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Greenhouse gas and groundwater recharge abatement benefits of tree crops in southwestern Australian farming systems AgEcon
Petersen, Elizabeth H.; Schilizzi, Steven; Bennett, David.
The indirect benefits of a commercial tree crop for greenhouse gas and groundwater recharge abatement are analysed. Oil mallees are introduced into a whole-farm linear programming model as a source of income, an offset to greenhouse gas emissions from the mixed sheep and cropping enterprises and as a source of groundwater recharge abatement. The profitability of oil mallees is found to be very sensitive to the discount rate, yield and price assumptions and the relative profitability of other farm enterprises (especially the wool enterprise). Under standard assumptions where oil mallees are profitable, the trees significantly reduced greenhouse gas emissions and groundwater recharge and the farm remains profitable. If farm-level policies are introduced for...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/116189
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Rural-Urban Migration and Vietnamese Agriculture AgEcon
Brennan, Donna C.; Petersen, Elizabeth H.; Que, Nguyen Ngoc; Vanzetti, David.
Vietnam has achieved remarkable economic growth since it liberalised its markets, and further economic growth and opportunities are predicted both within and outside the agriculture sector. However, growth has not been evenly distributed across regions and significant structural adjustment pressures are expected in the medium to long term. A dynamic, eight region, 13 commodity, non-linear programming model of Vietnam’s agricultural sector is used to analyse the likely impact of a change in rural-urban migration on agricultural production, prices, trade and regional incomes.
Tipo: Presentation Palavras-chave: Community/Rural/Urban Development.
Ano: 2012 URL: http://purl.umn.edu/124405
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The role of expected protein levels in determining the impact of protein premiums and discounts: a note AgEcon
Petersen, Elizabeth H.; Fraser, Rob W..
Fraser (1997) considered the impact of protein premiums and discounts on a grower’s income stream and willingness‐to‐pay for a forward contract where the protein premium and discount system is centred on a grower’s existing expected protein level. This article extends these results to consider the impact of a protein premium and discount system which is not centred on a grower’s existing expected protein level. The article suggests that the grower’s existing expected protein level plays a crucial role in determining the impact of the system.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/117839
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ECONOMIC POLICY, INSTITUTIONS AND FISHERIES DEVELOPMENT IN THE PACIFIC AgEcon
Petersen, Elizabeth H..
The South Pacific is home to the world'’s largest and most valuable tuna fishery. Despite this, the Pacific island countries have found it tremendously difficult to capture significant economic rents from the resource. It is argued in this paper that poor economic policy partly explains this. However, poor policies are preventing the implementation of strong, cost-effective institutions for the governance of the fishery which, coupled with strong institutions for broad social and economic governance, are required for development of the industry. Opportunities for policy reform that is likely to lead to significant gains from the fishery are highlighted.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19606
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Grower perceptions of the impact of protein premiums and discounts for wheat AgEcon
Petersen, Elizabeth H.; Fraser, Rob W..
This paper presents results of a survey of Western Australian wheat growers designed to elicit perceptions of the impact of protein premiums and discounts for wheat on income, utility and off-farm risk management. The results indicate that a grower’s perception of the scheme’s impact on expected income and utility depends on that grower’s expected protein level. Additionally, growers do not perceive protein premiums and discounts to have affected the variance of income, or their willingness-to-pay for a forward contract. These latter findings are contrary to previous studies of actual rather than perceived effects. However, the perceptions of growers are understandable given that the scheme’s effect on the variance of income is small relative to its effect...
Tipo: Presentation Palavras-chave: Protein premiums and discounts; Wheat; Survey; Willingness-to-pay; Crop Production/Industries; Farm Management.
Ano: 2000 URL: http://purl.umn.edu/123725
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The impact of price and yield risk on the bioeconomics of reservoir aquaculture in north Vietnam AgEcon
Petersen, Elizabeth H.; Hertzler, Greg; Schilizzi, Steven.
A bioeconomic model of reservoir aquaculture in northern Vietnam is used to investigate the impacts of price and yield risk on the level, variability and skewness of expected net revenue and utility. Prices and yields are assumed to follow lognormal and beta distributions, respectively. Net revenue follows a generalized gamma distribution and is found to be very risky compared with similar enterprises elsewhere, mainly due to the relatively high yield risk. This represents the nascent nature of the industry in Vietnam and the opportunity for efficiency improvements. Increasing production capacity (through increasing reservoir size, stocking density, production cycle length and harvest rate) are found to increase profits and decrease the variability of...
Tipo: Conference Paper or Presentation Palavras-chave: Bioeconomic modelling; Price risk; Yield risk; Aquaculture; Vietnam; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10422
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