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Registros recuperados: 12
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A Note on the Valuation of Ecosystem Services in Production AgEcon
Simpson, R. David.
There has been considerable recent interest in the valuation of ecosystem services. We focus here on the value of such services in the production of market goods. Although the conceptual basis for conducting such exercises is straightforward, the data with which to implement them empirically is generally not available. An upper bound on the value of ecosystem services arises when the production technology exhibits constant returns to scale in ecosystem services and market inputs jointly. There are compelling reasons to suppose that the existence of fixed factors of production would imply that production technologies exhibit decreasing return to scale. Under these circumstances, no general conclusions can be drawn. We show in an illustrative example that a...
Tipo: Working or Discussion Paper Palavras-chave: Ecosystem services; Returns to scale; Elasticity of substitution; Resource /Energy Economics and Policy; Q29.
Ano: 2001 URL: http://purl.umn.edu/10832
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Investments in Biodiversity Prospecting and Incentives for Conservation AgEcon
Sedjo, Roger A.; Simpson, R. David.
There is considerable interest in biodiversity prospecting (the search for valuable new products from natural sources) as a conservation strategy. In an earlier paper, we have argued that the value of the marginal species (and, by extension, the incentives for the conservation of the habitat on which it is found) is small. In this paper, we show that investments in biodiversity prospecting are unlikely to increase incentives for conservation by much. If the value of the marginal species were appreciable, researchers ought already to have made investments to exploit it. If it is not, it is doubtful that additional investments will generate any substantial increase. It is important to be clear about our findings: we are not saying that none of the myriad...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity; Biodiversity prospecting; Investment; Conservation policy; Environmental Economics and Policy; O13; Q29.
Ano: 1996 URL: http://purl.umn.edu/10821
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The Social Value of Using Biodiversity in New Pharmaceutical Product Research AgEcon
Simpson, R. David; Craft, Amy B..
Biologists and conservation advocates have expressed grave concern over perceived threats to biological diversity. "Biodiversity prospecting" -- the search among naturally occurring organisms for new products of agricultural, industrial, and, particularly, pharmaceutical value -- has been advanced as both a mechanism and a motive for conserving biological diversity. Economists and others have attempted to estimate the value of biodiversity for use in new pharmaceutical project research. Most of these existing approaches are incomplete, however, as they have not considered full social welfare, i.e., both consumer surplus and profit. This paper addresses social welfare by calibrating a model of competition between differentiated products with data from the...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity prospecting; Differentiated products; Pharmaceutical research and development; Biogeographic models; Global warming; Habitat conversion; Health Economics and Policy; D43; L13; Q29.
Ano: 1996 URL: http://purl.umn.edu/10877
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Adoption of Environmental Management Systems by Farmers: An Empirical Application to ISO 14001 AgEcon
Grolleau, Gilles; Thomas, Alban.
This article undertakes an empirical investigation of the determinants of voluntary adoption of the ISO 14001 environmental management system by French farmers. The adoption model incorporates the expected profitability of implementing the standard and investigates the impact of prior knowledge on the probability of adopting. Two information measures are considered: a “reported information” indicator and an “estimated knowledge” score. The probit parameter estimates reveal that, while the expected profitability of implementing the standard is a significant determinant of adoption, real and perceive prior knowledge measures play a significant but potentially counterintuitive role.
Tipo: Journal Article Palavras-chave: Environmental management system; ISO 14001; Management-based approach; Probit model; Environmental Economics and Policy; Farm Management; O33; Q16; Q29.
Ano: 2007 URL: http://purl.umn.edu/6323
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Biomass Supply for Biofuel Production: Estimates for the United States and Canada AgEcon
Kumarappan, Subbu; Joshi, Satish V.; MacLean, Heather.
Published in BioResources, Volume 4, Number 3, 2009, Pages 1070-1087.
Tipo: Journal Article Palavras-chave: Biomass Supply; Resource Assessment; Lignocellulosic Biomass; Crop Production/Industries; Demand and Price Analysis; Production Economics; Resource /Energy Economics and Policy; Q42; Q11; Q2; Q20; Q29.
Ano: 2009 URL: http://purl.umn.edu/51427
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Invasive Species and Delaying the Inevitable: Results from a Pilot Valuation Experiment AgEcon
McIntosh, Christopher R.; Shogren, Jason F.; Finnoff, David C..
Herein we explore the economic value of delaying inevitable environmental damage due to aquatic invasive species, which is a problem especially relevant to tropic and subtropical regions. We developed an analytical framework and tested it using a stated preference survey. The results suggest that delaying the impacts can be valuable. Other tests reveal characteristics of the willingness-to-pay estimates that are consistent with economic theory.
Tipo: Journal Article Palavras-chave: Environmental damage; Invasive aquatic species; Nonmarket valuation; Q00; Q29; Q29.
Ano: 2007 URL: http://purl.umn.edu/37127
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Valoracion de activos ambientales mediante metodos multicriterio. Aplicacion a la valoracion del Parque Natural del Alto Tajo AgEcon
Bellver, Jeronimo Aznar; Guitart, Vicente Estruch.
The valuation of these goods can be a relevant element for the conservation and improvement, though the intangible and inmaterial aspects of environmental asseets difficult the utilisation of the traditional methods of valuation. This work presents a methodology for the valuation of those assets combining multi-criteria methods, the Analytic Hierarchy Process and the Goal Programming and traditional method the Discounted Cash Flows. The combinatio of both techniques allows extracting and indicator of the Total Economic Value (TEV) of an environmental asset, as well as of each partial value which make up the TEV, including tangible and intangible elements. The proposed methodology is applied to the valuation of the Alto Tajo Natural Park RESUMEN Calcular...
Tipo: Journal Article Palavras-chave: Economic valuation; Environmental assets; Analytic hierarchy process; Goal programming; Environmental Economics and Policy; Q29; C52; H43.
Ano: 2007 URL: http://purl.umn.edu/7999
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Institutional management of greenhouse gas emissions: How much does 'green' reputation matter? AgEcon
Komarek, Timothy M.; Lupi, Frank; Kaplowitz, Michael D.; Thorp, Laurie.
Tipo: Conference Paper or Presentation Palavras-chave: Climate Change; Green reputation; Conjoint analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q29; Q40; Q51.
Ano: 2010 URL: http://purl.umn.edu/61408
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The economics of ethical behaviour and environmental management AgEcon
Schilizzi, Steven.
Ethics and economics have long been viewed, if not as being incompatible, at least as being at odds with each other. This has often translated in the field of environmental policy and management into radical opposition between supporters of economic performance and environmentalists. It has seemed that the ethics of economics and that of environmental preservation were themselves at odds. The discussion has opposed utilitarian and duty-based philosophies. Ultimately, the firm manager, especially when under financial pressure, must decide between keeping the firm in business and doing the right thing for the environment. This view of things is now itself at odds with reality. One needs to explain why an increasing number of firms, both big and small, are...
Tipo: Presentation Palavras-chave: Environmental Economics and Policy; Institutional and Behavioral Economics; Z10; A12; L20; M20; Q29.
Ano: 2000 URL: http://purl.umn.edu/123729
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Introducing Genetically Modified Plants: Now or Later - An Option Value Approach AgEcon
Romstad, Eirik; Brimi, Live; Ljorerud, Urda.
Using market data, we have estimated the quasi option value of delaying to grow genetically modified corn and soybeans in Europe. We find that the current quasi option value of growing genetically modified soybeans and corn in Europe is high. This makes it likely that for the time being the information value of waiting exceeds the market gains of growing genetically modified plants in Europe.
Tipo: Conference Paper or Presentation Palavras-chave: Quasi option value; Value of information; Genetically modified plants; Crop Production/Industries; Q29; G13; Q18.
Ano: 2005 URL: http://purl.umn.edu/24655
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Use of On-Farm Reservoirs in Rice Production: Results from the MARORA Model AgEcon
Popp, Jennie S. Hughes; Wailes, Eric J.; Young, Kenneth B.; Smartt, Jim; Intarapapong, Walaiporn.
The present article uses the modified Arkansas off-stream reservoir analysis and the environmental policy-integrated climate models to examine the impacts of on-farm reservoirs and tail water recovery systems in conjunction with other best management practices on profitability, water use, and sediment control for rice-soybean farming operations. Results suggest that, under limited water availability conditions, reservoirs and tail water recovery systems can improve profitability, reduce ground water dependence, and reduce the movement of sediment, nutrients, and pesticides off-farm. Although reservoirs may not be profitable under plentiful water conditions, cost-sharing opportunities may make them a viable means of addressing environmental concerns.
Tipo: Journal Article Palavras-chave: On-farm reservoirs; Sediment control; Water management; Q25; Q15; Q29.
Ano: 2003 URL: http://purl.umn.edu/43212
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Valuation of Biodiversity for Use in New Product Research in a Model of Sequential Search AgEcon
Simpson, R. David; Sedjo, Roger A..
We develop a model of search in which a researcher chooses the size of sequential batches of samples to test. While earlier work has considered similar questions, the contribution of this paper is to use the search model to place a value on the marginal research opportunity. The valuation of such opportunities may be of little interest or relevance in many of the contexts in which search models are employed, but we apply our analysis to an area of considerable societal interest: the valuation of biological diversity for use in new product research. While data from which to make inferences are limited, we find that, using plausible estimates of relevant parameters, the value of biodiversity in these applications is negligible.
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity; Search; Sequential; Conservation incentives; Environmental Economics and Policy; D83; Q29.
Ano: 1996 URL: http://purl.umn.edu/10618
Registros recuperados: 12
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