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| Registros recuperados: 30 | |
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| Wasson, James; McLeod, Donald M.; Bastian, Christopher T.; Rashford, Benjamin S.. |
| Ascribing land value solely to productive capacity does not accurately capture the impact environmental amenities provide on western land prices. Agricultural land prices in Wyoming are estimated using a hedonic price model and Geographic Information Sciences (GIS) data. These GIS measurements include on-parcel wildlife and fish habitat, viewscape attributes and distance to protected federal lands. A feasible generalized least squares (FGLS) approach is used to address both spatial autocorrelation and heteroscedasticity. The estimation is robust and highly significant. Results indicate that amenities as well as productivity are significant in explaining land values for the sample analyzed. Such information is useful for landscape management in the face of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy; Land Economics/Use. |
| Ano: 2010 |
URL: http://purl.umn.edu/61597 |
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| Bastian, Christopher T.; Koontz, Stephen R.; Menkhaus, Dale J.. |
| Mandatory price reporting legislation will make available to the public on a weekly basis information on terms of trade for forward contracts. The new information will provide marketing intentions details that were previously unavailable to agents in the fed cattle market. An experiment was designed to assess the potential impacts of this new information on price discovery and production efficiency. Results suggest that the proposed new information will reduce price level, reduce price dispersion, and improve production efficiency. Prices may be reduced as information risks are reduced for both buyers and sellers in the fed cattle market. This result may not be popular among sellers in the market. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 2001 |
URL: http://purl.umn.edu/18969 |
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| Miller, Ashley D.; Bastian, Christopher T.; McLeod, Donald M.; Keske, Catherine M.; Hoag, Dana L.. |
| Open space provides a range of benefits to many people of a community, beyond the benefits that accrue to private landowners. Parks and natural areas can be used for recreation; wetlands and forests supply storm-water drainage and wildlife habitat; farms and forests provide aesthetic benefits to surrounding residents. Moreover, undeveloped land can give relief from congestion. Agricultural lands are an important source of open space, but many of these lands are under great development pressure. One tool that is currently being used to aid in the preservation of open space by landowners is conservation easements. The rate of land protection by state and local land trusts has tripled since the beginning of the decade, and the West is the fastest growing... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2008 |
URL: http://purl.umn.edu/6724 |
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| Menkhaus, Dale J.; Bastian, Christopher T.; Phillips, Owen R.; O'Neill, Patrick D.. |
| Laboratory experimental methods are used to investigate the impacts of supply and/or demand risks on prices, quantities traded, and earnings within forward and spot market institutions. Random demand and/or supply shifts can be as much as 25 percent of the expected equilibrium outcome. Nevertheless, results suggest that the spot or forward trading institution itself has a greater influence on market outcomes than the presence of risk within the trading institutions. Sellers tend to have relatively higher earnings in a spot market than buyers, regardless of the risk. Total surplus, however, generally is greater in a forward market. |
| Tipo: Journal Article |
Palavras-chave: Laboratory markets; Forward market; Spot market; Supply and/or demand risks; Demand and Price Analysis; Marketing. |
| Ano: 2000 |
URL: http://purl.umn.edu/15388 |
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| Registros recuperados: 30 | |
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