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NORTH DAKOTA LAND VALUATION MODEL AgEcon
Aakre, Dwight G.; Saxowsky, David M.; Vreugdenhil, Harvey G..
North Dakota agricultural land is valued for property tax purposes as the capitalized value of the landowner's share of gross revenue. This paper describes the data sources, assumptions, and current issues relative to operating the model. Note: Machine readable file does not include the 4 appendix pages-- contact authors for more information.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural land; Cropland; Tax; Assessed value; Valuation; Capitalization; Land value Note; Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/23083
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RESULTS OF THE NORTH DAKOTA LAND VALUATION MODEL FOR THE 2001 AGRICULTURAL REAL ESTATE ASSESSMENT AgEcon
Aakre, Dwight G.; Vreugdenhil, Harvey G..
This report summarizes the results of the North Dakota Land Valuation Model. This model is used annually to estimate average land values by county, based on the value of production produced on that land. The county land values developed from this procedure form the basis for the 2001 valuation of agricultural land for assessment of real estate taxes. The average all land value from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county's total agricultural land value. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. Each county is required by state statute to assess a total value of agricultural property within 5 percent of...
Tipo: Working or Discussion Paper Palavras-chave: Assessment; Capitalization rate; Land; Taxes; Valuation; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/23675
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Land Preservation in British Columbia: An Empirical Analysis of the Factors Underlying Public Support and Willingness to Pay AgEcon
Androkovich, Robert A.; Desjardins, Ivan; Tarzwell, Gordon; Tsogaris, Peter.
This study extends previous empirical research on land preservation by considering an actual land preservation scheme, the agricultural land reserve in British Columbia, Canada. The reserve was established in 1973 to ensure that development did not occur on the province’s most productive agricultural land. ‘To ensure that local food production is maintained,’ ‘the economic importance of British Columbia’s agricultural sector,’ and ‘to protect the environment’ are the most important factors that underlie support for the reserve. Aggregate, provincewide willingness to pay to maintain the land reserve is substantial, with our most conservative estimate being Can$91.18 million per year.
Tipo: Journal Article Palavras-chave: Agriculture; Contingent; Land; Preservation; Valuation; Agribusiness; Agricultural Finance; International Development; Resource /Energy Economics and Policy; Q15; Q24; Q28; Q51.
Ano: 2008 URL: http://purl.umn.edu/47273
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The Benefits of Air Pollutant Emissions Reductions in Maryland: Results from the Maryland Externalities Screening and Valuation Model AgEcon
Austin, David H.; Krupnick, Alan J.; Burtraw, Dallas; Stoessell, Terrell.
This paper reports the results of policy simulations of environmental and human health externalities arising from the production of electricity. The primary purpose of this paper is to illustrate the Maryland Externalities Screening and Valuation Model, developed for the State of Maryland's Department of Natural Resources. A secondary purpose is to estimate likely Maryland benefits from Title IV emissions reductions at electric power generation facilities. Sources and scope of benefits, and the potential of policy to achieve specific environmental and human health goals, are suggested by the results. We find that expected health benefits from reductions in power plant emissions dominate the estimated benefits of improved recreational visibility and...
Tipo: Working or Discussion Paper Palavras-chave: Integrated assessment; Health and environmental benefits; Valuation; Uncertainty; Environmental Economics and Policy; I81; Q24; Q25; Q26; Q49.
Ano: 1998 URL: http://purl.umn.edu/10825
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Economic Consequences of Pollinator Declines: A Synthesis AgEcon
Bauer, Dana Marie; Sue Wing, Ian.
This paper surveys the literature on pollinator declines and related concerns regarding global food security. Methods for valuing the economic risks associated with pollinator declines are also reviewed. A computable general equilibrium (CGE) approach is introduced to assess the effects of a global catastrophic loss of pollinators. There appears to be evidence supporting a trend towards future pollinator shortages in the United States and other regions of the world. Results from the CGE model show economic risks to both direct crop sectors and indirect non-crop sectors in the economy, with some amount of regional heterogeneity.
Tipo: Journal Article Palavras-chave: Ecosystem services; Pollinators; Food security; Valuation; Computable general equilibrium modeling; Environmental Economics and Policy; Food Security and Poverty; International Relations/Trade; Production Economics; Productivity Analysis; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/95903
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Practical application of the Ecosystem Service Approach (ESA): lessons learned and recommendations for the future ArchiMer
Beaumont, Nicola J; Mongruel, Remi; Hooper, Tara.
An Ecosystem Service Approach (ESA) is increasingly advocated for use in both environmental management and academic applications. However, despite extensive conceptual development, there are still very few examples of the effective use of the ESA for operational management. This contribution reports on the field application of the ESA at six marine and coastal case study sites. Each case study demonstrates a variation on an interdisciplinary approach to translate complex natural science data into ecosystem service terminology, and then explores the usefulness of this information in a management context. From these experiences 6 key recommendations are made to aid the future application of the ESA: (1) Invest resources in collective planning of ESA; (2)...
Tipo: Text Palavras-chave: Ecosystem services; Management; Coastal; Valuation; Uncertainty; Recommendation.
Ano: 2018 URL: https://archimer.ifremer.fr/doc/00420/53130/54088.pdf
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Modelos de valoracion en ambiente de incertidumbre AgEcon
Bellver, Jeronimo Aznar; Martinez, Francisco Guijarro.
Resumen En este trabajo se presentan diversos modelos de valoración en ambiente de incertidumbre que combinan información precisa e imprecisa. En el desarrollo de los mismos se ha extendido la técnica de programación por metas básica a modelos que permiten considerar intervalos en la expresión del precio o las variables explicativas del mismo, enunciando una serie de proposiciones con las que se obtiene un completo conocimiento sobre el grado de adecuación entre los valores observados en el precio y los valores estimados por la función de valoración. Así mismo, se ha formulado un índice de adecuación que permite comparar diferentes modelos obtenidos mediante la metodología propuesta. Palabras clave: Valoración, Incertidumbre, Programación por metas con...
Tipo: Journal Article Palavras-chave: Valuation; Uncertainty; Interval goal programming; Research Methods/ Statistical Methods; C61; G12; Q14.
Ano: 2004 URL: http://purl.umn.edu/28731
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Many Eyes on Nature: Diverse Perspectives in the Cape Horn Biosphere Reserve and Their Relevance for Conservation Ecology and Society
Berghoefer, Uta; Helmholtz Centre for Environmental Research - UFZ; uta.berghoefer@gmx.de; Rozzi, Ricardo; University of North Texas; Universidad de Magallanes (Chile); rozzi@unt.edu; Jax, Kurt; Helmholtz Centre for Environmental Research - UFZ; kurt.jax@ufz.de.
Relationships between humans and nature take multiple forms. This is a fundamental issue in conservation but one that is often neglected, leading to poor conservation outcomes. It is thus imperative that we come to understand better the complex relationships between humans and nature. To do so, we need to examine “nature” and the often assumed dichotomy between humans and nature. We conducted a qualitative social research inquiry to explore the societal relationships with nature in the Cape Horn Biosphere Reserve in Chile. From the results, we developed a framework that illustrates how different “natures” are created in the three-way relationship among the individual, society, and the physical world. We further...
Tipo: Peer-Reviewed Reports Palavras-chave: Biodiversity; Biosphere reserve; Chile; Conflicts; Conservation; Local ecological knowledge; Participation; Protected areas; Valuation.
Ano: 2010
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Global Compensation for Oil Pollution Damages: The Innovations of The American Oil Pollution Act AgEcon
Boyd, James.
Via technology and operations standards, U.S. regulation exerts an important influence over worldwide marine safety standards. But in addition, several other aspects of U.S. law deserve wider international consideration and adoption. First, the Oil Pollution Act's natural resource damage provisions are an innovative and effective way to deter marine pollution and provide for the restoration of injured ecological resources. Second, the relatively strict financial requirements imposed on marine transporters help ensure that polluters, rather than the public, pay if damage is caused. Liability and financial responsibility rules are not unknown in other countries. But the United States has a longer history with implementation and applies its rules more...
Tipo: Working or Discussion Paper Palavras-chave: Oil Pollution Act; Natural resource damages; Environmental liability; Financial assurance; Financial responsibility; Valuation; Farm Management; K13; K32; Q38.
Ano: 2004 URL: http://purl.umn.edu/10691
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Demand for Multimedia in the Classroom AgEcon
Boyer, Tracy A.; Briggeman, Brian C.; Norwood, F. Bailey.
This study elicits preferences for multimedia in the classroom for students and faculty members in agricultural economics. Employing an Internet-based conjoint ranking survey, the results show that students prefer multimedia instructional tools over a traditional chalkboard/whiteboard lecture format while faculty members do not. Neither students nor faculty members are enthusiastic about electronic textbooks, and students will accept them only if they save $80. Finally, preferences for multimedia are shown to differ with students who self-report differing note-taking abilities, preferences for chalkboard lectures, and the need for an engaging class. Successful multimedia adoption requires appropriate use and lowering costs for students.
Tipo: Journal Article Palavras-chave: Conjoint ranking; Instruction; Microeconomics; Multimedia instruction; Valuation; Demand and Price Analysis; Financial Economics; Institutional and Behavioral Economics; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession; A22; Q19.
Ano: 2009 URL: http://purl.umn.edu/56663
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Effects of methodology and stakeholder disaggregation on ecosystem service valuation Ecology and Society
Brooks, Emma G. E.; University of Southampton; Global Species Programme, IUCN (International Union for Conservation of Nature); emma.brooks@soton.ac.uk; Smith, Kevin G.; Global Species Programme, IUCN (International Union for Conservation of Nature); kevin.smith@iucn.org; Holland, Robert A.; University of Southampton; R.A.Holland@soton.ac.uk; Poppy, Guy M.; University of Southampton; G.M.Poppy@soton.ac.uk; Eigenbrod, Felix; University of Southampton; F.Eigenbrod@soton.ac.uk.
Contingent valuation is one of the most commonly used methodologies utilized in ecosystem service valuation, thereby including a participatory approach to many such assessments. However, inclusion of nonmonetary stakeholder priorities is still uncommon in ecosystem service valuations and disaggregation of stakeholders is all but absent from practice. We look at four site-scale wetland ecosystem service valuations from Asia that used nonmonetary participatory stated preference techniques from a range of stakeholders, and compare these prioritizations to those obtained from the largest monetary assessments available globally, the Ecosystem Service Value Database (ESVD). Stakeholder assessment suggests very different priorities to those from monetary...
Tipo: Peer-Reviewed Reports Palavras-chave: Ecosystem services; Participatory approach; Poverty alleviation; Stakeholders; Valuation; Wetlands.
Ano: 2014
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Analysis of Farm Household Preferences in the Management of Invasive Species: The Case of Miconia in Hawaii AgEcon
Chan-Halbrendt, Catherine; Yang, Fang; Thomas, Lynna; Pant, Archana.
A major threat to Hawaii's ecosystem is the spread of invasive plant species. One such species is Miconia calvescens. Given that this plant was originally introduced to Hawaii by the horticulture industry and has negative effects on agricultural productivity, it is logical to find the farm households' preference for the control of Miconia. Using Conjoint Choice Experiment methodology, this study designed a survey to measure farm households' preferences for Miconia calvescens control program attributes. Results of the surveys indicate that the farm households are willing to support Miconia control programs if they prevent severe soil erosion and loss of biodiversity.
Tipo: Journal Article Palavras-chave: Miconia; Invasive species; Hawaii; Farmers; Conjoint Choice Experiment; Valuation; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/8189
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Economic Valuation of Forest Ecosystem Services: Methodology and Monetary Estimates AgEcon
Chiabai, Aline; Travisi, Chiara M.; Ding, Helen; Markandya, Anil; Nunes, Paulo A.L.D..
By using ad hoc value transfer protocols, this paper offers a methodological contribution and provides accurate per hectare estimates of the economic value of some selected ecosystem services for all forest biomes in the world, identified following the Millennium Ecosystem Assessment taxonomy MEA. The research also estimates potential total economic losses from policy inaction in year 2050. Final results show that total losses are significant. The total figure is €78 billion, the greatest losses coming from North America and Mexico, followed by Africa, Russia and some Asiatic countries. Most of this loss is attributable to provisioning services and carbon sequestration, while only a minor part is due to loss of cultural services. In terms of biomes the...
Tipo: Working or Discussion Paper Palavras-chave: Forest; Ecosystem Services; Biodiversity; Valuation; Value Transfer; Environmental Economics and Policy; O13; Q23; Q26; Q51; Q54; Q57.
Ano: 2009 URL: http://purl.umn.edu/50361
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FLOODING RISK AND HOUSING VALUES: AN ECONOMIC ASSESSMENT OF ENVIRONMENTAL HAZARD AgEcon
Daniel, Vanessa; Florax, Raymond J.G.M.; Rietveld, Piet.
Climate change, the ‘boom and bust’ cycles of rivers, and altered water resource management practice have caused significant changes in the spatial distribution of the risk of flooding. Hedonic pricing studies, predominantly for the US, have assessed the spatial incidence of risk and the associated implicit price of flooding risk. Using these implicit price estimates and their associated standard errors, we perform a meta-analysis and find that houses located in the 100-year floodplain have a –0.3 to –0.8% lower price. The actual occurrence of a flooding event or increased stringency in disclosure rules causes ex ante prices to differ from ex post prices, but these effects are small. The marginal willingness to pay for reduced risk exposure has increased...
Tipo: Working or Discussion Paper Palavras-chave: Valuation; Environmental risk; Meta-analysis; Hedonic pricing; Environmental Economics and Policy; Land Economics/Use; D81; Q51; Q54.
Ano: 2007 URL: http://purl.umn.edu/7333
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On the Valuation of Companies with Growth Opportunities AgEcon
Dapena, Jose Pablo.
Each company faces day to day investment opportunities. Just by staying in business the company is taking a decision of reinvesting capital. These opportunities have to be fairly valued to overcome misallocation of resources. A project with high growth opportunities requires high reinvestments to take full advantage of them until it reaches its mature stage. These investments can be seen as a succession of call options on future growth. When a company with such prospects is valued using the discounted cash flow technique and growth is taken implicitly in the growing cash flows and the residual value, the value thus obtained will be higher than the true one (under certain circumstances). Technology advances and the effects of globalization create enormous...
Tipo: Journal Article Palavras-chave: Real options; Valuation; Contingent claims valuation; Financial Economics; G12.
Ano: 2003 URL: http://purl.umn.edu/44040
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Recuperação, melhoramento e manejo de pastagens na região de Paragominas, Pará: resultados de pesquisa e algumas informações práticas. Infoteca-e
DIAS FILHO, M. B.; SERRÃO, E. A. S..
bitstream/item/42089/1/Documentos-5-CPATU.pdf
Tipo: Documentos (INFOTECA-E) Palavras-chave: Formação; Rufa; Recuperação; Avaliação; Quicuio da amazônia; Jaragua; Paragominas; Pará; Brasil; Pasture; Management; Grass; Formation; Recuperation; Valuation; Fertilizer; Leguminous; Spittlebugs; Forage crop.; Adubação; Brachiaria Humidicola; Capim Colonião; Cigarrinha; Gramínea; Leguminosa; Manejo; Melhoramento; Panicum Maximum; Pastagem; Planta Forrageira.; Hyparrhenia; Amazonia; Breeding..
Ano: 1982 URL: http://www.infoteca.cnptia.embrapa.br/infoteca/handle/doc/382338
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Introdução e avaliação de gramíneas forrageiras na região de Paragominas, Estado do Pará. Infoteca-e
DIAS FILHO, M. B.; SERRÃO, E. A. S..
bitstream/item/33538/1/CPATU-CirTec17.pdf
Tipo: Circular Técnica (INFOTECA-E) Palavras-chave: Avaliação; Introdução; Adubação fosfatada; Capim quicuio-da-amazonia; Jaragua; Coloniao; Colonial guinea; Paragominas; Pará; Brasil; Forage crop; Grass; Valuation; Introduction; Production; Dry matter; Phosphate fertilizer; Yield.; Brachiaria Humidicola; Cálcio; Fósforo; Gramínea; Hyparrhenia Rufa; Matéria Seca; Panicum Maximum; Produtividade; Planta Forrageira; Produção.; Amazonia; Calcium; Phosphorus..
Ano: 1981 URL: http://www.infoteca.cnptia.embrapa.br/infoteca/handle/doc/379476
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Avaliação preliminar do comportamento de cultivares de sorgo sacarino em Capitão Poço-PA. Infoteca-e
DINIZ, T. D. de A. S.; BARRIGA, R. H. M. P..
bitstream/item/33800/1/CPATU-CirTec32.pdf
Tipo: Circular Técnica (INFOTECA-E) Palavras-chave: Sorgo sacarino; Avaliacao; Cultivar; Campo Experimental de Capitao Poco; Pará; Brasil; Valuation; Stalk; Production; Variety; Sugar.; Açúcar; Colmo; Floração; Produção.; Amazonia; Flowering; Brix; Sweet sorghum..
Ano: 1982 URL: http://www.infoteca.cnptia.embrapa.br/infoteca/handle/doc/381806
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Introdução e avaliação de forrageiras em áreas de cerrado do Território Federal do Amapá. Infoteca-e
DUTRA, S.; SOUZA FILHO, A. P.; SERRÃO, E. A. S..
bitstream/item/33535/1/CPATU-CirTec14.pdf
Tipo: Circular Técnica (INFOTECA-E) Palavras-chave: Avaliacao; Introducao; Desenvolvimento; Capim quicuio-da-amazonia; Amapa; Brasil; Forage crop; Grass; Leguminous; Valuation; Introduction; Productivity; Development; Dray matter.; Brachiaria Humidicola; Gramínea; Leguminosa; Matéria Seca; Planta Forrageira; Produtividade.; Stylosanthes.; Amazonia.
Ano: 1980 URL: http://www.infoteca.cnptia.embrapa.br/infoteca/handle/doc/378563
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A CONJOINT ANALYSIS OF WATERFOWL HUNTING IN LOUISIANA AgEcon
Gan, Christopher E.C.; Luzar, E. Jane.
Conjoint analysis, widely used in marketing research, offers an alternative resource valuation approach suited to outdoor recreation activities characterized as multiattribute. Design, implementation, and interpretation of conjoint analysis are reviewed in the context of recreation applications. Conjoint analysis is used in an analysis of waterfowl hunting in Louisiana. Using primary data collected from a survey of waterfowl hunters, ordered logit is used to estimate willingness-to-pay for recreation experience attributes.
Tipo: Journal Article Palavras-chave: Conjoint analysis; Recreation demand; Waterfowl hunting; Valuation; Resource /Energy Economics and Policy.
Ano: 1993 URL: http://purl.umn.edu/15044
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