{"title":"JARE Back Matter","authors":"Waea","doi":"10.22004/AG.ECON.305288","DOIUrl":"https://doi.org/10.22004/AG.ECON.305288","url":null,"abstract":"","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44898538","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
White Bear Lake, Minnesota, has lost a large amount of water due to excessive groundwater extraction. Using a general nested spatial hedonic pricing model, this paper identifies and evaluates the impact of water loss in the lake on lakeshore properties. In addition to providing a quantitative estimate of property value loss, the results show that the marginal loss intensifies as water level persistently declines further. The findings of this study alert emerging urban areas to the negative externalities of failing to balance the tasks of meeting increased water demand as well as achieving sustainable water use.
{"title":"Valuation of Water Level: A Spatial Hedonic Analysis on Lakeshore Properties","authors":"Weiwei Liu","doi":"10.22004/AG.ECON.298432","DOIUrl":"https://doi.org/10.22004/AG.ECON.298432","url":null,"abstract":"White Bear Lake, Minnesota, has lost a large amount of water due to excessive groundwater extraction. Using a general nested spatial hedonic pricing model, this paper identifies and evaluates the impact of water loss in the lake on lakeshore properties. In addition to providing a quantitative estimate of property value loss, the results show that the marginal loss intensifies as water level persistently declines further. The findings of this study alert emerging urban areas to the negative externalities of failing to balance the tasks of meeting increased water demand as well as achieving sustainable water use.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46467775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study uses a laboratory valuation experiment to examine whether food fraud occurring in one country affects the valuation of products from that country as well as products from other countries. We use a between-subject experiment design to compare consumers’ valuation of extra virgin olive oil (EVOO) from different countries with and without exposure to information about olive oil fraud occurring in one of the countries. Results show that information about olive oil fraud in one country negatively affects the valuation of EVOO not only from that country but also from other countries, indicating negative spillover effects of food fraud.
{"title":"Consumers’ Response to Food Fraud: Evidence from Experimental Auctions","authors":"Syed Imran Ali Meerza, C. Gustafson","doi":"10.22004/AG.ECON.302451","DOIUrl":"https://doi.org/10.22004/AG.ECON.302451","url":null,"abstract":"This study uses a laboratory valuation experiment to examine whether food fraud occurring in one country affects the valuation of products from that country as well as products from other countries. We use a between-subject experiment design to compare consumers’ valuation of extra virgin olive oil (EVOO) from different countries with and without exposure to information about olive oil fraud occurring in one of the countries. Results show that information about olive oil fraud in one country negatively affects the valuation of EVOO not only from that country but also from other countries, indicating negative spillover effects of food fraud.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43491840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We develop a four-sector (labor-intensive agriculture, capital-intensive agriculture, service & construction, and manufacturing) general-equilibrium model of North American countries to analyze the effects of tighter U.S. immigration policies. Results show that these policies erode the comparative advantage of U.S. labor-intensive agriculture, causing U.S. production and exports to fall and other countries to expand their exports to the United States. In Mexico, low-skilled labor demand in labor-intensive agriculture increases as production rises. The effectiveness of U.S. tighter immigration policies depends on the substitutability between U.S. domestic and undocumented workers. Immigration policies exacerbate the wedge between Mexican low-skilled wage rate and the undocumented wage rate, intensifying the underlying cause for unauthorized entry.
{"title":"Implications of U.S. Immigration Policies for North American Economies","authors":"S. Devadoss, Xin Zhao, Jeff Luckstead","doi":"10.22004/AG.ECON.298440","DOIUrl":"https://doi.org/10.22004/AG.ECON.298440","url":null,"abstract":"We develop a four-sector (labor-intensive agriculture, capital-intensive agriculture, service & construction, and manufacturing) general-equilibrium model of North American countries to analyze the effects of tighter U.S. immigration policies. Results show that these policies erode the comparative advantage of U.S. labor-intensive agriculture, causing U.S. production and exports to fall and other countries to expand their exports to the United States. In Mexico, low-skilled labor demand in labor-intensive agriculture increases as production rises. The effectiveness of U.S. tighter immigration policies depends on the substitutability between U.S. domestic and undocumented workers. Immigration policies exacerbate the wedge between Mexican low-skilled wage rate and the undocumented wage rate, intensifying the underlying cause for unauthorized entry.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68537190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study extends the classical hedonic price model by taking advantage of the heterogeneity of consumer preferences and testing the existence of different price functions. A finite mixture model identifies consumer segments in the Italian wine market and estimates the hedonic functions within each group. The analysis is extended beyond the mean to the tails of the distribution for each group via quantile regressions. The analysis in classes proves to be more efficient both on average and at the quantiles and presents a more accurate wine market segmentation, unveiling sources of heterogeneity and asymmetry.
{"title":"Hedonic Functions, Heterogeneous Consumers, and Wine Market Segmentation","authors":"F. Caracciolo, Marilena Furno","doi":"10.22004/AG.ECON.302456","DOIUrl":"https://doi.org/10.22004/AG.ECON.302456","url":null,"abstract":"This study extends the classical hedonic price model by taking advantage of the heterogeneity of consumer preferences and testing the existence of different price functions. A finite mixture model identifies consumer segments in the Italian wine market and estimates the hedonic functions within each group. The analysis is extended beyond the mean to the tails of the distribution for each group via quantile regressions. The analysis in classes proves to be more efficient both on average and at the quantiles and presents a more accurate wine market segmentation, unveiling sources of heterogeneity and asymmetry.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68537651","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Food Safety Modernization Act (FSMA) provides new U.S. food safety standards to lower the incidence of foodborne diseases. The FSMA is analyzed in terms of adoption effects on differently sized domestic and foreign farms producing fresh tomatoes for the U.S. market. Findings indicate that adoption of the FSMA will negatively affect the revenues of Very Small farms the most and Small U.S. farms as well. However, it will positively affect the revenues of foreign farms (especially Canadian) and Large U.S. farms. This may lead to the restructuring of tomato production and distribution in the U.S. tomato market.
{"title":"The Food Safety Modernization Act and Differential Revenues to Differently Sized U.S. and Foreign Tomato Producers","authors":"Lisha Zhang, J. Seale, M. Paggi, T. Schmitz","doi":"10.22004/AG.ECON.303603","DOIUrl":"https://doi.org/10.22004/AG.ECON.303603","url":null,"abstract":"The Food Safety Modernization Act (FSMA) provides new U.S. food safety standards to lower the incidence of foodborne diseases. The FSMA is analyzed in terms of adoption effects on differently sized domestic and foreign farms producing fresh tomatoes for the U.S. market. Findings indicate that adoption of the FSMA will negatively affect the revenues of Very Small farms the most and Small U.S. farms as well. However, it will positively affect the revenues of foreign farms (especially Canadian) and Large U.S. farms. This may lead to the restructuring of tomato production and distribution in the U.S. tomato market.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68539172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Existing studies on calf management practice adoption tend to treat practices individually and, by implication, ignore the possibility that some practices are more likely than others to be jointly adopted. This study applies market basket analysis to examine bundling of calf management practices based on the likelihood of joint adoption using producer survey data. Results indicate that the base practices of horn management, deworming, and castration are the three most widely adopted practices and are more likely to be jointly adopted in varying combinations with other practices. We discuss implications for extension programming and future studies concerned with understanding practice adoption decisions.
{"title":"A Market Basket Analysis of Beef Calf Management Practice Adoption","authors":"Brian P. Mulenga, K. Raper, D. Peel","doi":"10.22004/AG.ECON.304774","DOIUrl":"https://doi.org/10.22004/AG.ECON.304774","url":null,"abstract":"Existing studies on calf management practice adoption tend to treat practices individually and, by implication, ignore the possibility that some practices are more likely than others to be jointly adopted. This study applies market basket analysis to examine bundling of calf management practices based on the likelihood of joint adoption using producer survey data. Results indicate that the base practices of horn management, deworming, and castration are the three most widely adopted practices and are more likely to be jointly adopted in varying combinations with other practices. We discuss implications for extension programming and future studies concerned with understanding practice adoption decisions.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68539907","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Crop insurance is plagued by relatively little historical information but significant spatial information. We investigate the efficacy of using nonparametric Bayesian model averaging (BMA) to incorporate extraneous information into the estimated premium rates. Nonparametric BMA is particularly suited to this application because it does not make any assumptions about parametric form or the extent to which yields are similar. We evaluate the proposed estimator under small-tomedium sample sizes and various geographical restrictions on the distance of spatial smoothing for policy relevance. The nonparametric BMA consistently decreases error and enables statistically significant and economically important rents to be captured.
{"title":"Rating Crop Insurance Contracts with Nonparametric Bayesian Model Averaging","authors":"Yong Liu, A. Ker","doi":"10.22004/AG.ECON.302453","DOIUrl":"https://doi.org/10.22004/AG.ECON.302453","url":null,"abstract":"Crop insurance is plagued by relatively little historical information but significant spatial information. We investigate the efficacy of using nonparametric Bayesian model averaging (BMA) to incorporate extraneous information into the estimated premium rates. Nonparametric BMA is particularly suited to this application because it does not make any assumptions about parametric form or the extent to which yields are similar. We evaluate the proposed estimator under small-tomedium sample sizes and various geographical restrictions on the distance of spatial smoothing for policy relevance. The nonparametric BMA consistently decreases error and enables statistically significant and economically important rents to be captured.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68537533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study applies a bivariate Multiple Indicator–Multiple Causation model to examine farm and operator characteristics associated with the likelihood of using pasture management (PM) and prescribed grazing (PGR) practices. Data are from a survey of cattle operations. Most commonly used practices included adjusting livestock and pasture fertilization. Least used were geotextiles in trafficked areas and buffering sensitive areas. Use of PM practices was income sensitive. Land stewardship and government conservation incentive views influenced PGR. Results suggest complementarities between most PGR and PM practices. However, those with higher opportunity costs and off-farm benefits (e.g., stream crossings) are not complementary with other practices.
{"title":"Bivariate MIMIC Analysis of Pasture Management and Prescribed Grazing Practices Used by Beef Cattle Producers","authors":"K. Holley, K. Jensen, D. Lambert, C. Clark","doi":"10.22004/AG.ECON.298434","DOIUrl":"https://doi.org/10.22004/AG.ECON.298434","url":null,"abstract":"This study applies a bivariate Multiple Indicator–Multiple Causation model to examine farm and operator characteristics associated with the likelihood of using pasture management (PM) and prescribed grazing (PGR) practices. Data are from a survey of cattle operations. Most commonly used practices included adjusting livestock and pasture fertilization. Least used were geotextiles in trafficked areas and buffering sensitive areas. Use of PM practices was income sensitive. Land stewardship and government conservation incentive views influenced PGR. Results suggest complementarities between most PGR and PM practices. However, those with higher opportunity costs and off-farm benefits (e.g., stream crossings) are not complementary with other practices.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68536536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Economic Value of Camping using Administrative Data","authors":"M. Becker, P. Lloyd‐Smith","doi":"10.22004/AG.ECON.302498","DOIUrl":"https://doi.org/10.22004/AG.ECON.302498","url":null,"abstract":"","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68538013","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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