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| Registros recuperados: 26 | |
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| Saak, Alexander E.; Peterson, Jeffrey M.. |
| Farm size is a significant determinant of both groundwater irrigated farm acreage and groundwater irrigation application rates per acre. This paper analyzes the patterns of groundwater exploitation when resource users in the area overlying a common aquifer are heterogeneous. In the presence of user heterogeneity, the common resource problem consists of inefficient dynamic and spatial allocation of groundwater because it impacts income distribution not only across periods but also across farmers. Under competitive allocation, smaller farmers pump groundwater faster if farmers have a constant marginal periodic utility of income. However, it is possible that larger farmers pump faster if the Arrow-Pratt coefficient of relative risk-aversion is sufficiently... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Common property resource; Groundwater; Majorization; Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/9798 |
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| Cader, Hanas A.; Marsh, Thomas L.; Peterson, Jeffrey M.. |
| This study focuses on estimating the variations in per-capita water consumption and predicting the shares of consumption by pricing blocks in eight Kansas regions. Previous studies have considered household or micro-level consumption, but few have focused on aggregate level consumption across different regions. A probit model was used to estimate the consumption shares in individual blocks for each region. Per-capita water consumption varies significantly across the regions and as we move from Western to Eastern Kansas, shares of lower consumption block decrease and higher consumption block likely to increase. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/36241 |
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| Wheeler, Erin A.; Golden, Bill B.; Johnson, Jeffrey W.; Peterson, Jeffrey M.. |
| Because of the decline of the Ogallala Aquifer, water districts, regional water managers, and state water officers are becoming increasingly interested in conservation policies. This study evaluates both short-term and long-term water rights buyout policies. This research develops dynamic production functions for the major crops in the Texas Panhandle. The production functions are incorporated into optimal temporal allocation models that project annual producer behavior, crop choices, water use, and aquifer declines over 60 years. Results suggest that long-term buyouts may be more economically efficient than short-term buyouts. |
| Tipo: Journal Article |
Palavras-chave: Dynamic production function; Nonlinear optimization; Ogallala Aquifer; Water rights buyout; Agribusiness; Environmental Economics and Policy; Q30; Q32; Q38. |
| Ano: 2008 |
URL: http://purl.umn.edu/46987 |
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| Boisvert, Richard N.; Peterson, Jeffrey M.. |
| A voluntary program is developed to achieve environmental goals through the self-interested choices of farmers under environmental risk and asymmetric information. Farmers behave to maximize expected net returns, and environmental quality standards are formulated through chance constraints. Because the government may not know each farmer's soil type, policy options must be self-selecting. The model is applied empirically to nitrate leaching and runoff from corn production in three New York regions. Asymmetric information between producers and the government would impose additional cost burdens on society, but these costs are modest in the context of other farm programs. |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2001 |
URL: http://purl.umn.edu/31421 |
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| Gelso, Brett R.; Peterson, Jeffrey M.. |
| Recent literature has combined Revealed (RP) and Stated Preference (SP) data in the Multinomial Logit Model (MNL) to estimate the value of environmental goods. However, emerging research has identified that a limitation of the MNL is the assumption of Independently and Identically Distributed (IID) errors, resulting in inaccurate model predictions and inconsistent utility parameters. Our analysis applies an alternative method to combine RP and SP data that takes into account the heterogeneity in both the observable and unobservable components of utility. This allows us to test whether such heterogeneity has an important effect on predicting behavioral choices. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Revealed and Stated Preference Data; Scale Factor; Environmental Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/34746 |
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| Ding, Ya; Peterson, Jeffrey M.. |
| This research analyzes two groundwater conservation policies in the Kansas High Plains located within the Ogallala aquifer: 1) cost-share assistance to increase irrigation efficiency; and 2) incentive payments to convert irrigated crop production to dryland crop production. To compare the cost-effectiveness of these two policies, a dynamic model simulated a representative irrigator’s optimal technology choice, crop selection, and irrigation water use over time. The results suggest that the overall water-saving effectiveness can be improved when different policy tools are considered under different conditions. High prevailing crop prices greatly reduce irrigators’ incentive to give up irrigation and therefore cause low enrollment and ineffectiveness of the... |
| Tipo: Article |
Palavras-chave: Cost-share program; Incentive payments; Ogallala aquifer; Dynamic optimization; Groundwater conservation; Environmental Economics and Policy; Q30; Q32; Q38. |
| Ano: 2012 |
URL: http://purl.umn.edu/123781 |
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| Peterson, Jeffrey M.; Fox, John A.; Leatherman, John C.; Smith, Craig M.. |
| Interest has grown in Water Quality Trading (WQT) as a means to achieve water quality goals, with more than 70 such programs now in operation in the United States. Substantial evidence exists that nonpoint sources can reduce nutrient loading at a much lower cost than point sources, implying the existence of gains from trade. Despite the potential gains, however, the most commonly noted feature of existing WQT markets is low trading volume, with many markets resulting in zero trades. This paper evaluates one explanation for the lack of participation from agricultural nonpoint sources. We test for and quantify the intangible costs that may deter farmers from trading even if the monetary benefits from doing so outweigh the observable out-of-pocket costs. We... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/9726 |
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| Registros recuperados: 26 | |
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