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| Torell, L. Allen; Rimbey, Neil R.; Tanaka, John A.; Bailey, Scott A.. |
| The economic impact of changing land-use policies has traditionally been estimated using the standard economic model of profit maximization. Ranchers are assumed to maximize profit and to adjust production strategies so as to continue maximizing profit with altered policies. Yet, nearly 30 years of research and observation have shown that family, tradition, and the desirable way of life are the most important factors in the ranch purchase decision - not profit. Ranch buyers want an investment they can touch, feel, and enjoy, and they historically have been willing to accept relatively low returns from the livestock production. Profit maximization appears to be an inadequate model for explaining rancher behavior, describing grazing land use, and estimating... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/16629 |
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| Tanaka, John A.; Genter, Bradley J. |
| Policy analysis and planning requires that we know what the likely responses of affected parties to given policy changes. We conducted a random survey of ranchers holding 1998 public land grazing permits in all western states to determine the social and economic characteristics of permit holders, to assess their attitudes about public land policies, and to gauge their responses to three policies related to public land grazing. Respondents were asked how their operations would change due to three different levels of AUM reductions, three different grazing fee increases, and to changes in allowed season of use. The respondents were clustered into eight different types of ranchers using management objective, education, business organization, ranch size,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/16633 |
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| Torell, L. Allen; Rimbey, Neil R.; Bartlett, E. Tom; Van Tassell, Larry W.; Tanaka, John A.. |
| The federal grazing fee is currently set using the Public Rangeland Improvement Act (PRIA) fee formula established in 1978 and modified in 1986. The formula is adjusted annually using indices of private land grazing lease rates (Forage Value Index, FVI), prices received for beef cattle (Beef Cattle Price Index, BCPI), and costs of beef production (Prices Paid Index, PPI). The FVI tracks price movement in the private forage market and was the only index originally proposed to be included in the fee formula. Public land ranchers and an Interdepartmental Grazing Fee Technical Committee assigned to study grazing fee alternatives in the 1960s questioned the ability of the FVI to account for short-term demand, supply, and price equilibrium, and, for this reason,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/16627 |
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