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Registros recuperados: 39 | |
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Murphy, James J.; Dinar, Ariel; Howitt, Richard E.; Mastrangelo, Erin; Rassenti, Stephen J.; Smith, Vernon L.. |
This research uses laboratory experiments to test alternative water market institutions designed to protect third-party interests. The institutions tested include taxing mechanisms that raise revenue to compensate affected third-parties, and a free market in which third-parties actively participate. We also discuss the likely implications of a command-and-control approach in which there are fixed limits on the volume of water that may be exported from a region. The results indicate that there are some important trade-offs in selecting a policy option. Although theoretically optimal, active third-party participation in the market is likely to result in free-riding that may erode some or all of the efficiency gains, and may introduce volatility into the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/19812 |
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Kim, Hong Jin; Helfand, Gloria E.; Howitt, Richard E.. |
This study estimates the benefits to agricultural and human health of reducing ozone in the San Joaquin Valley of California, and the costs of ozone control. The San Joaquin Valley's highly valued crops suffer from high ozone levels. Federal and state primary ozone standards are based on health effects, not effects on other sectors, and do not consider costs of attaining the standards. The methods here allow comparison of both total and marginal benefits and costs. The results suggest that net gains can be achieved for the entire valley by reducing ozone below 1990 levels, although results vary by region. |
Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
Ano: 1998 |
URL: http://purl.umn.edu/31169 |
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Wicks, Santhi; Howitt, Richard E.. |
Soil is a capital asset and a renewable resource that requires continued maintenance to ensure the sustainability of agricultural output in the long-run. Growers are continually adjusting the soil's productivity by adding and extracting soil nutrients, and modifying the soil structure through cultivation. Accordingly, we approach sustainable agriculture in terms of capital assets and switching conditions. A theoretical model focusing on cover cropping and soil nitrates shows that profit maximizing farmers' cover cropping decision depend on the price of nitrogen, cost of chemical nitrogen, cost of cover crops and the farmer decision making horizon. In addition, we show that restriction on application of chemical nitrogen for environmental reasons will... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 2005 |
URL: http://purl.umn.edu/19230 |
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MacEwan, Duncan; Howitt, Richard E.. |
In arid regions, including Australia's Murray-Darling basin and California's Central Valley, increasing salinity is a problem affecting agriculture, regional economies, urban areas, and the environment. The direct costs of salinity to agriculture in the Murray-Darling basin and California’s Central Valley are on the order of $500 million per year. Policymakers want to design policies to effectively manage salinity and, as such, need to understand how farmers respond to changing salinity levels. Reduced crop yields account for the largest direct cost of salinity to agriculture however farmers are able to mitigate effects through field management. Consequently, there is a difference between experimentally estimated yield-salinity functions and those which... |
Tipo: Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 2012 |
URL: http://purl.umn.edu/124331 |
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Torres, Marcelo; Vosti, Stephen A.; Bassoi, Luis H.; Howitt, Richard E.; Maneta, Marco P.; Rodrigues, Lineu N.; Wallender, Wesley W.; Young, Julie A.. |
Information on the spatial distribution of poverty can be useful in designing geographically targeted rural poverty reduction programs. This paper uses recently released município-level data on rural poverty in Brazil to identify and analyze spatial patterns of rural poverty in the São Francisco River Basin (SFRB). Moran's I statistics are generated and used to test for spatial autocorrelation, and to prepare cluster maps that locate rural poverty 'hot spots' and 'cold spots.' Research results demonstrate that rural poverty is spatially correlated in some parts of the SFRB, and where correlated, worse-off (better-off) municípios tend to be located next to worse-off (better-off) municípios. The policy implications of these results are discussed, as are... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food Security and Poverty. |
Ano: 2007 |
URL: http://purl.umn.edu/9733 |
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Howitt, Richard E.; Reynaud, Arnaud; Msangi, Siwa; Knapp, Keith C.. |
In this paper we develop a positive calibrated approach to stochastic dynamic programming. Risk aversion, discount rate, and intertemporal substitution preferences of the decision-maker are calibrated by a procedure that minimizes the mean squared error from data on past decisions. We apply this framework to managing stochastic water supplies from Oroville Reservoir, located in Northern California. The calibrated positive SDP closely reproduces the historical storage and releases from the dam and shows sensitivity of optimal decisions to a decision-maker's risk aversion and intertemporal preferences. The calibrated model has average prediction errors that are substantially lower than those from the model with an expected net present value objective. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/19620 |
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Howitt, Richard E.; Reynaud, Arnaud. |
In this paper we develop a dynamic data-consistent way for estimating agricultural land use choices at a disaggregate level (district-level), using more aggregate data (regional-level). The disaggregation procedure requires two steps. The first step consists in specifying and estimating a dynamic model of land use at the regional level. In the second step, we disaggregate outcomes of the aggregate model using maximum entropy (ME). The ME disaggregation procedure is applied to a sample of California data. The sample includes 6 districts located in Central Valley and 8 possible crops, namely: Alfalfa, Cotton, Field, Grain, Melons, Tomatoes, Vegetables and Subtropical. The disaggregation procedure enables the recovery of land use at the district-level with an... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Disaggregation; Bayesian method; Maximum entropy; Land use; Production Economics; C11; C44; Q12. |
Ano: 2002 |
URL: http://purl.umn.edu/24961 |
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Maneta, Marco P.; Torres, Marcelo; Howitt, Richard E.; Vosti, Stephen A.; Wallender, Wesley W.; Bassoi, Luis H.. |
Policymakers, managers of water use associations, and many others in developing countries are considering policy actions that will directly or indirectly change the costs and availability of groundwater and surface water for agricultural users. While in many cases such actions may bring about welcomed increases in water use efficiency, little is known about the likely effects of changes in irrigation costs or water access on farmer behavior, or on farmer incomes in the short or long runs, and virtually nothing is known about the detailed immediate or knock-on effects on water resources that such policy actions might cause. This paper reports the preliminary results of research aiming to fill these large scientific gaps by developing a detailed hydrologic... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2007 |
URL: http://purl.umn.edu/9705 |
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Hansen, Kristiana; Howitt, Richard E.; Williams, Jeffrey C.. |
In California, the tremendous spatial and temporal variation in precipitation suggests that flexible contractual arrangements, such as option contracts, would increase allocative efficiency of water over time and space. Under such arrangements, a water agency pays an option premium for the right to purchase water at some point in the future, if water conditions turn out to be dry. The premium represents the value of the flexibility gained by the buyer from postponing its decision whether to purchase water. In California, the seller of existing option arrangements is often an agricultural producer who can fallow land, in the event that a water option is exercised. In this simulation-optimization approach, we seek to determine the value of transferring... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
Ano: 2006 |
URL: http://purl.umn.edu/21218 |
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Konyar, Kazim; Howitt, Richard E.. |
This study analyzes the impact of implementing carbon permit trading considered under the Kyoto Protocol, and the subsequent expected increase in energy and resource prices on U.S. crop production. The focus is on input substitution, net farm income, regional crop acreage, and crop prices. The analysis is carried out with a calibrated mathematical programming model which covers the major crops produced in the 48 contiguous states on a regional basis. The model accounts for both the variable inputs and the allocatable inputs of land and irrigation water, and it permits input substitution when farmers are faced with external shocks. The results suggest that when energy prices increase, the net cost to the crop-producing sector depends on the farmer's... |
Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/30900 |
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Registros recuperados: 39 | |
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