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Balancing Food Security And Environmental Sustainability By Optimizing Seasonal-Spatial Crop Production In Bangladesh, Man Li, Zhe Guo, Wei Zhang Jul 2021

Balancing Food Security And Environmental Sustainability By Optimizing Seasonal-Spatial Crop Production In Bangladesh, Man Li, Zhe Guo, Wei Zhang

Applied Economics Faculty Publications

The intensification of crop production has been identified as one of the major drivers of environmental degradation. While significant advances could still be made with more widespread adoption of sustainable intensification technologies that address the agronomic efficiency of nitrogen fertilizers, the dynamic use of agricultural land across seasons and associated crop-specific responses to fertilizer applications have so far been largely overlooked. This paper explores the potential for improving the economic-environmental performance of crop production through spatially integrated modeling and optimization, as applied to Bangladesh. Results show that per-billion-Taka nitrogen loss from soil would decline by 83% from the baseline level …


Benefits Of An Animal Traceability System For A Foot-And-Mouth Disease Outbreak: A Supply-Driven Social Accounting Matrix Approach, Man-Keun Kim, C. Michael Ukkestad, Hernan A. Tejeda, Deevon Bailey Jan 2017

Benefits Of An Animal Traceability System For A Foot-And-Mouth Disease Outbreak: A Supply-Driven Social Accounting Matrix Approach, Man-Keun Kim, C. Michael Ukkestad, Hernan A. Tejeda, Deevon Bailey

Applied Economics Faculty Publications

This study reports the findings for an analysis using the computer program NAADSM (North American Animal Disease Spread Model) and a supply-driven social accounting matrix to examine the impact of a hypothetical foot-and-mouth disease (FMD) outbreak in a relatively isolated part of the United States, Utah, under various levels of livestock traceability. The analysis demonstrates that a significant regional economic impact in Utah would result from an FMD outbreak but that improved levels of traceability would be very important in helping to reduce the negative economic consequences of the outbreak.


Determining The Effectiveness Of Optimal Time-Varying Hedge Ratios For Cattle Feeders Under Multiproduct And Single Commodity Settings, Hernan A. Tejeda, Dillon M. Feuz Jul 2014

Determining The Effectiveness Of Optimal Time-Varying Hedge Ratios For Cattle Feeders Under Multiproduct And Single Commodity Settings, Hernan A. Tejeda, Dillon M. Feuz

Applied Economics Faculty Publications

The purpose of this paper is to determine and contrast the risk mitigating effectiveness from optimal multiproduct time-varying hedge ratios, applied to the margin of a cattle feedlot operation, over single commodity time-varying and naive hedge ratios. Design/methodology/approach – A parsimonious regime-switching dynamic correlations (RSDC) model is estimated in two-stages, where the dynamic correlations among prices of numerous commodities vary proportionally between two different regimes/levels. This property simplifies estimation methods for a large number of parameters involved. Findings – There is significant evidence that resulting simultaneous correlations among the prices (spot and futures) for each commodity attain different levels along …


Water Quality Trading In The Presence Of Abatement-Cost Sharing, Arthur J. Caplan Apr 2013

Water Quality Trading In The Presence Of Abatement-Cost Sharing, Arthur J. Caplan

Applied Economics Faculty Publications

This paper examines how water quality trading interacts with nonpoint-source abatement-cost sharing (e.g., as currently practiced by the National Resource Conservation Service through its Environmental Quality Incentives Program [EQIP]) to promote the participation of nonpoint sources in a water quality market, participation that has thus far been noticeably lacking nationwide. As such, an idealized version of water quality trading is envisioned, where water quality trading and nonpoint cost sharing are treated as complementary policy instruments rather than substitutes. Toward this end, the subgame-perfect equilibrium concept is used to model a “multilateral contracting” relationship between the regulatory authority and nonpoint sources …