Using a panel data set on the local telecommunications companies reporting to the FCC
for 1988-95, this paper investigates the subadditivity of the cost function, as well as
technical and allocative inefficiency of the U.S. local telephone industry. The subadditivity
test on the estimated translog cost function indicates that certain...
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...
Non-point agricultural contaminants, such as nitrogen, may lower groundwater quality and thereby impose health and environmental risks. The objective of this study is to evaluate tax policies to control agricultural pollutants in a spatially heterogeneous and dynamic setting. The focus of the study is non-point source nitrate contamination of groundwater...
This thesis investigated the contribution of the forest to neighboring property
prices and explored the possible impacts from different neighboring forest characteristics
with the hedonic property price model.
The quadratic Box-Cox model was applied to choose the proper functional form.
The square root model was chosen to be the interpretable...
This dissertation consists of three papers on the use of incentives for conservation of endangered species on private land. The first paper examines incentives based on providing landowners with assurances regarding future regulation in exchange for their participation in a conservation agreement. The second and third papers are empirical analyses...