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Registros recuperados: 8
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Are Consumers Willing to Pay for Organic When the Food is Already Local? AgEcon
Connolly, Cristina; Klaiber, H. Allen.
The emergence of community supported agriculture (CSA) farms has provided a new way for small farms to remain competitive while engaging their local community through direct marketing. In this study, we report on some of the first revealed preference valuation of CSA attributes, including the willingness to pay for competing organic certification programs. Using data on the prices and attributes of 188 CSA farms spanning Ohio and Pennsylvania we estimate willingness to pay measures from both hedonic and nearest-neighbor matching methods. Results from a semi-log hedonic reveal a willingness to pay of approximately 9% for organic branding compared to natural, which translates into an additional $48 per summer season share. We also find a statistically...
Tipo: Working Paper Palavras-chave: Organic; Local; Matching; Hedonic; Community supported agriculture; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Q13; Q51.
Ano: 2012 URL: http://purl.umn.edu/124364
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Estimating the Price Elasticity of Demand for Water with Quasi Experimental Methods AgEcon
Klaiber, H. Allen; Smith, V. Kerry; Kaminsky, Michael; Strong, Aaron.
There is a growing recognition in both the professional and popular literatures that water scarcity is a key policy issue that is especially important in arid, urban settings with the prospects for shortfalls in water availability due to the effects of climate change. Those evaluating these types of water problems usually conclude prices must be reformed so that incentives facing water users change to reflect this scarcity. Demand functions provide the basic economic relationships required to understand how water use will respond to such changes. This paper proposes a new method for estimating the price elasticity of demand that meets policy needs and can accommodate the presence of increasing block pricing structures.
Tipo: Conference Paper or Presentation Palavras-chave: Water Demand Elasticity; Quasi Experiment; Climate Change; Consumer/Household Economics; Demand and Price Analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61039
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Exploiting spatial and temporal variations in residential subdivision development to identify urban growth spillovers AgEcon
Towe, Charles A.; Klaiber, H. Allen; Wrenn, Douglas H.; Newburn, David A.; Irwin, Elena G..
Minimum lot size zoning requirements are a frequent policy tool used to restrict the density and location of residential development. Zoning regulations are typically instituted and adopted locally, often with limited input from surrounding jurisdictions. Autonomous local land use regulations that constrain some, but not all development within a region create discrete differences in the returns to development across otherwise similar locations and are hypothesized to lead to a lower density, more scattered land development pattern. We examine the rural down-zoning policy in Baltimore County, Maryland in 1976 and its potential effect on creating urban growth spillovers in the adjacent counties. Using propensity score matching methods combined with a...
Tipo: Conference Paper or Presentation Palavras-chave: Down-zoning; Propensity score matching; Low density development; Housing supply; Community/Rural/Urban Development.
Ano: 2011 URL: http://purl.umn.edu/104010
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Is There Evidence that Legislative Ambition Matches Development? Evaluating the Factors Influencing Wind Energy Development AgEcon
Klaiber, H. Allen; Belasco, Eric J.; Williams, Ryan Blake.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61613
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Sufficient Statistics for Measuring the Value of Changes in Local Public Goods: Does Chetty’s Framework Inform Lind? AgEcon
Klaiber, H. Allen; Smith, V. Kerry.
The performance of quasi-experimental methods applied to changes in non-market goods depends on the ability of reduced form models to accurately measure willingness to pay. When exogenous changes are non-marginal, the accuracy of the reduced form approximations is not well understood. Further complicating the performance of reduced form models is that the true representation of the non-market good in household utility functions may differ from the perceptions of that good as captured in the reduced form model. This paper evaluates a series of before/after quasi-experiments where the true model is known and examines the performance of these methods under a variety of conditions. We find that performance is impacted by the scale of the change and that...
Tipo: Conference Paper or Presentation Palavras-chave: Welfare Measurement; Quasi-Experiment; Assignment Model; Perceptions; Non-Marginal Change; Open Space; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/49596
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The Impact of Shale Exploration on Housing Values in Pennsylvania AgEcon
Klaiber, H. Allen; Gopalakrishnan, Sathya.
Horizontal drilling and hydraulic fracturing processes to extract shale gas have raised concerns among local residents over the safety of these new drilling techniques. To assess whether potential negative externalities associated with shale gas exploration are capitalized into surrounding homeowners property values, we estimate a hedonic model combining data on 3,464 housing sales occurring between 2008 and 2010 in a suburban/rural county south of Pittsburgh, PA which experienced large numbers of new horizontal Marcellus wells beginning in late 2008. Using hedonic methods, we find a negative and significant impact to households in close proximity both spatially and temporally to this activity. Further we find that this negative impact disproportionately...
Tipo: Presentation Palavras-chave: Shale gas; Housing values; Risk perceptions; Hedonic; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Q51; Q52; R21.
Ano: 2012 URL: http://purl.umn.edu/124368
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The Role of Theoretical Restrictions in Price Forecasting with Inverse Demand Models AgEcon
Klaiber, H. Allen; Holt, Matthew T..
In recent years the theoretical restrictions of consumer demand have been examined in post sample forecasting exercises. However, this work has uniformly ignored the concavity restrictions of consumer demand. In this paper we evaluate a series of Normalized Quadratic Inverse Demand System (NQIDS) specifications using rolling windows and generating one-- to four--step ahead forecasts. To estimate the models, eleven categories of South Atlantic fish are used from 1980 through 2001. In addition to the NQIDS, we also examine the forecasting performance of a purely time series model. We find that the best predictions are achieved using a composite forecast.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/9968
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THE VALUE OF WATER AS AN URBAN CLUB GOOD: A MATCHING APPROACH TO HOA-PROVIDED LAKES AgEcon
Abbott, Joshua K.; Klaiber, H. Allen.
Urban lakes located in arid environments require large quantities of water to maintain their water levels, with much of this water associated with high opportunity costs. Many of these lakes are manmade and provide various amenities to surrounding residents. In this paper we use matching techniques to recover the average capitalized value of lakes to surrounding communities and differentiate between community members and adjacent households to recover heterogeneous treatment effects. Importantly, we consider the role of both unobservable and observable features of matching to recover heterogeneous capitalization across lake communities. Our results suggest that the capitalized value of lakes to community residents is highly heterogeneous and ranges from an...
Tipo: Conference Paper or Presentation Palavras-chave: Matching; Treatment effects; Urban lakes; Capitalization; Environmental Economics and Policy; Political Economy; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103781
Registros recuperados: 8
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