methodology in order to estimate farmer's’ demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical challenges raised by increasing block rate pricing and accounts for both observed and unobserved technological heterogeneity among farmers. Employing a micro panel data documenting irrigation levels and prices in 185 Israeli agricultural communities in the period 1992-1997 we estimate water demand elasticity at -–0.3 in the short run (the effect of a price change on demand within a year of implementation) and –-0.46 in the long run. We also find that, in...
Tipo: Working or Discussion Paper Palavras-chave: Block-Rate Pricing; Irrigation; C13; Q15; Q28; Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/14982
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The Impact of Natural Amenity on Farmland Values: A Quantile Regression Approach AgEcon
Uematsu, Hiroki; Mishra, Ashok K..
The objective of this study is to estimate the impact of natural amenity on farmland values in the contiguous United States using a quantile regression approach and data from the 2006, 2007, and 2008 Agricultural Resource Management Surveys. The contribution of this study is three-fold. First, we explicitly include variables representing natural amenity and soil characteristics of farmland. Second, we employ a quantile regression approach to examine potentially heterogeneous impacts of natural amenity and soil characteristics at different quantiles of farmland values. Third, we utilized data from a nationwide survey of farm household to examine findings in studies using regional data are consistent at a national scale. Our quantile regression analysis...
Tipo: Presentation Palavras-chave: Farmland Values; Quantile Regression; Natural Amenity; Environmental Economics and Policy; Land Economics/Use; C14; Q15; Q24.
Ano: 2012 URL: http://purl.umn.edu/119804
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Modelling the Impact of Decoupling on Structural Change in Farming: Integrating Econometric Estimation and Optimisation AgEcon
Hennessy, Thia C.; Rehman, Tahir.
Implementation of the Mid Term Review of the Common Agricultural Policy on farming in Europe is expected, and intended, to initiate structural changes in European agriculture. This impact of the agricultural policy reform will be triggered at the farm level with both up- and down-stream effects for agriculture in Europe. Modelling such a phenomenon is challenging. An integrated modelling approach, involving farm level optimisation models and exogenously estimated econometric models of farmer behaviour, is developed for Ireland; this framework is a general one and is applicable elsewhere. Entry and exit from farming, postulated as the main consequences of the policy reform, are estimated exogenously to determine their role in the allocation of farm labour....
Tipo: Conference Paper or Presentation Palavras-chave: Common Agricultural Policy; Decoupling; Farm Level Modelling; Linear Programming; Succession; Labour Allocation; Agricultural and Food Policy; C6; Q12; Q15; Q58.
Ano: 2006 URL: http://purl.umn.edu/25271
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Institutional Impediments to Groundwater Trading: the case of the Gnangara groundwater system of Western Australia AgEcon
Skurray, James H.; Pandit, Ram; Pannell, David J..
The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies influencing groundwater transfers in a case-study area -- the Gnangara groundwater system around Perth, Western Australia -- and identify significant impediments to a groundwater market. Property rights are found to be conditional, temporary, and vulnerable to amendment. Regulatory approval is required for all transfers. Facilitating infrastructure is lacking, and price information is unavailable. Management area boundaries reflect land ownership and use rather than...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy; Institutional and Behavioral Economics; Land Economics/Use; Political Economy; Public Economics; Resource /Energy Economics and Policy; Q15; Q25; Q28; Q38; Q56; Q57; Q58; D02; R52; H41; H23; H11; D23; D47; D78; H44.
Ano: 2011 URL: http://purl.umn.edu/117825
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Contracting for Environmental Property Rights: The Case of Vittel AgEcon
Depres, Christophe; Grolleau, Gilles; Mzoughi, Naoufel.
Based on an authentic case of contracting for environmental property rights, our paper shows several implications of applying the Coase’s propositions. The case study adds empirical content to basic transaction costs concepts by analyzing the design and implementation of a contractual arrangement between a pollutee –a bottler of mineral water Vittel– and several polluting farmers. We analyze the bargaining between land and water rights owners and the bottler Vittel to determine how transaction cost issues (valuation disputes, bi-lateral monopoly conditions, and third-party effects) were overcome and how they succeeded in contracting for environmental property rights. We provide several comparisons of the Vittel case with other similar cases, leading to...
Tipo: Conference Paper or Presentation Palavras-chave: Case study; Contracting; Environmental property rights; Environmental-related transactions; Private arrangement; Vittel; Environmental Economics and Policy; H23; K23; Q15; Q25.
Ano: 2005 URL: http://purl.umn.edu/24729
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Educação, concentração fundiária e desigualdade de rendimentos no meio rural brasileiro AgEcon
Ney, Marlon Gomes; Hoffmann, Rodolfo.
The paper analyses the effects of rural income determinants, in particular of human capital and physical capital. Besides the earnings equation estimated for persons occupied in agriculture, the paper also analyzes earnings regressions for persons occupied in the industry and service sectors. The results show that physical capital is the main determinant of earnings in Brazilian agriculture, but schooling is the most important determinant of earnings for persons occupied in rural non-farm activities and for all persons living in rural areas.
Tipo: Journal Article Palavras-chave: Income; Human capital; Physical capital; Rural; Brazil.; Agribusiness; Q15; D31.
Ano: 2009 URL: http://purl.umn.edu/60818
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A Spatial-Intertemporal Model for Tropical Forest Management Applied to Khao Yai National Park, Thailand AgEcon
Albers, Heidi J..
This paper discusses the application of a spatial-intertemporal model for tropical forest management to Khao Yai National Park in Thailand. This type of model, especially the spatial components, finds different optimal land allocations than do traditional models at empirically relevant levels of benefits. The spatial analysis here suggests that most of this park can be best used as a preserved area and also provides support for expanding the park into an adjacent unpopulated area. The analysis demonstrates that the park's benefits to regional agriculture and villagers are large enough that preservation can proceed without international support, and that local people, as a group, have incentives to maintain most of the area as preserved land. Although the...
Tipo: Working or Discussion Paper Palavras-chave: Parks; Protected areas; People-park conflict; Spatial; Biodiversity; Option value; Resource /Energy Economics and Policy; Q2; Q15; O13.
Ano: 2001 URL: http://purl.umn.edu/10751
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Farmland Conservation in the Netherlands and British Columbia, Canada: A Comparative Analysis Using GIS-Based Hedonic Pricing Models AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
As a result of urban development farmland in many countries is under pressure. Reasons to preserve farmland are related to cultural heritage, food safety, open space, the environment, but also slowing and restricting development is a reason. To protect farmland countries use different land use policies. This paper will look specifically at two jurisdictions: The Netherlands and a particularly rich farming area in British Columbia, Canada. For these areas we will investigate how the institutions and laws present in these jurisdictions contribute to agricultural land preservation. We will analyse farmland values in a GIS-based hedonic pricing framework to answer this question. This combination enables us to analyse direct impacts of laws and regulations...
Tipo: Working or Discussion Paper Palavras-chave: Hedonic pricing models; Zoning policies; Geographical Information System; Agricultural land values at the urban fringe; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Q10; Q15; R52.
Ano: 2007 URL: http://purl.umn.edu/37045
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THE AGRICULTURAL POLICY SIMULATOR (AGRIPOLIS) – AN AGENT-BASED MODEL TO STUDY STRUCTURAL CHANGE IN AGRICULTURE (VERSION 1.0) AgEcon
Happe, Kathrin; Balmann, Alfons; Kellermann, Konrad.
A central criticism common to agricultural economic modelling approaches for policy analy-sis is that they do not adequately take account of a number of characteristic factors of the agri-cultural sector. This concerns aspects like the immobility of land, heterogeneity of farms, in-teractions between farms, space, dynamic adjustment processes as well as dynamics of struc-tural change. In brief, modelling the complexity of the system has not been at the centre of interest. In terms of modelling complex economic systems, an agent-based modelling ap-proach is a suitable approach to quantitatively model and understand such systems in a more natural way. In the same way, this applies to the modelling of agricultural structures. In par-ticular, agent-based...
Tipo: Working or Discussion Paper Palavras-chave: Agent-based systems; Multi-agent systems; Policy analysis; Structural change; Simulation; Agentenbasierte Systeme; Politikanalyse; Dynamische An-passungsprozesse und Strukturwandel. Kurz; Multi-Agentensysteme; Struktur-wandel; Agricultural and Food Policy; Q12; Q15.
Ano: 2004 URL: http://purl.umn.edu/14886
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Generating Global Crop Distribution Maps: From Census to Grid AgEcon
You, Liangzhi; Wood, Stanley; Wood-Sichra, Ulrike.
In order to evaluate food security, technology potential and the environmental impacts of production in a strategic and regional context, it is critical to have reliable information on the spatial distribution and coincidence of people, agricultural production, and environmental services. This paper proposes a spatial allocation model for generating highly disaggregated, crop-specific production data by a triangulation of any and all relevant background and partial information. This includes national or sub-national crop production statistics, satellite data on land cover, maps of irrigated areas, biophysical crop suitability assessments, population density, secondary data on irrigation and rainfed production systems, cropping intensity, and crop prices....
Tipo: Conference Paper or Presentation Palavras-chave: Global; Cross entropy; Satellite image; Spatial allocation; Agricultural production; Crop suitability; Crop Production/Industries; C6; Q15; Q24.
Ano: 2006 URL: http://purl.umn.edu/25737
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Landowner response to policies regulating land improvements: lease or search for other options? AgEcon
Eija, Pouta; Sami, Myyra; Kyosti, Pietola.
Land improvements with long pay-back periods are often delayed on leased agricultural land, resulting in social costs through land degradation, decreased land productivity and environmental problems. An important question is thus how landowners would respond to regulations and mandates concerning land improvements. Based on a landowner survey, we analyse landowner choices under certain land improvement regulations, using the currently dominant choice of leasing land for agricultural use as the benchmark. The results indicated that land leasing will continue to increase in the future, but if the landowner mandate to co-finance costly land improvements is increased, landowners are predicted to respond significantly to these mandates and search for other land...
Tipo: Conference Paper or Presentation Palavras-chave: Contingent behaviour; Latent class model; Landlord; Land use; Heterogeneity; Land Economics/Use; Q15; Q24; Q28.
Ano: 2011 URL: http://purl.umn.edu/114770
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An Application of Mixed Logit Estimation in the Analysis of Producers’ Stated Preferences AgEcon
Kipperberg, Gorm; Bond, Craig A.; Hoag, Dana L..
This paper analyzes Colorado Corn producers’ preferences over both private- and environmental public-good production system attributes. Current production practices are characterized by intensive water and chemical use, resulting in non-point source pollution to water bodies as well as soil erosion problems. Data from a stated preference survey are employed to analyze key attributes of experimentally configured irrigation systems, proposed as alternatives to current practices. Panel mixed logit estimations find positive preferences for profit, risk reduction, and, importantly, systems with less environmental impact in terms of nitrate leaching and soil erosion. The results also find presence of significant preference heterogeneity and a complementary...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural production; Profit-maximization; Environment; Mixed logit; Stated preference; Attribute part-worth; Nitrate leaching; Soil erosion; Risk; Crop Production/Industries; C10; D62; Q12; Q15; Q51.
Ano: 2008 URL: http://purl.umn.edu/108719
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South Dakota Agricultural Land Market Trends 1991-2012 AgEcon
Janssen, Larry; Pflueger, Burton.
Agricultural land values and cash rental rates in South Dakota, by region and by state, are the primary topics of this report. The target audiences for this report are farmers and ranchers, landowners, agricultural professionals (lenders, rural appraisers, professional farm managers), and policy makers interested in agricultural land market trends. This report contains the results of the 2012 SDSU South Dakota Farm Real Estate Market Survey, the 22nd annual SDSU survey developed to estimate agricultural land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Technical Report Palavras-chave: Ag land; Farmland; Acreage; Cropland; Land ownership; Land use; Land tenure; Ranchland; Rental rates; Cash rent; Land values; Agricultural Finance; Farm Management; Land Economics/Use; Q15.
Ano: 2012 URL: http://purl.umn.edu/123843
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MCDM Farm System Analysis for Public Management of Irrigated Agriculture AgEcon
Gomez-Limon, Jose Antonio; Berbel, Julio; Arriaza Balmón, Manuel.
In this paper we present a methodology within the multi-criteria paradigm to assist policy decision-making on water management for irrigation. In order to predict farmers' response to policy changes a separate multi-attribute utility function for each homogeneous group, attained applying cluster analysis, is elicited. The results of several empirical applications of this methodology suggest an improvement of the ability to simulate farmers' decision-making process compared to other approaches. Once the utility functions are obtained the policy maker can evaluate the differential impacts on each cluster and the overall impacts in the area of study (i.e. a river basin) by aggregation. On the empirical side, the authors present some studies for different...
Tipo: Conference Paper or Presentation Palavras-chave: Multi-attribute utility theory; Water management; Irrigation; Policy analysis; Agricultural and Food Policy; Q25; Q15; C61.
Ano: 2005 URL: http://purl.umn.edu/24676
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