Social and Behavioral Sciences Commons^™

Capitalization Of Green Space And Water Quality Into Residential Housing Values, Willie B. Bedell

Theses and Dissertations--Agricultural Economics

This thesis investigates how proximity to parks, historic district designations, and water quality are valued at residential housing prices. The first essay argues that the negative influences of parks and historic districts, if not noticed, could promote negative externalities and unincentivized investments. I find a negative impact on housing values for a close proximity to a park, suggesting disamenities in park features. When the boundary discontinuity and park amenities are considered, I find a positive valuation for a park. Overall, these results imply a mixed influence of parks on homeowners. From the historic district standpoint, I find a positive valuation …

Essays On U.S. Beef Markets, Elham Darbandi

Theses and Dissertations--Agricultural Economics

This dissertation includes three essays on U.S. beef market. Each essay has looked at this market from a different point of view. The first essay investigates the price adjustment along the different levels of this market. The second essay discusses the impact of food safety incidents on export levels in this market. The third essay considers the environmental loading of U.S. beef market. A summary of each article is as follows.

The first essay (chapter 2) analyzes price adjustment of the U.S. beef sector with a focus on the Great Recession. To this purpose, the Vector Error Correction Model (VECM) …

Willingness-To-Pay For Attributes Of Health Care Facilities In Rural Kentucky, Emmanuel Owusu-Amankwah

Theses and Dissertations--Agricultural Economics

Background: As rural hospitals in Kentucky face insolvency, stakeholders must assess the value of rural hospitals as well as alternatives such as rural clinics and private physician offices.

Objective: To identify the value of attributes of healthcare facilities based on Kentucky’s rural residents’ willingness-to-pay (WTP).

Methods: A survey instrument was created and distributed to ten counties in rural Kentucky. A conditional logit model was used to obtain baseline values and then a mixed logit model was used to address heterogeneity among consumers in estimating WTP. WTP values incorporated respondents’ demographic characteristics and their health status from self-reported frequency of use …

Essays On Environmental Economics And Policy, Mehdi Nemati

Theses and Dissertations--Agricultural Economics

Environmental goals such as urban water conservation and pollution control regulations are typically achieved through price and non-price methods. This dissertation offers an analysis of the non-price approaches, including the rationing of water for particular users, installation of particular technologies, and adoption of particular certifications to achieve environmental goals. To begin, an analysis of California’s 2015 urban water conservation mandate was performed. Results indicate that the average welfare loss of the mandate is $6,107 per acre-foot of restriction in Northern California and $2,757 per acre-foot of restriction in Southern California. In terms of monthly household-level willingness-to-pay (WTP) to avoid the …

The Impact Of Biofuel Policies On Overshooting Of Agricultural Prices, Mahdi Asgari

Theses and Dissertations--Agricultural Economics

The Federal Reserve has increased nominal interest rates since early 2016. It is expected that commodity prices will drop in response to this monetary intervention. The overshooting hypothesis explains that commodity prices are more flexible than manufacturing prices and therefore are more volatile. In this situation, it is expected that agricultural commodities decline significantly (i.e., overshoot) and gradually return to their long-run equilibrium. This adjustment behavior has implications for income stability and financial viability of farmers.

This research contributes to the overshooting literature by including the energy sector in the overshooting model. The interlinks between energy and other sectors in …

Three Essays On The Application Of Machine Learning Methods In Economics, Abdelaziz Lawani

Theses and Dissertations--Agricultural Economics

Over the last decades, economics as a field has experienced a profound transformation from theoretical work toward an emphasis on empirical research (Hamermesh, 2013). One common constraint of empirical studies is the access to data, the quality of the data and the time span it covers. In general, applied studies rely on surveys, administrative or private sector data. These data are limited and rarely have universal or near universal population coverage. The growth of the internet has made available a vast amount of digital information. These big digital data are generated through social networks, sensors, and online platforms. These data …