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Registros recuperados: 10
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Supply Response of Commercial Fishermen and Implications for Management of Invasive Asian Carp AgEcon
Speir, Cameron; Brozovic, Nicholas.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21225
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Consumer Surplus Estimates and the Source of Regression Error AgEcon
Beatty, Timothy K.M.; Brozovic, Nicholas; Ward, Michael B..
Contrary to widely held belief, we show that the source of regression error does not matter when calculating Marshallian surplus. A misspecified demand curve, not the assumed source of regression error, leads to differences in estimates of consumer surplus.
Tipo: Conference Paper or Presentation Palavras-chave: Regression Error; Marshallian Surplus; Welfare Analysis; Consumer/Household Economics; D60; C24; Q51.
Ano: 2005 URL: http://purl.umn.edu/19477
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Defensive purchasing and motor-vehicle policy effectiveness AgEcon
Ando, Amy Whritenour; Brozovic, Nicholas.
We present a theory of vehicle choice where utility depends on the vehicle choices made by other consumers. We use parameters from current transportation and public safety data to show that changes in motor vehicle policy may have unexpectedly large or non-existent effects on safety, fleet mix, and the environment.
Tipo: Conference Paper or Presentation Palavras-chave: Public Economics.
Ano: 2004 URL: http://purl.umn.edu/20404
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Agricultural Water Security and Instream Flows for Endangered Salmonids in Coastal California's Watersheds AgEcon
Mezzatesta, Mariano; Newburn, David A.; Brozovic, Nicholas.
Many rural landowners within the Western United States do not have access to a secure water supply provided by a major dam or an irrigation district. Such water users must rely instead on groundwater pumping and/or seasonal water flows from tributaries. Some of these agricultural producers choose to store winter stream flows from tributaries within onsite reservoirs to secure their spring/summer water needs. However, regulatory agencies have increased restrictions on surface water storage and diversions to improve instream flows for endangered salmon, thus reducing water security for many landowners not located along the main stem. The majority of salmon habitat is within the tributaries located throughout a watershed. Most research regarding instream...
Tipo: Conference Paper or Presentation Palavras-chave: Instream flow; Salmon; Endangered species; Water; Watershed; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61485
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On the spatial nature of the groundwater pumping externality AgEcon
Brozovic, Nicholas; Sunding, David L.; Zilberman, David.
Most existing economic analyses of optimal groundwater management use single-cell aquifer models, which assume that an aquifer responds uniformly and instantly to groundwater pumping. This paper demonstrates how spatially explicit aquifer response equations from the water resources engineering literature may be embedded in a general economic framework. Calibration of our theoretical model to published economic studies of specific aquifers demonstrates that, by averaging basin drawdown across the entire resource, existing studies generally understate the magnitude of the groundwater pumping externality relative to spatially explicit models. For the aquifers studied, the drawdown predicted by single-cell models may be orders of magnitude less than that...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21035
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Resilience, Uncertainty, and the Role of Economics in Ecosystem Management AgEcon
Brozovic, Nicholas; Schlenker, Wolfram.
Many natural systems have the potential to switch between alternative dynamic behaviors. We consider a system with two distinct equations of motion that are separated by a threshold value of the state variable. We show that utility maximization will give a decision making rule that is consistent with ecosystem-based management objectives that aim to reduce the probability that the system crosses the threshold. Moreover, we find that increasing uncertainty (both uncertainty embedded in the natural system and uncertainty of the decision maker about the location of the threshold) can lead to nonmonotonic changes in precaution. Although small increases in uncertainty may at first increase precaution, large enough increases in uncertainty will lead to a...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9886
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Prices versus Quantities Reconsidered AgEcon
Brozovic, Nicholas; Sunding, David L.; Zilberman, David.
In comparing second-best prices and quantities, studies assume that quantities bind with probability one. We present a more general and realistic model of second-best regulation where quantity instruments can bind with probability less than one. This additional flexibility of quantity instruments makes them much more efficient than previously realized.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/20257
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Estimating the Value of Groundwater in Irrigation AgEcon
Brozovic, Nicholas; Islam, Shahnila.
In recent years there has been increasing regulation of agricultural water use in order to reduce transboundary and environmental water conflicts. Effective policy analysis needs to have tools to estimate correctly the value of irrigation water. Irrigating land increases crop yields and this higher profitability should be capitalized into the sales price of the land. For irrigation that depends on surface water rights, studies have found this to be the case (Xu et al. 1993, Faux and Perry 1999). However, studies that have analyzed the value of groundwater in irrigation have found mixed results. Hartman and Taylor (1989) and Sunderland, Libbin and Torell (1987) find that groundwater irrigation has no significant effect on land prices; Torrell et al. (1990)...
Tipo: Conference Paper or Presentation Palavras-chave: Groundwater; Hedonics; Propensity score matching; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61337
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MEASURING THE GAINS FROM MANAGEMENT OF SPATIALLY HETEROGENEOUS RESOURCES: THE CASE OF GROUNDWATER AgEcon
Brozovic, Nicholas; Sunding, David L.; Zilberman, David.
We develop a model for the dynamic management of spatially heterogeneous resources with multiple users. We apply our model to the case of groundwater and show that – contrary to the results of existing studies – even when externalities are highly concentrated in space, significant efficiency gains are possible over competitive outcomes.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20240
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Irrigation Technology Adoption Under Factor Price Uncertainty: Groundwater- Irrigated Production in Nebraska, 1960 -- 2005 AgEcon
Savage, Jeff; Brozovic, Nicholas.
The development of groundwater-irrigated production technologies, fed by water from the Ogallala Aquifer, facilitated the development of agriculture in the High Plains region of the United States that began during the 1960s. The current rate of pumping for irrigation in the region is causing the aquifer to be depleted in many areas, which is cause for concern from a socioeconomic and environmental standpoint. The goal of this paper is to assess the factors that affect the decision to adopt groundwater-irrigated production by farmers, in the presence of risk differentiated by heterogeneous farmland quality and groundwater depth. A binary choice model of adoption is estimated for Nebraska, from 1960 – 2005. The results suggest that farmers consider climate...
Tipo: Conference Paper or Presentation Palavras-chave: Irrigation; Technology Adoption; Risk; Ogallala Aquifer; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies; Q15; Q32; Q55.
Ano: 2009 URL: http://purl.umn.edu/49585
Registros recuperados: 10
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