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| Registros recuperados: 35 | |
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| Wu, JunJie; Mapp, Harry P., Jr.; Bernardo, Daniel J.. |
| A dynamic model is developed to analyze farmers' irrigation investment and crop choice decisions under alternative water quality protection policies. The model is applied to an empirical example in the Oklahoma High Plains. The choices of crops and irrigation systems and the resulting levels of irrigation, income, and nitrogen runoff and percolation are simulated over a ten-year period. An effluent tax on nitrogen runoff and percolation is shown to be effective in reducing nitrate pollution. The efficacy of cost sharing in adopting modern irrigation technologies and restrictions on irrigation water use depends on soil type. A tax on nitrogen use is shown to be the least effective policy. |
| Tipo: Journal Article |
Palavras-chave: Crop selection; Dynamic optimization; Irrigation investment; Water quality; Crop Production/Industries. |
| Ano: 1994 |
URL: http://purl.umn.edu/15167 |
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| Wu, JunJie; Adams, Richard M.; Plantinga, Andrew J.. |
| This paper analyzes the effect of open space and other amenities on housing prices and development density within the framework of an urban equilibrium model. The model is estimated as a system of equations that includes households' residential choice decisions and developers' development decisions and emphasizes the importance of amenities in the formation of development patterns and property values. The model is applied to Portland, Oregon, where ambitious open space programs have been implemented. The results suggest that amenities are important: households are willing to pay more for newer houses located in areas of less dense development, with more open space, better views, less traffic congestion, and near amenity locations. For the developer,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development; R11; R21; R31. |
| Ano: 2003 |
URL: http://purl.umn.edu/21961 |
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| Watanabe, Michio; Adams, Richard M.; Wu, JunJie. |
| This research examines a spatially explicit allocation of habitat restoration activities in an Oregon watershed to meet water temperature targets for the benefit of endangered salmonid fish species. Integrating hydrological, biological and economic models, a series of optimization problems are investigated for different policy targets including temperature reductions and enhanced fish populations. Results indicated that the heterogeneous nature of riparian conditions and stream morphology needs to be considered if restoration activities are to be allocated efficiently in a watershed. We also found that it is less costly to implement restoration activities in tributaries if the objective is to maximize stream length where water temperatures decrease by a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/21995 |
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| Cho, Seong-Hoon; Wu, JunJie. |
| This paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The method is applied to communities in a Portland metropolitan area with an extension of public-good provision to include environmental amenities. The results suggest that the model can replicate many of the empirical regularities observed in the data. For example, the predicted income distributions across communities closely matched the observed distribution. The estimated income elasticity of housing demand is consistent with previous findings. One important... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/19863 |
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| Tanaka, Katsuya; Wu, JunJie. |
| This study integrates economic and physical models to estimate the social costs of several commonly suggested policies (chemical-use tax and three types of conservation payments) for reducing nitrogen loads to the Mississippi River and for controlling hypoxia in the Gulf of Mexico. The economic models predict farmer's crop rotations, tillage practices, and participation in the Conservation Reserve Program (CRP) at more than 44,000 Natural Resource Inventory sites in the Upper Mississippi River Basin. The estimated land use changes under the four policies are incorporated into a physical model to assess their impact on nitrate-N concentrations in the Mississippi River. Results suggest that the fertilizer-use tax is much more cost-effective than the three... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/20135 |
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| Wu, JunJie; Gopinath, Munisamy. |
| This paper examines the causes of spatial inequalities in economic development across rural America. A theoretical model is developed to analyze interactions between location decisions of firms and households as they are affected by natural endowments, accumulated human and physical capital, and economic geography. Based on the theoretical analysis, an empirical model is specified to quantify the effect of these factors on key indicators of economic development across counties in the United States. Preliminary results suggest that households are willing to trade better amenities for lower income, and firms take advantage of this tradeoff by locating in areas with better climate and more recreational opportunities. In equilibrium, counties with better... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
| Ano: 2005 |
URL: http://purl.umn.edu/19229 |
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| Cho, Seong-Hoon; Wu, JunJie. |
| In this paper, a theoretical model is developed to analyze the interactions among residential development, land use regulations, and public financial impacts (public expenditure and property tax). A simultaneous equations system with self-selection and discrete dependent variables is estimated to determine the interactions for counties in the five western states (California, Idaho, Nevada, Oregon, and Washington). The results show that county governments are more likely to impose land use regulations when facing rapid land development, high public expenditure and property tax. The land use regulations, in turn, decrease land development, long-run public expenditure, and property tax at the cost of higher housing prices and property tax. During the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development; Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/20774 |
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| Wu, JunJie; Adams, Richard M.. |
| Because requisite micro data frequently are unavailable, it is common practice to use aggregate data to estimate economic relationships representing the behavior of individual agents. A substantial body of literature has examined conditions under which inferences between micro and aggregate specifications can be made. Less attention has been focused on the relative accuracy of predictions for each scale of model. In an empirical application, we compare the goodness-of-fit measures of eight sets of acreage response models, varying in aggregation from field- (micro-) level to regional- (macro-) level models. Results suggest aggregate models are superior to the micro model in predicting acreage response, even thought the micro models contain substantially... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 2002 |
URL: http://purl.umn.edu/31074 |
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| Wu, JunJie; Babcock, Bruce A.. |
| Green payment programs, where the government pays farmers directly for environmental benefits, are an alternative to the current method of achieving environmental benefits which restricts farming practices in exchange for deficiency payments. This article presents a voluntary green payment program using the principles of mechanism design under asymmetric information. Information asymmetry arises because the government knows only the distribution of farmers' production situations, rather than farm-specific information. The program is demonstrated with irrigated corn production in the Oklahoma high plains. A green payment program can reduce budget costs and pollution, while increasing the net social value of corn production. |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1995 |
URL: http://purl.umn.edu/30774 |
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| Wu, JunJie; Babcock, Bruce A.. |
| Green payment programs, where the government pays farmers directly for environmental benefits, have been proposed as an alternative to the current method of achieving environmental benefits by restricting farming practices in exchange for deficiency payments. This paper presents a voluntary green payment program using the principles of mechanism design under asymmetric information. The information asymmetry arises because government knows only the distribution of individual farmers' production situations, rather than farm-specific information. The program is applied to irrigated corn production in the Oklahoma Panhandle, where nitrogen fertilizer is a nonpoint source of pollution. We demonstrate empirically that a green payment program can increase farm... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1995 |
URL: http://purl.umn.edu/18325 |
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| Stone, Edward A.; Wu, JunJie. |
| There is broad concern that humans are transforming our environment. This transformation has potential to impact humanity as we depend on the environment ecosystem services. According to the Millennium Assessment (2005), degradation and unsustainable exploitation presently threaten over 60% of ecosystem services with real implications for health and standards of living. Furthermore, both the exploitation of ecosystem services and the growth rate of that exploitation have been far higher in recent decades than ever before due to population growth and rising standards of living, i.e. consumption. Increasing pressure on ecosystem services has driven thinking on mitigation strategies. Payment for ecosystem services (PES) has emerged as a strategy to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6253 |
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| Lewis, David J.; Wu, JunJie. |
| Habitat fragmentation is widely considered a primary threat to biodiversity. This paper develops a theoretical model of land use to analyze the optimal conservation of landscapes when land quality is spatially heterogeneous and wildlife habitat is fragmented and socially valuable. When agriculture is the primary cause of fragmentation, we show that reforestation efforts should be targeted to the most fragmented landscapes with an aggregate share of forest equal to a threshold, defined by the ratio of the opportunity cost of conversion to the social value of core forest. When urban development is the primary cause of fragmentation, we show how spatial heterogeneity in amenities and household neighbor preferences affect the optimal landscape and the design... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2005 |
URL: http://purl.umn.edu/19425 |
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| Registros recuperados: 35 | |
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