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Full-Text Articles in Economics

Three Essays On Defending Common-Pool Resources, Lawrence Geest Nov 2017

Three Essays On Defending Common-Pool Resources, Lawrence Geest

Doctoral Dissertations

% !TEX root = ../degeest2017dissertation.tex Environmental protection often relies on cooperation between individuals in uncoordinated groups. In cases such as the management of common-pool resources, individuals must not only monitor and enforce behavior within their group to prevent over-exploitation. They must also contend with external threats on the resource like poaching. This dissertation studies how individuals cooperate to manage shared resources and deter shared threats. The first chapter, "Deterring poaching of a common-pool resource", considers the problem of deterring a threat that cannot be perfectly observed. I present results from common pool resource experiments designed to examine the ability of …


Assessing Consumer Preferences For Seafood Labels, William C. Brayden Iii Aug 2017

Assessing Consumer Preferences For Seafood Labels, William C. Brayden Iii

Electronic Theses and Dissertations

Coastal communities are host to a suite of economic, cultural, and natural resources, and are often focused around a core such as tourism, beaches, fisheries, or processing. In nearly all cases, coastal communities survive based upon the resources in the surrounding coastal areas and water. As wild fisheries begin to stagnate, many traditional fishing communities are forced to look elsewhere for economic sustenance. While tourism or real estate may provide relief, residents often require a more stable, year-round income. Some coastal communities have begun to transition away from wild fisheries and towards marine aquaculture, or, the cultivation of marine animals …


Spatial And Temporal Intricacies Of Natural Resource Use: Studies In Water, Forests, And Hydrocarbons, Dadhi Adhikari Jul 2017

Spatial And Temporal Intricacies Of Natural Resource Use: Studies In Water, Forests, And Hydrocarbons, Dadhi Adhikari

Economics ETDs

This dissertation examines spatial and temporal impacts of natural resource use. The second chapter integrates hydrological and economic systems to examine the impact of drought on these two systems and explores the spatial impact of policies aimed to mitigate the drought impact. The systems dynamics model developed for this chapter simultaneously considers the physical hydrology in the Middle Rio Grande water basin in New Mexico, the engineered water management system, and a behavioral model of residential water demand for three cities: Albuquerque, Rio Rancho, and Santa Fe, New Mexico. The simulation results showed that droughts that occur in later periods, …


A Good Kiwi Isn't Acidic: How Ocean Acidification Is Affecting The New Zealand Economy, Lily G. Hurley May 2017

A Good Kiwi Isn't Acidic: How Ocean Acidification Is Affecting The New Zealand Economy, Lily G. Hurley

Student Theses 2015-Present

In a country that houses a mere 4 million people, it is no wonder that agriculture has become the main facet of New Zealand’s economy. However, while the sheep and produce have flourished from land protection laws, marine life has struggled in recent years due to an increase in oceanic carbon levels. In an area of the Pacific that is so rich in coral reefs, Great White breeding areas, and a plethora of fish species, any upset of the natural preexisting chemical balance has a tangible impact. New Zealand is dealing with a crisis with huge economic and ecological ramifications. …


Financial Sector Development And Agricultural Productivity, John J. Onoja May 2017

Financial Sector Development And Agricultural Productivity, John J. Onoja

Master's Theses

Global concern is rising about the performance of the agricultural sector in view of its integral role in poverty alleviation, economic development and meeting an ever-increasing nutritional demand. At the epicenter of the concern is declining productivity due to poor financial inclusion of the sector leading to low investment and returns to agriculture. A cursory examination of the existing literature on the subject reveals quite varied dimensions to the analysis of agriculture productivity-financial development nexus. Focusing on the role of financial sector development as a catalyst to agricultural productivity, we employ panel data and advances fixed-effects econometrics approach to empirically …


Analysis Of A Market For Tradable Credits, Policy Uncertainty Effects On Investment Decisions, And The Potential To Supply A Renewable Aviation Fuel Industry With An Experimental Industrial Oilseed, Evan Lawrence Markel May 2017

Analysis Of A Market For Tradable Credits, Policy Uncertainty Effects On Investment Decisions, And The Potential To Supply A Renewable Aviation Fuel Industry With An Experimental Industrial Oilseed, Evan Lawrence Markel

Doctoral Dissertations

This research is aligned with identifying barriers throughout the alternative jet-fuel supply chain. Prices are analyzed in the market for tradable credits known as renewable identification numbers (RINs). The RIN market is a key policy instrument used in the implementation of the renewable fuel standard (RFS). The program is highly complex and drivers of RIN price are not always clear. RIN prices also exhibit multiple regimes where the price of nested RINs converge. Therefore, a smooth transition autoregressive model is employed to examine drivers of RIN price and to identify drivers of price regime change. Through research in the RIN …


Planting The Seeds Of Security: The Influence Of Agricultural Products On Food Security Levels In U.S. Counties, Vanessa R. Scalora Apr 2017

Planting The Seeds Of Security: The Influence Of Agricultural Products On Food Security Levels In U.S. Counties, Vanessa R. Scalora

Business and Economics Honors Papers

The United States produces, imports, and widely distributes incredible amounts of food every day. Despite the country’s abundance and availability of food, a prevalence of people with low food security levels exists. In 2015, 42.2 million U.S. citizens, including children, lived in food insecure households. The source of food insecurity is complexly rooted in the mechanics of America’s economic and food systems. Understanding that the fundamental causes of food insecurity are systemic, this study focuses on the impact of one of these potential elements: agriculture. Using economic analysis, this research explores the relationship between various agriculture products and food insecurity …


Overpopulation And The Impact On The Environment, Doris Baus Feb 2017

Overpopulation And The Impact On The Environment, Doris Baus

Dissertations, Theses, and Capstone Projects

In this research paper, the main focus is on the issue of overpopulation and its impact on the environment. The growing size of the global population is not an issue that appeared within the past couple of decades, but its origins come from the prehistoric time and extend to the very present day. Throughout the history, acknowledged scientists introduced the concept of “overpopulation” and predicted the future consequences if the world follows the same behavioral pattern. According to predictions, scientists invented the birth control pill and set population control through eugenics. Despite that, population continued to increase and fight with …


Environmental Values, Stated Preferences, And Hypothetical Bias, Jerrod M. Penn Jan 2017

Environmental Values, Stated Preferences, And Hypothetical Bias, Jerrod M. Penn

Theses and Dissertations--Agricultural Economics

Contingent Valuation (CV) methods are a primary tool in environmental economics to ascertain non-use or other values not observable through existing market mechanisms. Because common CV approaches typically rely on hypothetical answers from surveys in order to generate welfare estimates, these are often labelled stated preferences. Results from stated preference methods often diverge from those obtained when actual preference or behavior are involved. This divergence is commonly known as Hypothetical Bias (HB). This dissertation addresses HB as it applies to environmental applications. To begin, a meta-analysis using a sample of studies many times larger than previous works was performed. Its …


The Role Of Snap And Habit Formation On Household Consumption Behavior, Shaheer Burney Jan 2017

The Role Of Snap And Habit Formation On Household Consumption Behavior, Shaheer Burney

Theses and Dissertations--Agricultural Economics

This collection of essays examines the impact of two antecedents of household food consumption: SNAP and habit formation to nutrients. Household food choice invariably plays a substantial role in health outcomes such as obesity. Low-income households may be especially vulnerable to obesity as they face a more restricted set of food choices due to income constraints and may have less information on healthy eating relative to high-income households. This dissertation unravels this dynamic by providing causal estimates of the effect of two major determinants of food choice.

Chapter 2 and chapter 3 test the impact of SNAP participation on consumption …


Politics Below The Surface: A Political Ecology Of Mineral Rights And Land Tenure Struggles In Appalachia And The Andes, Lindsay Shade Jan 2017

Politics Below The Surface: A Political Ecology Of Mineral Rights And Land Tenure Struggles In Appalachia And The Andes, Lindsay Shade

Theses and Dissertations--Geography

This dissertation examines how confusion and lack of access to information about subsurface property rights facilitates the rapid acquisition of mineral rights by mining interests, leaving those who live 'above the surface' to contend with complicated corporate and bureaucratic apparatuses. The research focuses on the first proposed state-run large scale mining project in Ecuador, believed to contain copper ores, and on the natural gas hydrofracking industry in three counties in north central West Virginia. Qualitative and visual methods, including mapping, are employed to determine (i.) how the geography of subsurface ownership patterns is changing, (ii.) links between changes in subsurface …


Climate Change Crisis: Prescribing Alternative Economic Policy Using An Austrian Framework, Elina N. Mcgill Jan 2017

Climate Change Crisis: Prescribing Alternative Economic Policy Using An Austrian Framework, Elina N. Mcgill

Honors Program Theses

This paper reviews the literature surrounding climate change adaptation and mitigation to assess the possible contributions and limitations of heterodox economics to climate change policy. Through interdisciplinary research between economics and environmental issues, this paper aims to stress the importance of utilizing heterodox schools of economics to create more pragmatic and dynamic policy. The secondary aim is to use Austrian frameworks to contribute to the construction of feasible, efficient, and equitable climate change policy. This paper used qualitative and textual analysis of the Austrian schools of economics conceptualize possible policy responses to climate change. Research found that the Austrian prescription …


Natural Resource, Regional Growth, And Human Capital Accumulation, Na Zuo Jan 2017

Natural Resource, Regional Growth, And Human Capital Accumulation, Na Zuo

Theses and Dissertations--Agricultural Economics

The dissertation research will comprise three essays on the topic of the resource curse hypothesis and its mechanisms. The phenomenon of low economic growth in resource-rich regions is recognized as the “resource curse”. These essays will contribute to an understanding of the regional resource-growth relation within a nation.

Essay one tests the resource curse hypothesis at the U.S. state level. With a system of equations model, I decompose the overall resource effect to account for the two leading explanations — crowding-out and institution effects, thus investigate whether the institutions mediate the crowding-out effects. I did not find evidence of an …


Three Essays On Food Safety Regulations And International Trade Of Agricultural Products, Jun Ho Seok Jan 2017

Three Essays On Food Safety Regulations And International Trade Of Agricultural Products, Jun Ho Seok

Theses and Dissertations--Agricultural Economics

This dissertation investigates food safety regulations and international trade of agricultural products dividing into three aspects: the signalling effect from U.S. strict food safety regulations on U.S. vegetable exports, political determinants of sanitary and photosanitary non-tariff barriers, and the impact of trade barriers on employment in developing countries. In chapter 2, we investigate the impact of high U.S. maximum residue limit (MRL) standards on U.S vegetable exports to 102 countries utilizing the hierarchical model. MRL, which is one of non-tariff barriers with respect to food safety, is applied to home and foreign countries at the same time. Thus, firms in …


Financial Institutions And The Global Farming Industry: The Impacts Of Large-Scale Agricultural Investments Observed In Ethiopia, George William Goceljak Iii Jan 2017

Financial Institutions And The Global Farming Industry: The Impacts Of Large-Scale Agricultural Investments Observed In Ethiopia, George William Goceljak Iii

Senior Projects Spring 2017

Due to the significant deregulation of commodity futures markets in 2000, the presence of index-speculators became increasingly prevalent. The strategies applied by these market participants drastically manipulated global commodity prices. The severe rise in food prices would come to initiate a global concern towards food security. Consequently, developed countries began implementing policies that would secure agricultural production and food supplies. This policy movement facilitated a trend in agricultural investments. Through political influence, investing governments were able augment favorable environments abroad for investors. In such environments, farmland was easily obtainable and regulations of agricultural investments were minimal. The combination of government …


Performance Of The Producer Accumulator In Corn And Soybean Commodity Markets, Chad Te Slaa Jan 2017

Performance Of The Producer Accumulator In Corn And Soybean Commodity Markets, Chad Te Slaa

Electronic Theses and Dissertations

This research quantifies risk reduction and performance of the producer accumulator contract in corn and soybean markets. To quantify performance, we use three alternative theoretical pricing models to estimate historical producer accumulator contract specifications in corn and soybean markets. We then compare the performance of the producer accumulator to eight alternative agricultural marketing strategy portfolios that are also used in new generation grain contracts. The performance measures we compare are: average bushel price that would be received by the producer, daily portfolio risk, and the Sharpe ratio. The period we examine performance was between 2008 and 2017. We investigate performance …


Agricultural Input Intensification, Productivity Growth, And The Transformation Of African Agriculture, Didier Y. Alia Jan 2017

Agricultural Input Intensification, Productivity Growth, And The Transformation Of African Agriculture, Didier Y. Alia

Theses and Dissertations--Agricultural Economics

This dissertation studies agricultural input intensification, defined as the increased use of modern inputs such as hybrid seeds, mineral fertilizer, herbicide, and pesticide in African agriculture. It also analyses the potential of this intensification to accelerate productivity growth and tests the effectiveness of two policies, input subsidies and land reforms, in promoting it and consequently in increasing crop yield. In the first essay, we argue that to create the conditions for the emergence of a green revolution in Africa, modern agricultural technologies have to be adopted as a package, not in a piecemeal fashion. This argument is consistent with a …


Heterogeneous Nitrogen Losses: Cost-Effectiveness Analysis Of Changes In Management Across South Dakota, Archibold Quaye Jan 2017

Heterogeneous Nitrogen Losses: Cost-Effectiveness Analysis Of Changes In Management Across South Dakota, Archibold Quaye

Electronic Theses and Dissertations

The loss of nitrogen fertilizer into the atmosphere and waterways is of increasing concern for citizens and policy makers. This is particularly relevant for hypoxia in rivers, lakes, and oceans, but also relevant for policy makers in reducing the increasing concentration of greenhouse gases (GHG) in the atmosphere. GHGs trap heat in the atmosphere and include: carbon dioxide, methane, nitrous oxide and fluorinated gases. Overall, the estimated contribution from the agricultural sector to GHG emissions was 9% in 2013 (EPA, 2013). Further, the addition of nitrogen to the soil through the use of synthetic fertilizers is a main contributor to …