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Registros recuperados: 10
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Schemes to Regulate Non-Point Water Pollution: Making Sense of Experimental Results AgEcon
Pushkarskaya, Helen N..
Three theoretical non-point water pollution (NPS) control schemes were tested repeatedly in experimental studies – tax-subsidy scheme (K. Segerson, 1988), collective fining (Xepapadeas, 1991) and random fining (Xepapadeas, 1991). Camacho and Requate (2004) summarized results reported by Spraggon (2002), Vossler et al (2002), Cochard et al (2002), and Alpizar et al (2004) and replicated their experiments. This paper discusses similarity and differences among all the reported results and in particular the following two. First, both collective fining and random fining induce abatement under the target, their performance deteriorates over time and is relatively consistent over the replications. Second, tax-subsidy scheme induced abatement over the target, its...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21111
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TRANSACTION CHAIN APPROACH TO THE REGULATION OF THE NONPOINT WATER POLLUTION FROM FARMS-RUNOFF AgEcon
Pushkarskaya, Helen N.; Randall, Alan.
We offer a decentralized solution to the asymmetric information and hidden action problems in the nonpoint source (NPS) pollution case. Farmers in the same watershed generate homogeneous NPS pollution. The regulator, R, pays for (or represents a group of point-source, PS, polluters who pay for) pollution reduction credits earned by the group of the farmers. To resolve the asymmetric information problem, R is concerned with only the total level of the abatement achieved, while the group of farmers (called the Association, A), undertakes responsibility to distribute the payment so as to induce farmers to deliver abatement. We show that A can devise an optimal contract to deal with the farmers' hidden action problem. We identify the restrictions under...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19890
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Livelihood Disruption and Venture Creation: Entrepreneurship as Technology Adoption A Comparison between Kentucky and Shaanxi Farmers AgEcon
Khantachavana, Sivalai V.; Just, David R.; Pushkarskaya, Helen N.; Kong, Rong.
In the US, The Tobacco Transition Payment Program, also called the "tobacco buy-out," helps tobacco quota holders and producers transition to the free market. In China, the transaction of Land Use Rights providing farmers’ ability to buy or sell Land Use Rights has been seriously considered by the Chinese government. The uncertainty in household income and changes in economic environment during the US Tobacco Transition Payment Program and the Chinese Land Use Rights Regime lead many individuals into entrepreneurial activities. Entrepreneurship often means making changes in livelihood activities that involve substantial risks to income. While the rewards may be substantial, transactions costs may make decisions irreversible. This paper draws a comparison...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management; Research and Development/Tech Change/Emerging Technologies.
Ano: 2011 URL: http://purl.umn.edu/103928
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What Did They Do with the Money? An Analysis of Tobacco Buyout Recipients’ Expenditure Choices AgEcon
Marshall, Maria I.; Pushkarskaya, Helen N..
There are many expenditure options available to farmers who received a tobacco buyout check. A multinomial probit model is used to analyze how farmer, business, and household characteristics influence the choice of expenditure option. Results of the study show that farmers tend to use the tobacco buyout payments as a special income account which they spend in a focused manner, and their expenditure choices vary by gender and by age groups. Findings also reveal that farmers who plan to stay in tobacco production are more likely to invest in new or existing on-farm activities.
Tipo: Journal Article Palavras-chave: Defensive avoidance; Expenditure choices; Mental accounting; Multinomial probit; Tobacco buyout; Agribusiness; Crop Production/Industries; Financial Economics.
Ano: 2008 URL: http://purl.umn.edu/90641
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Schemes to Regulate Non-Point Water Pollution: Making Sense of Experimental Results AgEcon
Pushkarskaya, Helen N..
Three theoretical non-point water pollution control schemes were tested repeatedly in experimental studies – tax-subsidy scheme (K. Segerson, 1988), collective fining (Xepapadeas, 1991) and random fining (Xepapadeas, 1991). Camacho and Requate (2004) summarized results reported by Spraggon (2002), Vossler et al (2002), Cochard et al (2002), and Alpizar et al (2004) and replicated their experiments. In this paper I will discuss similarity and differences among all the reported results and in particular the following two. First, both collective fining and random fining induce abatement under the target, their performance deteriorates over time, and is relatively consistent over the replications. Second, tax-subsidy scheme induced abatement over the target,...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/25507
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Experimental study of effectiveness of nonpoint source water pollution control group contract. AgEcon
Pushkarskaya, Helen N.; Arkes, Hal; Pieratt, Jason; Bamba, Ibrahim.
The goal of this experimental study was to test an effectiveness of a group contract designed to control nonpoint source water pollution from farms' runoff (Pushkarskaya 2003). In particular, the regulator pays for pollution reduction credits earned by the group of the farmers, who voluntary enter the contract, and is concerned only with the total level of the abatement achieved, while the group of farmers undertakes responsibility to distribute the payment so as to induce the farmers to deliver the desired level of abatement. First round of experiments was conducted using as subjects undergraduate students from the Ohio State University, second round of experiments was conducted using as a subjects Kentucky farmers, who would be an actual subjects to...
Tipo: Report Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19309
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Livelihood Disruption and Venture Creation: Entrepreneurship as Technology Adoption, A Case of Tobacco Farmer in Kentucky AgEcon
Khantachavana, Sivalai V.; Just, David R.; Pushkarskaya, Helen N..
Entrepreneurship means making discrete changes in livelihood activities that involve substantial risks to income. While the rewards may be substantial, transactions costs may make decisions irreversible. This paper draws a comparison between entrepreneurship and technology adoption. Adopting a new production technology also involves substantial risks. The economics of technology adoption is a well developed literature with many accepted and testable models. Most prominent are the theories of learning by using and learning by doing. We review the technology adoption literature, drawing out lessons for entrepreneurship research. We then apply an entrepreneurship as technology adoption model to a unique dataset collected during the tobacco buyout. The...
Tipo: Conference Paper or Presentation Palavras-chave: Entrepreneurship; Technology adoption; Tobacco buyout; Agribusiness; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/61296
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Farming Exit Decision by Age Group: Analysis of Tobacco Buyout Impact in Kentucky AgEcon
Pushkarskaya, Helen N.; Vedenov, Dmitry V..
This article analyzes factors that affected the decision to exit tobacco production in the wake of the tobacco buyout program using the data collected through a survey of Kentucky tobacco farmers. Using the Heuristic logistic regression model, we find that the decision to exit tobacco growing was affected by efficiency considerations, availability of off-farm employment, and exit barriers. Availability of off-farm employment had the strongest effect on farmers younger than 46, while the effect of variables measuring efficiency and exit barriers seemed to be more uniform across age groups. Based on the results we suggest several policy interventions.
Tipo: Journal Article Palavras-chave: Age group; Industry exit; Tobacco buyout; Tobacco farming; Agribusiness; Crop Production/Industries; Farm Management; Institutional and Behavioral Economics; Labor and Human Capital; Marketing; Production Economics; C25; D21; E24; J00; J11; J24; J43; Q18; R23.
Ano: 2009 URL: http://purl.umn.edu/56653
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Lump Sum versus Annuity: Choices of Kentucky Farmers during the Tobacco Buyout Program AgEcon
Pushkarskaya, Helen N.; Marshall, Maria I..
Our study uses the data collected during the implementation of the tobacco buyout program in Kentucky to evaluate how rural households, diverse in income, age, family structure, location, education level, and other characteristics, made a choice between annuities and a lump-sum payment. Subjects in our field experiment did not have to retire or change their employment, as did subjects in many field studies of the choice between annuities and lump-sum payments, which allowed us to evaluate the relationship between the option choice and a decision whether to exit the tobacco market. Our results suggest that while discounted utility theory gives acceptable predictions of the farmers’ behavior, other factors have to be taken into consideration. First, there...
Tipo: Journal Article Palavras-chave: Annuity; Family business system; Intertemporal choice; Lump sum; Tobacco buyout; Agribusiness; Consumer/Household Economics; Institutional and Behavioral Economics; Marketing; G11; H31; J10.
Ano: 2009 URL: http://purl.umn.edu/56647
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What did they do with the money? An analysis of tobacco farmers' expenditure choices AgEcon
Marshall, Maria I.; Pushkarskaya, Helen N..
There are many expenditure options available to farmers who received a tobacco buyout check. We used a multinomial logit model to analyze how farmer, business, and household characteristics influenced the choice of expenditure option. We found statistically significant differences in the way farmers chose to spend their buyout money based on age, education, gender, and internet use. We also found that farmer optimism had a statistically significant impact on expenditure choice. Overall, our analysis suggests that it is important for policymakers to take into account this heterogeneity instead of treating all farmers as a homogeneous group of representative agents.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2007 URL: http://purl.umn.edu/9925
Registros recuperados: 10
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