Recent literature has investigated whether the welfare gains from environmental taxation are
larger or smaller in a second-best setting than in a first-best setting. This question has mainly
been addressed indirectly, by asking whether the second-best optimal environmental tax is higher
or lower than the first-best Pigouvian rate. Even this...
A major challenge for biodiversity conservation is to mitigate the effects of future environmental change, such as land use, in important areas for biodiversity conservation. In the United States, recent conservation efforts by The Nature Conservancy and partners have identified and mapped the nation's Areas of Biodiversity Significance (ABS), representing...
Chile’s open trade policy, implemented during the last few decades, has greatly transformed Chilean farmers and their production systems. As a result, farmers can be grouped into three categories based on their market-production orientation: domestic, transitional or export producers. The objective of this paper is to analyze the factors underlying...
Water scarcity may appear to be a simple concept, but it can be difficult to apply to complex natural-human systems. While aggregate scarcity indices are straightforward to compute, they do not adequately represent the spatial and temporal variations in water scarcity that arise from complex systems interactions. The uncertain effects...
We evaluate the return on investment (ROI) from public land conservation in the state of Minnesota, USA. We use a spatially-explicit modeling tool, the Integrated Valuation of Ecosystem Services and Tradeoffs (InVEST), to estimate how changes in land use and land cover (LULC), including public land acquisitions for conservation, influence...
This study examines productivity change in the Mid-Atlantic surfclam and ocean quahog fishery, which has been managed since 1990 using Individual Transferable Ouotas (ITQ). Productivity change is estimated through a Malmquist index from 1981-2008, capturing change before and after implementation of the quota system. We then decompose the index to...
Unlike most investor-owned enterprises, cooperatives often have freedom to choose among a variety of firm objectives. Using 2002–2008 plantand province-level data, we ask in the present article which of several alternative maximands a Korean cooperative rice processing firm pursues. In contrast to earlier studies, farmer-member supply functions are incorporated into...
Economic theory predicts that individual migration decisions for working-age adults will depend on area differences in wages, housing costs, and amenities. While the importance of wages and amenities is well-established from previous empirical studies, evidence regarding housing costs is far less conclusive. We develop and test a new method for...
Consumer demand for local food, including local meat and poultry, has risen in recent years. Meat and poultry processors are essential links in local meat supply chains. To sell meat, farmers need access to appropriately scaled processing facilities with the skills, inspection status, and other attributes to prepare these products...
Malaria tends to have a negative correlation with national income per capita. Many existing studies emphasize how falling rates of malaria can enhance economic development due to the beneficial effect on human capital. This paper emphasizes that causality may also run in the opposite direction, in particular, that higher incomes—arising...