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  • Articles  (21)
  • Natural Resources  (11)
  • Biodiversity Conservation  (10)
  • 2010-2014  (21)
  • 1950-1954
  • Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition  (21)
  • 1
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    The System of Rice Intensification and its Impacts on Household Income and Child Schooling: Evidence from Rural Indonesia (2014)
    Oxford University Press
    Details
    Publication Date: 2014-01-22
    Description: The yield potential of a set of improved rice management practices, known as the System of Rice Intensification (SRI), has attracted much attention. Yet we know surprisingly little about SRI's socio-economic impact. Using data from Indonesia in 2009, this study assesses the impact of SRI on household incomes and child schooling. We find that SRI generates significant estimated yield gains. However, because SRI induces a reallocation of family labor from non-farm to farm, SRI users enjoy no household income gains. Despite the increased labor demand for farming, we find no evidence that SRI has a child labor effect.
    Keywords: D10 - General, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, O33 - Technological Change: Choices and Consequences ; Diffusion Processes, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 2
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    Estimating Endangered Species Interaction Risk With the Kalman Filter (2014)
    Oxford University Press
    Details
    Publication Date: 2014-03-21
    Description: To address the tradeoff between biodiversity conservation in marine ecosystems and fishing opportunity, it is important to quantify the risk of endangered species interactions in commercial fisheries. We propose a Kalman filter suitable for rare events to estimate the endangered leatherback turtle take risk in the California drift gillnet fishery in the years 1990–2010, conditional on spatiotemporal factors that affect take rates. Results suggest interaction risk has remained stable, but with substantial variation over the spatiotemporal distribution of effort. Our methods might also apply to recreation demand analysis with rare event risk, or to applications involving irregularly spaced observations, like trade-level stock market data.
    Keywords: Q22 - Fishery ; Aquaculture, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics, Q58 - Government Policy
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 3
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    Crying Wolf? A Spatial Analysis of Wolf Location and Depredations on Calf Weight (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: Combining a novel panel dataset of 18 Montana ranches with spatial data on known wolf pack locations and satellite-generated climatological data from 1995-2010, we estimate the spatial impact of changing wolf pack locations and confirmed wolf depredations on the weight of beef calves. We find no evidence that wolf packs with home ranges that overlap ranches have any detrimental effects on calf weights. Other non-wolf factors, notably climate and individual ranch-specific husbandry practices, explained the majority of the variation in the weight of calves. However, ranches that experienced a confirmed cattle depredation by wolves had a negative and statistically significant impact of approximately 22 pounds on the average calf weight across their herd, possibly due to inefficient foraging behavior or stress to mother cows. For ranches experiencing confirmed depredation, the costs of these indirect weight losses are shown to potentially be greater than the costs of direct depredation losses that have, in the past, been the only form of compensation for ranchers who have suffered wolf depredations. These results demonstrate a potentially important and understudied aspect of economic conflict arising from the protection and funding of endangered species recovery programs.
    Keywords: Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets, Q51 - Valuation of Environmental Effects, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 4
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    Capitalized Costs of Habitat Conservation Easements (2014)
    Oxford University Press
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    Publication Date: 2014-04-05
    Description: Perpetual conservation easements permanently remove the option to convert existing habitat to more intensive agricultural production. If existing habitat is at threat of conversion, removing the option to convert will reduce land values. In this article, we estimate the land value discount resulting from perpetual habitat conservation easements by using propensity score matching. We find that on the average eased parcel, land values fall by approximately $86 per acre for every acre of eased habitat. On average, our results suggest that landowners have been adequately compensated and conservation agencies have successfully secured habitat at risk of conversion.
    Keywords: Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation, Q24 - Land, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 5
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    Foreclosures and Invasive Insect Spread: The Case of Asian Citrus Psyllid (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: Human economic activity is considered to be an important factor in exacerbating the speed of invasive species spread, but may also play an important role in preventing it. In this study, we investigate the role of home foreclosure in the spread of Asian Citrus Psyllid (ACP, Diaphorina citri Kuwayama ) throughout residential areas of Southern California. We find that foreclosures are indeed a significant factor in explaining ACP spread, even after controlling for other human and environmental effects. Our results suggest that human economic activity may be more important in controlling the spread of invasive species than previously realized, and that the external costs of the foreclosure problem may also be underestimated.
    Keywords: C23 - Models with Panel Data, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 6
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    Relative Preferences for Soil Conservation Incentives among Smallholder Farmers: Evidence from Malawi (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: This paper uses framed choice experiments to examine the preferences of smallholder farmers in Malawi regarding alternative policy-based incentives to adopt conservation practices that reduce soil erosion and increase yields. The policy incentives offered in the choice experiments included an ideal index-based crop insurance contract, an index insurance contract with basis risk, cash payments, and fertilizer subsidies. Prior to implementing the choice experiments, the farmers participated in a workshop utilizing small group-based dynamic learning games that demonstrated how index-based crop insurance contracts function. The choice experiment results indicate that most farmers preferred cash payments to index insurance contracts, even when the insurance contracts offered substantially higher expected returns. Further, more risk averse farmers were more likely to prefer cash payments than less risk averse and risk loving farmers.
    Keywords: C93 - Field Experiments, O12 - Microeconomic Analyses of Economic Development, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q18 - Agricultural Policy ; Food Policy
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 7
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    An Efficient Nonmarket Institution under Imperfect Markets: Labor Sharing for Tropical Forest Clearing (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: This article examines the substitutability, productivity, efficiency, and evolution of an important agrarian nonmarket institution—labor sharing. Analysis of field-level data on forest clearing through time among Amazonian shifting cultivators reveals that ( a ) family, hired, and cooperative labor are perfect substitutes, and hired and cooperative labor are equally productive, and both are more productive than family labor; ( b ) the combination of labor market and labor sharing makes productivity-adjusted total labor use unconstrained by household and network endowments (i.e., efficient labor allocation); and ( c ) as labor composition is constrained by network endowments and liquidity, credit policies alter both labor composition and labor network formation.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, O15 - Human Resources ; Human Development ; Income Distribution ; Migration, O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 8
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    Agricultural Rodent Control Using Barn Owls: Is It Profitable? (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: We develop a model to evaluate the profitability of controlling rodent damage by placing barn owl nesting boxes in agricultural areas. The model incorporates the spatial patterns of barn owl predation pressure on rodents, and the impact of this predation pressure on nesting choices and agricultural output. We apply the model to data collected in Israel and find the installation of nesting boxes profitable. While this finding indicates that economic policy instruments to enhance the adoption of this biological control method are redundant, it does support stricter regulations on rodent control using rodenticides.
    Keywords: Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation, Q18 - Agricultural Policy ; Food Policy, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 9
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    Do CAP payments reduce farm labour migration? A panel data analysis across EU regions (2014)
    Oxford University Press
    Details
    Publication Date: 2014-11-11
    Description: This paper deals with the determinants of out-farm migration across the European Union (EU) regions focusing on the role played by CAP payments. We add to the existing literature in three main directions. First, our analysis has broad coverage (150 EU regions over the 1990–2009 period); second, we work on the entire portfolio of CAP instruments; third, we rely on modern panel data methods. Results show that standard drivers, such as the relative income and the relative labour share, are important determinants of out-farm migration. Overall, CAP payments significantly contributed to maintain job in agriculture, though the magnitude of the economic effect has been quite moderate and heterogeneous across policy instruments. Pillar I subsidies exerted an effect more than two times greater than that of Pillar II payments.
    Keywords: J21 - Labor Force and Employment, Size, and Structure, J43 - Agricultural Labor Markets, J60 - General, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets, Q18 - Agricultural Policy ; Food Policy
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 10
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    Individual and Cooperative Management of Invasive Species in Human-mediated Landscapes (2014)
    Oxford University Press
    Details
    Publication Date: 2014-12-13
    Description: As a bioinvasion spreads across a landscape from its point of introduction, damages rise roughly with the square of the distance from the original invasion. It is thus generally beneficial, at the landscape scale, to apply eradication or containment controls early if not immediately upon discovery. However, an individual property owner only has incentives to consider the costs and benefits of control on his/her own property rather than potential landscape-scale damages. Bioinvasions will therefore generally be under-controlled in a landscape of independent owners operating under a laissez-faire system. A mechanism is thus needed to induce early cooperative contributions to control costs from beneficiaries who would, without them, be invaded later. We develop a spatially-explicit, integrated model of invasion spread and human behavior to examine how different degrees of spatial cooperation affect patterns of invasion spread and the total costs and damages imposed. We compare individual laissez-faire, cooperative control by adjacent neighbors, and cooperative control by groups including more distant but nearby neighbors. As expected, private laissez-faire control decisions tend to under-control the invasion relative to socially optimal control under most circumstances. But a reasonably high fraction of first best payoffs can be achieved with only a modest geographical reach of cooperation. We also find that less extensive cooperation is needed to control invasions whose costs and damages otherwise lead to the largest externalities (circumstances with costs that are relatively low compared with damages). This suggests that even small amounts of cooperation to control bioinvasions can provide large social benefits.
    Keywords: Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation, Q24 - Land, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 11
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    Capitalized Amenity Value of Native Vegetation in a Multifunctional Rural Landscape (2014)
    Oxford University Press
    Details
    Publication Date: 2014-12-13
    Description: In many parts of the world, natural vegetation has been cleared to allow agricultural production. To ensure a long-term flow of ecosystem services without compromising agricultural activities, restoring the environment requires a balance between public and private benefits and costs. Information about private benefits generated by environmental assets can be utilized to identify conservation opportunities on private lands, evaluate environmental projects, and design effective policy instruments. We use a spatio-temporal hedonic model to estimate the private benefits of native vegetation on rural properties in the state of Victoria, Australia. Specifically, we estimate the marginal value of native vegetation on private land and examine how it varies with the extent of vegetation on a property and across a range of property types and sizes. Private benefits of native vegetation are greater per unit area on small and medium-sized properties and smaller on large production-oriented farms. Native vegetation exhibits diminishing marginal benefits as its proportion of a property increases. The current extent of native vegetation cover is lower than the extent that would maximize the amenity value to many landowners. There is scope for improved targeting of investment in the study region by incorporating private benefits of environmental projects into environmental planning processes. Landowners with high marginal private benefits from revegetation would be more willing to participate in a revegetation program. Targeting these landowners would likely provide higher value for money because such projects could be implemented at lower public cost.
    Keywords: Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 12
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    Traps and Thresholds in Pastoralist Mobility (2014)
    Oxford University Press
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    Publication Date: 2014-12-13
    Description: This article presents a new approach to identifying poverty traps in East African pastoralist communities. A flexible semiparametric estimation procedure is used to identify a bifurcation in the propensity to engage in the asset-based, mobile herding livelihood, in comparison to the sedentary alternative, as a function of herd size. The identified threshold is consistent with previous evidence on poverty traps based on modeling herd stock dynamics. The approach contributes to an emerging literature that seeks to identify poverty traps through testing the implications of the posited behavioral mechanism behind the trap, as opposed to directly modeling asset dynamics. The approach is further employed to provide complementary evidence on the relationship between ability and assets in sustaining mobile pastoralism.
    Keywords: O12 - Microeconomic Analyses of Economic Development, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 13
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    LUMINATE: linking agricultural land use, local water quality and Gulf of Mexico hypoxia (2014)
    Oxford University Press
    Details
    Publication Date: 2014-07-03
    Description: In this paper, we discuss the importance of developing integrated assessment models to support the design and implementation of policies to address water quality problems associated with agricultural pollution. We describe a new modelling system, LUMINATE, which links land use decisions made at the field scale in the Upper Mississippi, Ohio and Tennessee Basins through both environmental and hydrological components to downstream water quality effects and hypoxia in the Gulf of Mexico. This modelling system can be used to analyse detailed policy scenarios identifying the costs of the policies and their resulting benefits for improved local and regional water quality. We demonstrate the model's capabilities with a simple scenario where cover crops are incentivised with green payments over a large expanse of the watershed.
    Keywords: Q51 - Valuation of Environmental Effects, Q52 - Pollution Control Costs ; Distributional Effects ; Employment Effects, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 14
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    The Transition to Modern Agriculture: Contract Farming in Developing Economies (2014)
    Oxford University Press
    Details
    Publication Date: 2014-09-02
    Description: Recent years have seen considerable interest in the impact of contract farming on farmers in developing countries, motivated out of belief that contract farming spurs transition to modern agriculture. In this article, we provide a thorough review of the empirical literature on contract farming in both developed and developing countries, using China as a special case of the latter. We pay careful attention to broad implications of this research for economic development. We first find empirical studies consistently support the positive contribution of contract farming to production and supply chain efficiency. We also find that most empirical studies identify a positive and significant effect of contract farming on farmer welfare, yet are often unable to reach consistent conclusions as to significant correlates of contract participation.
    Keywords: L23 - Organization of Production, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 15
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    The Impact of Credit Constraints on Farm Households: Survey Results from India and China (2013)
    Oxford University Press
    Details
    Publication Date: 2013-11-22
    Description: India and China have the largest farm-household populations in the world—populations that are also among the poorest. Among the many factors that affect farm livelihoods, access to credit has been identified as a significant barrier preventing the escape from poverty. While there has been significant research on credit constraints in developing countries, there is surprisingly little information pertaining to the actual impacts of credit constraints on household well-being. The objective of this paper is to investigate the impacts of credit constraints on various factors affecting farm households, such as physical and human capital formation, agricultural inputs applications, consumption smoothing, and wage-seeking behavior using direct elicitation. This paper contributes to the literature and policy debates by comparing the effects of credit constraints in China and India as surveyed in 2008–2009. The analytical results and data demonstrate that binding credit constraints adversely affect a broad range of production and livelihood choices. We empirically show that credit constraints negatively affect food consumption, farm input applications, and health and educational attainments.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets, Q13 - Agricultural Markets and Marketing ; Cooperatives ; Agribusiness
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 16
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    The Impact of Information Provision on Agglomeration Bonus Performance: An Experimental Study on Local Networks (2014)
    Oxford University Press
    Details
    Publication Date: 2014-07-23
    Description: The agglomeration bonus is an incentive mechanism to induce adjacent landowners to spatially coordinate their land use for the delivery of ecosystem services from farmland. This paper uses laboratory experiments to explore the performance of the agglomeration bonus in achieving the socially optimal land management configuration in a local network environment where the information available to subjects varies and the strategic setting is unfavorable for efficient coordination. The experiments indicate that if subjects are informed about both their direct and indirect neighbors’ actions, they are more likely to produce the socially optimal configuration. Thus effectiveness of the policy can be improved by implementing information dissemination exercises among landowners. However given the adverse strategic setting, increased game experience leads to coordination failure and optimal land choices only at the localized level independent of the information available to subjects. Thus success of the agglomeration bonus scheme on real landscapes will have to take account of the roles of both information and experience on participant behavior.
    Keywords: C72 - Noncooperative Games, C91 - Laboratory, Individual Behavior, C92 - Laboratory, Group Behavior, D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief, D85 - Network Formation and Analysis: Theory, Q25 - Water, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 17
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    Impact of Third-party Contract Enforcement in Agricultural Markets--A Field Experiment in Vietnam (2014)
    Oxford University Press
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    Publication Date: 2014-07-23
    Description: We study the effect of alleviating the information asymmetry regarding product quality that is widespread in contracts between agricultural producers and buyers in developing countries. Opportunistic buyers may underreport quality levels to farmers to reduce the price that they have to pay. In response, farmers may curb investment, thereby negatively affecting farm productivity. In an experiment, we entitle randomly selected smallholder dairy farmers in Vietnam, who are contracted by a large company, to independently verify milk testing results. Results indicate that treatment farmers use 12% more inputs, and they also increase their output significantly. Some wider research and policy implications are discussed.
    Keywords: C93 - Field Experiments, D82 - Asymmetric and Private Information, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q13 - Agricultural Markets and Marketing ; Cooperatives ; Agribusiness
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 18
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    Long-run and Short-run Co-movements in Energy Prices and the Prices of Agricultural Feedstocks for Biofuel (2014)
    Oxford University Press
    Details
    Publication Date: 2014-07-23
    Description: Recent expansions in biofuel production have led to concerns about an emerging "new relationship" between energy prices and the prices of agricultural feedstock for biofuel. We provide new econometric evidence on this relationship using common trend-common cycle decompositions to estimate long-run and short-run co-movement across various energy and agricultural prices. We also test for the presence of regime changes that may alter the relationship between energy and agricultural feedstock prices under certain conditions. We find that co-movements between energy and agricultural feedstock prices tend to dissipate in the long-run, which has important implications for biofuel and food policy.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q11 - Aggregate Supply and Demand Analysis ; Prices, Q20 - General
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 19
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    Spatial distribution of organic farming in Germany: does neighbourhood matter? (2012)
    Oxford University Press
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    Publication Date: 2012-08-03
    Description: The spatial distribution of organic farming can be explained by combining the traditional location factors that account for spatial heterogeneity with the concept of spatial dependence. We present a theoretical model that explains a farmer's decision to convert to organic farming, and this conceptual framework is then implemented in a spatial lag model by using secondary data for Germany at the county level. The results support the assertion that agglomeration effects are important in the organic farming sector. Potential policy implications include a concentration of development measures for organic farming in certain regions.
    Keywords: C21 - Cross-Sectional Models ; Spatial Models ; Treatment Effect Models, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, R12 - Size and Spatial Distributions of Regional Economic Activity
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 20
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    Marketed outputs and non-marketed ecosystem services: the evaluation of marginal costs (2013)
    Oxford University Press
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    Publication Date: 2013-07-31
    Description: We provide a new approach for assessing the cost effectiveness of green payment schemes. We allow for complementary, supplementary and competitive relationships between agricultural production and non-marketed ecosystem services generation. Our theoretical model distinguishes three theoretical cases depending on the minimum level of the non-marketed ecosystem services. These cases are empirically investigated using a flexible transformation function and farm-level panel data from the UK. We find that the biophysical connections between the non-marketed ecosystem services and market activities have important implications for marginal costs.
    Keywords: Q18 - Agricultural Policy ; Food Policy, Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics, Q58 - Government Policy
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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  • 21
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    A Hedonic Valuation of Residential Water Services (2013)
    Oxford University Press
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    Publication Date: 2013-12-05
    Description: This paper investigates the economic value of municipal, private, and community-managed water services in Guatemala through a hedonic analysis of rental housing prices observed in 2006. Hedonic models are jointly estimated with water service choices using a maximum simulated likelihood approach in order to control for potential endogeneity. Findings indicate that the value of piped water depends on the type of water utility. The estimated value of municipal services is at least 15 times as much as the average water bill, while value estimates are not significant for private and community-managed systems. Value differentials are discussed considering the performance of water utilities and their institutional arrangements.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q25 - Water, Q51 - Valuation of Environmental Effects
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
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