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Registros recuperados: 14
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Cointegration Tests of Spatial and Variety Price Linkages in Regional Dry Bean Markets AgEcon
Liang, Chyi-Lyi (Kathleen); Feuz, Dillon M.; Taylor, R. Garth.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1997 URL: http://purl.umn.edu/35787
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EMERGING AGRICULTURAL WATER CONSERVATION PRICE INCENTIVES AgEcon
Michelsen, Ari M.; Taylor, R. Garth; Huffaker, Ray G.; McGuckin, J. Thomas.
Recent Bureau of Reclamation policies encourage or require irrigation districts to adopt price conservation incentives. Using unpublished survey results and new district-level information, we examine the rate structures and incentives of district water pricing. Our findings reveal that the majority of districts use fixed charges independent of the quantity of water delivered and that most conservation rate structures recently implemented are designed so that the first tier quantity allocation satisfies most crop water needs. Although other district management objectives may be satisfied, price incentives are diminished or nonexistent. The question of whether conservation is being achieved is tautological and depends on how each district defines conservation.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1999 URL: http://purl.umn.edu/30871
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ESTIMATING THE VALUE OF RECREATION ON THE SNAKE RIVER RESERVOIRS USING A DISEQUILIBRIUM TRAVEL COST MODEL AgEcon
Johnson, Donn M.; McKean, John R.; Taylor, R. Garth.
Demand for outdoor recreation was analyzed at four Lower Snake River reservoirs for the purposes of measuring willingness-to-pay for outdoor recreation trips. Data were collected with a single mailing survey using a list of names and addresses collected from recreationists at the reservoirs during May through October, 1997. The survey resulted in 408 usable responses. Outdoor recreation demand was estimated using a disequilibrium labor market travel cost model that assumed recreationists did not (or could not) give up earnings in exchange for more free time for outdoor recreation. The travel cost demand model related outdoor recreation trips (from home to site) per year by groups of recreationists to the dollar costs of the trip, to the time costs of the...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/36523
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EVALUATING THE EFFECTIVENESS OF CONSERVATION WATER-PRICING PROGRAMS AgEcon
Huffaker, Ray G.; Whittlesey, Norman K.; Michelsen, Ari M.; Taylor, R. Garth; McGuckin, J. Thomas.
Charging farmers increasing block prices for irrigation deliveries is advocated as a means of encouraging agricultural water conservation in the West. We formulated a model of a hypothetical irrigated river basin to investigate the hyrdro-economic circumstances in which such pricing leads to water conservation. Our results indicate that increasing delivery prices may encourage irrigators to make adjustments with countervailing impacts on consumptive water use and conservation. Whether these countervailing impacts combine to conserve water or increase its consumptive use must be resolved empirically. An alternative resolution of this ambiguity is to assess water prices in terms of consumptive use.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/31174
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EVALUATING THE EFFECTIVENESS OF CONSERVATION WATER-PRICING PROGRAMS: REPLY AgEcon
Huffaker, Ray G.; Whittlesey, Norman K.; Michelsen, Ari M.; Taylor, R. Garth; McGuckin, J. Thomas.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/31193
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IRRIGATION DISTRICT ADOPTION OF WATER CONSERVING RATE STRUCTURES AgEcon
Michelsen, Ari M.; McGuckin, J. Thomas; Taylor, R. Garth; Huffaker, Ray G..
A binary choice model was used to identify the attributes that influence irrigation district adoption of conservation rate structures. Using principles of rate design and irrigation district administration as a framework, measures of irrigation district rate structure objectives and physical and economic conditions were developed. The factors investigated characterize the constraints under which districts operate, value and cost of water, quantity of water delivered and revenue risk for districts. Rate structure adoption was predicted with over 75% accuracy. Both significant and non-significant factors are key to understanding rate choice. Districts were more likely to adopt conservation rate pricing when the cost of water to farmers was greater, higher...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/20964
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Measuring the Location Value of a Recreation Site AgEcon
Taylor, R. Garth; McKean, John R.; Johnson, Donn M..
The demand for sport fishing on the Snake River reservoirs was estimated using the travel cost method. A short-run demand model was specified with location value for anglers who have the option to access a follow-on site if fishing conditions are poor. Willingness to pay for a fishing trip to the site was $18.52 for anglers who did not have a follow-on site and $43.48 for anglers who did. A location value of $24.96 accrued only to anglers with a follow-on site. Total annual site value was understated by as much as 40% ($0.78 million) if location value for anglers with a follow-on site was excluded from the benefit estimate.
Tipo: Journal Article Palavras-chave: Contingent behavior; Count data; Endogenous stratification; Follow-on site; Location value; Multiple destination; Option value; Short-run demand; Travel cost method; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61063
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OPTIMAL TEMPORAL AND SPATIAL SCHEDULING OF ARID-REGION WATER SUPPLY PROJECTS WITH NONRENEWABLE GROUNDWATER STOCKS AgEcon
Booker, James F.; Taylor, R. Garth; Young, Robert A..
Faced with explosive population and business growth, arid-area cities such as Las Vegas, Nevada, are scheduling water supply projects far into the next century. The city now relies on Nevada's small share of the Colorado River and meager local renewable water supplies. Substantial deposits of ground water of adequate quality located at some distance from the population center are a possible supply option. This paper develops a model for analyzing the economic feasibility and the optimal investment path for water supply for Las Vegas. We forecasted residential, industrial, and other municipal demands and the schedule of increasing costs of the water supply options. A dynamic programming model determines the optimal groundwater pumping projects in...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/20790
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RURAL-TO-URBAN WATER TRANSFERS: MEASURING DIRECT FOREGONE BENEFITS OF IRRIGATION WATER UNDER UNCERTAIN WATER SUPPLIES AgEcon
Taylor, R. Garth; Young, Robert A..
Irrigation water from a southeastern Colorado county has been sold to distant municipalities. The county's junior water right delivered limited and uncertain water supplies which were used on relatively poor soils. The ability of water markets to allocate water to the highest-valued use was addressed by assessing the direct foregone benefits of the transfer using deterministic and discrete stochastic sequential (DSSP) programming models. Crop mix predicted by the DSSP followed observed regional patterns. The DSSP was thus used to derive regional water demand from which foregone value was estimated. Direct regional foregone agricultural benefits were relatively low-due to uncertain water supplies and unproductive soils-indicating the market selected a...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1995 URL: http://purl.umn.edu/30769
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SPATIAL AND VARIETAL PRICE ANALYSIS OF DRY EDIBLE BEAN MARKETS AgEcon
Liang, Chyi-Lyi (Kathleen); Feuz, Dillon M.; Taylor, R. Garth.
Dry bean prices, as received by the grower and the dealer, were analyzed for four different production regions, and for two of the major varieties grown in the US. The dry bean price series were not stationary. Prices for each variety were cointegrated across the production regions and between grower and dealer markets. However causality tests failed to show the dominant regional variety as the price leader. Further, prices of the two varieties were not cointegrated, which indicated that growers would benefit from growing more than one variety at the same time.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/34517
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The Contribution of the Grape and Wine Industry to Idaho’s Economy: Agribusiness and Tourism Impacts AgEcon
Foltz, John C.; Woodall, Stacie; Wandschneider, Philip R.; Taylor, R. Garth.
The impact of Idaho’s wine and grape industry was assessed as an agribusiness and as a tourist industry. Idaho’s grape and wine industry is in its infancy, with wine sales of $15 million from 15 wineries and growers cultivating about 1,000 acres, primarily in southwestern Idaho’s Canyon County. Synthesized output multipliers for wine tourism were virtually identical to the agribusiness output multipliers (1.86 and 2.10 for Canyon County and the state of Idaho, respectively). The wine and grape industry’s agribusiness impact is $15 million in sales and 120 jobs in Idaho, and $23 million and 140 jobs for Canyon County. In contrast, tourism expenditures stimulate other businesses in addition to the agribusiness linkages of grape and wine production. Thus,...
Tipo: Journal Article Palavras-chave: Idaho; Impact analysis; Input/output models; Tourism; Wine; Wine agribusiness; Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Ano: 2007 URL: http://purl.umn.edu/62287
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The Demand for Wine Tourism in Canyon County, Idaho AgEcon
Taylor, R. Garth; Woodall, Stacie; Wandschneider, Philip R.; Foltz, John C..
Many commercial wineries produce a dual product: commercial wine and wine tourism. Since Idaho wineries charge no entry price, wine tourism demand can only be ascertained with a shadow price for winery visitation. Demand for wine tourism visits for Canyon County in southern Idaho was estimated using the travel cost method. Trip demand was inelastic (-0.4 to -0.6) with respect to own price. The average value of Canyon County wine tourism ranged from $6 to $12 per person per trip, depending upon the assumed opportunity cost of travel time. Elasticities of tastes and preferences, closely related goods, and income were estimated with a view to understanding the market for Idaho's emerging wine tourism industry.
Tipo: Journal Article Palavras-chave: Travel cost model; Wine tourism; Wine marketing; Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/8125
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THE VALUE OF SPORT FISHING IN THE SNAKE RIVER BASIN OF CENTRAL IDAHO AgEcon
McKean, John R.; Johnson, Donn M.; Taylor, R. Garth.
The value of sportfishing in the Snake River Basin in Central Idaho was measured using a two-stage/disequilibrium travel model. The two-stage/disequilibrium model does not require monetization of recreationists? travel time as required of traditional equilibrium labor market travel cost models. The model was estimated using Poisson regression, appropriate for count data when over-dispersion is absent, and adjusted for endogenous stratification (self selection bias) . Contrary to expectations that anglers living close to the sites with low values would be over represented in the sample, the endogenous stratification adjustment caused estimated consumers surplus to decline from $42 per person per trip before adjustment for endogenous stratification to $35...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/36190
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VALUING IDAHO WINERIES WITH A TRAVEL COST MODEL AgEcon
Woodall, Stacie; Wandschneider, Philip R.; Foltz, John C.; Taylor, R. Garth.
Many commercial wineries produce a dual product; commercial wine and wine tourism. Growth of wine tourism throughout the US has been phenomenal. In contrast to the price of wine, which is reflected in the market, the demand for wine tourism can be only ascertained with a shadow price for winery visitation. The demand for wine tourism visits for Canyon County in southern Idaho was estimated using the Travel Cost Method. The value of wine tourism in Canyon County was estimated to be $5.40 per person per trip and trip demand was highly inelastic at 0.5. Elasticities of other trip demand function variables were estimated and analyzed, with a view to informing the marketing of Idaho's emerging wine tourism industry.
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Crop Production/Industries.
Ano: 2002 URL: http://purl.umn.edu/36613
Registros recuperados: 14
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