The concept of ecosystem management requires that management prescriptions account for economic and environmental goals that are measured in non-commensurate units. This study examines the economic and environmental trade-offs associated with planting a riparian buffer in trees to reduce stream temperatures in the Mohawk watershed, Oregon. The detrimental effects of...
This study examines the link between policy-induced
changes in the relative prices of Mexican and U.S. frozen
vegetables and their shares of the U.S. market. Several
scenarios were examined in order to assess the impacts on
quantities demanded of both U.S. and Mexican produced
frozen vegetables caused by changes in...
The acquisition and elimination of products and the resources needed to create them constitutes an important part of the business decision-making process. Activity-based costing (ABC) supports this process by providing a tool for evaluating the relative profitability of various products. It accomplishes this by allocating costs to products based on...
To facilitate policy making and improve understanding of issues facing the New Zealand forest sector, a spatial equilibrium model was developed for log and lumber trade in the Pacific Rim. Regions included in the model were New Zealand, Chile, Australia, Japan, Eastern Canada, British Columbia: Coast and Interior, and the...
Governments in less developed countries have recognized
in recent years the need to liberalize economic policies in
order to increase efficiency in agricultural commodity
markets. In an attempt to help decision makers assess
alternative choices, most policy studies, however, have
focused on the efficiency norm criterion without much
consideration for...
Projects have a life cycle, and termination of a project by a firm from the market is considered to be a part of the project life cycle. Project needs to be terminated when the project has failed or at the point when the company is expecting the project to fail....
Many important policy problems entail linkages among multiple economic sectors, and require the use of a general equilibrium economic modeling framework. This economic approach is appropriate when the market for any one good or service is linked to numerous other goods and services, and back to fundamental inputs such as...
The present study employs a normalized restricted quadratic profit function approach to estimate lumber and plywood supply and Marshallian factor demand elasticities for four region-product combinations in Oregon for the period 1970-2010. The four log demand functions will be employed as the "demand side" of the log market model of...
Japan is the largest market for U.S. forest products.
Therefore, export of wood products to this country is
critical to the economic life of the forest industry in
the U.S. and particularly for the Pacific Northwest.
Hence, economic conditions and developments in Japan may
significantly affect the volume of trade...
Farm equipment is becoming an increasingly important
financial asset for many farmers. Tractors probably represent the
single largest component of equipment asset value. As such, changes
in tractor values can have a dramatic effect on a farmer's financial
situation. Changes in equipment value can be attributed to
depreciation and the...