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A SPATIAL ANALYSIS OF THE ECONOMIC AND ECOLOGICAL EFFICACY OF LAND RETIREMENT

Conference Papers & Reports
December, 2001

Most land management policies, such as land retirement, have multiple objectives. This study uses a cellular automata simulation model to explore how various spatial characteristics of land parcels on a hypothetical landscape contribute to the efficacy of land retirement in the presence of multiple retirement objectives-– hydrological improvement, habitat improvement, and cost. Statistical analysis of the simulation results is used to tie particular spatial characteristics back to achievement of the three distinct objectives.

ECONOMIC EFFECT OF IMPERFECT INFORMATION ON CONSERVATION DECISIONS

Policy Papers & Briefs
December, 1996

Cotton farmers in the Piedmont region incorrectly believe conservation systems with winter cover crop and no-till cultivation yield less than conventional systems. We model the effect of organic matter on productivity and show how ignoring this effect causes returns to be underestimated. Farmers with imperfect information underinvest in residue management.

A TRANSACTION COST ECONOMICS AND PROPERTY RIGHTS THEORY APPROACH TO FARMLAND LEASE PREFERENCES

Conference Papers & Reports
December, 2001

Numerous theoretical approaches to farmland leasing contract choice have been developed with little consistent empirical support, particularly for the Corn Belt. A unique theoretical approach to explaining farmers' lease preferences is presented, using a combination of transaction cost economics and property rights theory. Results demonstrate that both transactional and certain producer characteristics are important motivators of contract choice.

Alternative Soil Fertility Management Options in Malawi – An Economic Analysis

Conference Papers & Reports
December, 2006
Malawi

In this paper, we analyze the factors that influence t he productivity of maize among smallholder farmers, given that unfavourable output and input market conditions throughout the 1990s have compelled smallholder farmers into unsustainable agricultural intensification. We use farm-household survey data in order to compare the productivity of smallholder maize production under integrated (ISFM) and chemicalbased soil fertility management using a normalized translog yield response model.

Competition-Based Environmental Policy: An Analysis of Farmland Preservation in Maryland

Policy Papers & Briefs
December, 2007

This paper studies bidder behavior in an innovative program in which farmers compete to sell their development rights to the State. We derive a reduced form bidding model that includes both private value and common value components. This model allows us to estimate the role of bidder competition, the winner’s curse correction, and the underlying distribution of private values. We find that competition reducelers adjust for a possible winner’s curse by increasing their bids by roughly 10 percent over their reservation values.

Integrating Farmer Decision-Making to Target Land Retirement Programs

Conference Papers & Reports
December, 2003

This paper develops a model to examine the impacts of uncertainty about crop production and irreversibility of program participation on determining land rental payments and least-cost land retirement targeting in the Conservation Reserve Enhancement Program. Results show that under risk aversion only, the marginal cost of abatement and the average land rental payment are less than those under risk neutrality. However, under uncertainty and irreversibility, the marginal cost and the average land rental payment are considerably higher than those under risk neutrality or risk aversion only.

INCOME GROWTH AND PESTICIDE CONSUMPTION IN THE FUTURE: APPLYING THE ENVIRONMENTAL KUZNETS CURVE HYPOTHESIS

Conference Papers & Reports
December, 2003

Applying the Environmental Kuznets Curve hypothesis, the economic structure of pesticide consumption in the world was examined and its future consumption was predicted. It was found that the hypothesis is applicable and the income level significantly affects the pesticide consumption. Additionally, sustained population per land is also influential. In spite of the applicability of the hypothesis, it was also demonstrated that the great increase of pesticide consumption in developing countries would be predicted.