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COUNTY LEVEL TAXABLE AGRICULTURAL LAND VALUES IN NORTH DAKOTA: COMPARING THE GROSS REVENUE APPROACH WITH VALUES BASED ON RENTAL VALUES AgEcon
Aakre, Dwight G.; Haugen, Ronald H..
Land values calculated with the current North Dakota agricultural land valuation model were compared with values calculated by capitalizing the average cash rent for each county. Results showed there was a significant difference in cropland values, but there was no significant difference in non-cropland values. Land values for the 2000, 2001, and 2002 assessments were compared.
Tipo: Working or Discussion Paper Palavras-chave: Land valuation model; Property taxes; North Dakota; Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/23531
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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR SOYBEANS IN NORTH DAKOTA AgEcon
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for soybeans using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Cass, Stutsman and Benson) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. From 2002 to 2005, all counties would have received more payments with the BRP-RCCP program than they would have received under the current farm program. Benson County would benefit the most from this program, receiving $58.56 per acre more during...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Soybeans; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7301
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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR SPRING WHEAT IN NORTH DAKOTA AgEcon
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for spring wheat using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Hettinger, Ward and Cavalier) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. From 2002 to 2005, Ward County would have received nearly identical payments under the BRP-RCCP program and the current farm program. The Hettinger County farm would have received considerably more under the BRP-RCCP program - $76.87 per...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Wheat; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7300
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BASE REVENUE PROTECTION AND REVENUE COUNTERCYCLICAL PROGRAMS FOR CORN IN NORTH DAKOTA AgEcon
Aakre, Dwight G.; Haugen, Ronald H.; Swenson, Andrew L..
The National Corn Growers Association Public Policy Team’s Base Revenue Projection Program (BRP) and the Revenue Countercyclical Program (RCCP) were analyzed. The analysis was done for corn using the BRP-RCCP calculator, as developed by the National Corn Growers Association. Three representative counties (Richland, Barnes and Foster) were chosen in North Dakota. Historic and projected data were used to analyze 2002 to 2010 crop years. A comparison of the BRP-RCCP programs to the current farm program was done. For 2002 to 2005, Barnes County would have received more total payments under the BRP-RCCP program than with the current farm program. The gain would have been $24.12 per acre during the four years. Richland and Foster counties would have received...
Tipo: Working or Discussion Paper Palavras-chave: Farm bill; Corn; Countercyclical payments; Revenue; Agricultural Finance; Crop Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7302
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NORTH DAKOTA LAND VALUATION MODEL AgEcon
Aakre, Dwight G.; Saxowsky, David M.; Vreugdenhil, Harvey G..
The North Dakota Land Valuation Model was created by the North Dakota Legislature in the early 1980s. This model is used to estimate the value of agricultural land based on productivity for purposes of real estate tax assessment. Prior to this change, agricultural real estate was assessed based on market values. This model is used to estimate the average value per acre of cropland and non-cropland, by county, based on the value of crops and livestock produced on these lands. An average value per acre for all agricultural land in each county is calculated by weighting the value of cropland and non-cropland. This paper describes how the model is constructed, how values are calculated, and what factors impact changes in land values.
Tipo: Working or Discussion Paper Palavras-chave: Land valuation; Real estate assessment; Agricultural land; Capitalization rate; Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/23671
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NORTH DAKOTA LAND VALUATION MODEL AgEcon
Aakre, Dwight G.; Saxowsky, David M.; Vreugdenhil, Harvey G..
North Dakota agricultural land is valued for property tax purposes as the capitalized value of the landowner's share of gross revenue. This paper describes the data sources, assumptions, and current issues relative to operating the model. Note: Machine readable file does not include the 4 appendix pages-- contact authors for more information.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural land; Cropland; Tax; Assessed value; Valuation; Capitalization; Land value Note; Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/23083
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RESULTS OF THE NORTH DAKOTA LAND VALUATION MODEL FOR THE 2006 AGRICULTURAL REAL ESTATE ASSESSMENT AgEcon
Aakre, Dwight G.; Vreugdenhil, Harvey G..
This report summarizes the 2006 results of the North Dakota Land Valuation Model. The model is used annually to estimate average land values by county, based on the value of production from cropland and non-cropland. The county land values developed from this procedure form the basis for the 2006 valuation of agricultural land for real estate tax assessment. The average "all land value" from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county's total agricultural land value for taxation purposes. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. Each county is required by state statute to assess a total value of...
Tipo: Working or Discussion Paper Palavras-chave: Land valuation; Real estate assessment; Agricultural land; Land Economics/Use.
Ano: 2006 URL: http://purl.umn.edu/23654
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RESULTS OF THE NORTH DAKOTA LAND VALUATION MODEL FOR THE 2004 AGRICULTURAL REAL ESTATE ASSESSMENT AgEcon
Aakre, Dwight G.; Vreugdenhil, Harvey G..
This report summarizes the 2004 results of the North Dakota Land Valuation Model. This model is used annually to estimate average land values by county, based on the value of production from cropland and non-cropland. The county land values developed from this procedure form the basis for the 2004 valuation of agricultural land for real estate tax assessment. The average all land value from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county's total agricultural land value for taxation purposes. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. Each county is required by state statute to assess a total value of...
Tipo: Working or Discussion Paper Palavras-chave: Land valuation; Real estate assessment; Agricultural land; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/23666
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RESULTS OF THE NORTH DAKOTA LAND VALUATION MODEL FOR THE 2001 AGRICULTURAL REAL ESTATE ASSESSMENT AgEcon
Aakre, Dwight G.; Vreugdenhil, Harvey G..
This report summarizes the results of the North Dakota Land Valuation Model. This model is used annually to estimate average land values by county, based on the value of production produced on that land. The county land values developed from this procedure form the basis for the 2001 valuation of agricultural land for assessment of real estate taxes. The average all land value from this analysis is multiplied by the total acres of agricultural land on the county abstract to determine each county's total agricultural land value. The State Board of Equalization compares this value with the total value assessed to agricultural property in each county. Each county is required by state statute to assess a total value of agricultural property within 5 percent of...
Tipo: Working or Discussion Paper Palavras-chave: Assessment; Capitalization rate; Land; Taxes; Valuation; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/23675
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RESULTS OF THE NORTH DAKOTA LAND VALUATION MODEL FOR THE 2003 AGRICULTURAL REAL ESTATE ASSESSMENT WITH THE REVISED CAPITALIZATION RATE AgEcon
Aakre, Dwight G.; Vreugdenhil, Harvey G..
This report summarizes the results of the North Dakota Land Valuation Model using a capitalization rate of 9.5 percent. The 2003 North Dakota Legislature amended the statute that defines the capitalization rate to be used in this analysis. This legislative change places a minimum of 9.5 percent for the capitalization rate if the calculated value falls below this level. For 2003, the capitalization rate formula yielded a rate of 8.53 percent, thus the minimum of 9.5 percent was used. This model is used annually to estimate average land values by county, based on the value of production from the land. The county land values developed from this procedure form the basis for the 2003 valuation of agricultural land for real estate tax assessment. The average...
Tipo: Working or Discussion Paper Palavras-chave: Land valuation; Real estate assessment; Agricultural land; Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/23668
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E-COMMERCE AND INTERNET USE IN SMALL BUSINESSES: TRENDS AND ISSUES AgEcon
Abate-Kassa, Getachew; Moser, Colletta H..
This paper is part of a series of reports of the activities conducted under a grant from the Fund for Rural America, U.S. Department of Agriculture. Funds for the grant entitled "Enhancing Rural Economies Through Comprehensive Extension, Research & Partnering Approaches Using Multi-County Clusters in Michigan With Application to National Rural Settings" were received by Michigan State University's Department of Agricultural Economics in March, 1998. The major goal of the grant is to increase economic development activity in four clusters of rural counties in Michigan through the utilization of the resources of the Michigan State University Extension Service, Michigan Agricultural Experiment Station, and other resources of Michigan State University....
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Marketing.
Ano: 2003 URL: http://purl.umn.edu/11722
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RETENTION AND EXPANSION ISSUES AND CONCERNS OF RURAL BUSINESSES: SOME FINDINGS FROM SURVEYS IN THE WESTERN UPPER PENINSULA OF MICHIGAN AgEcon
Abate-Kassa, Getachew; Moser, Colletta H..
This paper is part of a series of reports of the activities conducted under a grant from the Fund for Rural America, U.S. Department of Agriculture. Funds for the grant entitled "Enhancing Rural Economies Through Comprehensive Extension, Research & Partnering Approaches Using Multi-County Clusters in Michigan With Application to National Rural Settings" were received by Michigan State University's Department of Agricultural Economics in March, 1998. The major goal of the grant is to increase economic development activity in four clusters of rural counties in Michigan through the utilization of the resources of the Michigan State University Extension Service, Michigan Agricultural Experiment Station, and other resources of Michigan State University....
Tipo: Working or Discussion Paper Palavras-chave: Community/Rural/Urban Development.
Ano: 2002 URL: http://purl.umn.edu/11638
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The Economics of Endangered Species Poaching AgEcon
Abbott, Brant.
Tipo: Working or Discussion Paper Palavras-chave: Endangered species; Poaching; International trade; Environmental Economics and Policy; International Relations/Trade; K42; Q56; Q57.
Ano: 2008 URL: http://purl.umn.edu/37707
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On Optimal British Columbia Log Export Policy: An Application of Trade Theory AgEcon
Abbott, Brant.
The log export policy suggestion by Dumont and Wright (2006) is critically assessed in an effort to determine if it is based on economic efficiency. The optimal log export policy for British Columbia is derived using two different models. The first model assumes that B.C. is a small open economy, and the second is a two country model that provides B.C. the opportunity to improve its terms of trade. In both cases it is shown that an optimal log export tax when a fixed lumber export tax exists can be characterized as a problem of second best. In that scenario the optimal log export policy is a positive export tax in both models. In the second model a positive export tax is also optimal when there is no lumber export tax, but it is smaller than when the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/37084
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An Economic Analysis of Mountain Pine Beetle Impact in a Global Context AgEcon
Abbott, Brant; Stennes, Brad; van Kooten, G. Cornelis.
The economic effects of the mountain pine beetle outbreak in British Columbia are simulated using a multi-region spatial price equilibrium model coupled with a stochastic dynamic updating procedure. The simulation captures expected changes in the B.C. timber supply, growth of plantation forests in the southern hemisphere and an escalating Russian log export tax. The results indicate lumber and log prices will rise in B.C., offsetting some of the economic loss to timber producers. However, on net producers in the B.C. forest industry will experience a decrease in economic surplus.
Tipo: Working or Discussion Paper Palavras-chave: Mountain pine beetle; Spatial price equilibrium; Trade modeling; Environmental Economics and Policy; International Relations/Trade; C67; F14; F17.
Ano: 2008 URL: http://purl.umn.edu/37051
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CAN DOMESTICATION OF WILDLIFE LEAD TO CONSERVATION? THE ECONOMICS OF TIGER FARMING IN CHINA AgEcon
Abbott, Brant; van Kooten, G. Cornelis.
Tigers are a threatened species that might soon disappear in the wild. Not only are tigers threatened by deteriorating and declining habitat, but poachers continue to kill tigers for traditional medicine, decoration pieces and so on. Although international trade in tiger products has been banned since 1987 and domestic trade within China since 1993, tigers continue to be poached and Chinese entrepreneurs have established tiger farms in anticipation of their demise. While China desires to permit sale of tiger products from captive-bred tigers, this is opposed on the grounds that it likely encourages illegal killing. Instead, wildlife conservationists lobby for more spending on anti-poaching and trade-ban enforcement. In this study, a mathematical...
Tipo: Working or Discussion Paper Palavras-chave: Endangered species; Extinction; Wildlife farming and bioeconomics; Environmental Economics and Policy; Q57; Q27; C61; F13.
Ano: 2009 URL: http://purl.umn.edu/46994
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TOWARDS MORE SOCIALLY RESPONSIBLE COCOA TRADE AgEcon
Abbott, Philip C..
Cocoa is a classic Third World cash crop. It is produced mostly by small, poor farmers in Africa, while its products - chocolate and sun tan oil - are consumed by rich consumers in North America and Europe. A few West African economies are highly dependent on foreign exchange earned from cocoa sales. It has therefore been targeted by Oxfam's Fair Trade initiative, and IITA's Sustainable Tree Crops Program (STCP) is launching an effort of become more aligned with consumer's social preferences. The most obvious dimension to addressing consumer demand for cocoa products is to insure provision of high quality products, which has become problematic since structural adjustment programs have dismantled the African parastatals governing cocoa production and...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/14603
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Distortions to Agricultural Incentives in Cote d’Ivoire AgEcon
Abbott, Philip C..
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/48522
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Report of ESCOP Subcommittee on Domestic and International Markets and Policy AgEcon
Abbott, Philip C.; Johnson, D. Gale; Johnson, Robbin S.; Meyers, William H.; Rossmiller, George Edward; White, T. Kelley; McCalla, Alex F..
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1989 URL: http://purl.umn.edu/51253
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Targeted Agricultural Export Subsidies and Social Welfare AgEcon
Abbott, Philip C.; Paarlberg, Philip L.; Sharples, Jerry A..
Most agricultural export subsidies are targeted to specific countries. This paper demonstrates that in a standard general equilibrium model of international trade, a small targeted subsidy increase the welfare of the subsidizing country by exploiting differences in price responsiveness of demand relationships of importers. A single-product spatial equilibrium model then is used to show that targeted export subsidies can be used to increase the subsidizing country's welfare by exploiting transportation cost differences and the elasticity of excess supply of competitors or of markets supplied by competitors through subsidization of shared markets. In addition, an empirical model of the world wheat market is used to illustrate the theoretical conclusions.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1986 URL: http://purl.umn.edu/51235
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