Agricultural and Resource Economics Commons^™

Valuation Of Recreational Beach Quality And Water Quality Management Strategies In Oahu, Jerrod M. Penn

Theses and Dissertations--Agricultural Economics

Hawaii’s pristine ocean and tropical environment is a keystone of Hawaii tourism and the state economy. Water pollution from stormwater and development threatens the beach quality to both residents and tourists. In order to understand the lost nonmarket value, we assess changes in quality of beach characteristics including water and sand quality, swimming safety conditions, and congestion using a Discrete Choice Experiment of recreational beach users. Further, we study willingness to pay (WTP) for water management strategies in Hawaii using another discrete choice experiment, including structural and nonstructural Best Management Practices, testing, monitoring, and educational efforts.

Using a mixed logit …

Community And Individual Well-Being In Nonmetropolitan Nebraska: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

By many different measures, rural Nebraskans are positive about their community. Many rural Nebraskans rate their community as friendly, trusting and supportive. Most rural Nebraskans also say it would be difficult to leave their community. In addition, most rural Nebraskans disagree that their community is powerless to control its future.

Differences of opinion exist by the size of their community. Residents of smaller communities are more likely than residents of larger communities to rate their community favorably on its social dimensions. However, residents of larger communities are more likely than residents of smaller communities to say their community has changed …

Water And Climate: Perceptions Of Nonmetropolitan Nebraskans: 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Many rural Nebraskans have experienced loss of wildlife and wildlife habitat, voluntary decrease in water usage, decreased farm production and wildfires to some extent as a result of last year’s drought. The majority of persons with occupations in agriculture have experienced decreased farm production and loss of business income as a result of last year’s drought.

Most rural Nebraskans rate indoor use in existing homes and agricultural uses (irrigation and livestock) as high priority uses of water. Uses of water that were not ranked very high include swimming pools for individual homes, watering golf courses and transferring water to other …

Measurement Of The Effect Of Policy Changes On Volatility In Dairy Markets1, Eoin Kelly, Declan O'Connor, Michael Keane

Irish Business Journal

Volatility in dairy commodity markets has become a major concern for many in the dairy supply chain and is likely to remain so in the future. Changes to the Common Agricultural Policy (CAP) over the past decade have more closely aligned EU and World prices and their associated volatilities. The aim of this paper is to measure volatility at farm level in Ireland over time, identify possible reasons for the increased volatility and identify ways of reducing volatility. Statistical measures such as coefficient of variation (CV) and annualised standard deviation are used to provide measures of past volatility and its …

Introduction To Risk Management: Understanding Agricultural Risks, Production, Marketing, Financial, Legal, Human, Laurence Crane, Gene Gantz, Steve Isaacs, Doug Jose, Rod Sharp

Department of Agricultural Economics: Faculty Publications

This handbook is designed to improve the risk management skills of American farmers and ranchers. There is a broad array of established risk management tools ready to be used and new tools are always being developed. By learning about and using these tools, crop and livestock producers can build the confidence needed to deal with risk and exciting opportunities of the future.

Contents

Overview of risk management planning

Steps in risk management planning

Manging production risk

Managing marketing risk

Managing financial risk

Managaing legal rtisk

Managing human risk

Improving Farm Management Decisions By Analyzing Production Expenditure Allocations And Farm Performance Standing, William A. Osborne

Theses and Dissertations--Agricultural Economics

This study examines the potential effects of categorical increases in production expenditures on farm income performance according to farm standing. The objective of this study is to expose differences in anticipated net farm income return from production expenditure investments and the optimal expense allocation strategy for each performance level. Studying farm performance through segregation by utilizing a two-tier analysis and quantile regression acknowledges the possibility that managerial strategy can differ based on managerial ability. Study outcomes are useful to farm managers because they offer more prescription style results and interpretations than found in other farm performance studies. Study findings show …

Climate Change Beliefs, Concerns, And Attitudes Toward Adaptation And Mitigation Among Farmers In The Midwestern United States, J. Gordon Arbuckle, Linda Stalker Prokopy, Tonya Haigh, Jon Hobbs, Tricia Knoot, Cody Knutson, Adam Loy, Amber Saylor Mase, Jean Mcguire, Lois Wright Morton, John Tyndall, Melissa Widhalm

National Drought Mitigation Center: Faculty Publications

A February 2012 survey of almost 5,000 farmers across a region of the U.S. that produces more than half of the nation’s corn and soybean revealed that 66% of farmers believed climate change is occurring (8% mostly anthropogenic, 33% equally human and natural, 25% mostly natural), while 31% were uncertain and 3.5% did not believe that climate change is occurring. Results of initial analyses indicate that farmers’ beliefs about climate change and its causes vary considerably, and the relationships between those beliefs, concern about the potential impacts of climate change, and attitudes toward adaptive and mitigative action differ in systematic …

Accounting For Product Substitution In The Analysis Of Food Taxes Targeting Obesity, Zhen Miao, John C. Beghin, Helen H. Jensen

Department of Agricultural Economics: Faculty Publications

We extend the existing literature on food taxes targeting obesity. We systematically incorporate the implicit substitution between added sugars and solid fats into a comprehensive food demand system and evaluate the effect of taxes on sugars and fats. The approach conditions how food and obesity taxes affect total calorie intake. The proposed methodology accounts for the ability of consumers to substitute leaner low-fat and low-sugar items for rich food items within the same food group. This substitution is integrated into a calibrated demand system in addition to the substitution among food groups, using recent food intake data and existing demand …

Effects Of Family Structure On Educational Attainment And Health Insurance Coverage Of Youth In The Lower Mississippi Delta Region, Chaquenta L. Smith

Theses and Dissertations--Agricultural Economics

A large body of research, typically nationally focused, has examined the relationship between family structure, educational attainment, and healthcare access. Within this field of study, there is limited availability of regionally based studies, specifically the Lower Mississippi Delta (LMD) region. This exploratory study examines the effects of family structure on high school graduation rates and health insurance coverage within the LMD region. The objective is to determine if family structure has a direct impact on the educational attainment and health outcomes of a child within the region using concepts from nationally focused literature. Through the use of an OLS regression, …

Critical Research Needs For Successful Food Systems Adaptation To Climate Change, Michelle Miller, Molly Anderson, Charles A. Francis, Chad Kruger, Carol Barford, Jacob Park, Brent H. Mccown

Department of Agronomy and Horticulture: Faculty Publications

There is a growing sense of the fragility of agricultural production in the Global North and South and of increasing risks to food security, as scientific observations confirm significant changes in the Gulf Stream, polar ice, atmospheric CO₂, methane release, and other measures of climate change. This sense is heightened as each of us experiences extreme weather, such as the increasing frequency of droughts, floods, unseasonal temperatures, and erratic seasonality. The central research challenge before us is how global, national, regional, and local food systems may adapt to accelerating climate change stresses and uncertainties to ensure the availability, …

Energy In The Corn Belt: Is Maize Production Sustainable?, Matthew Bernau

Electronic Theses and Dissertations

Technological and scientific innovation has transformed agricultural production. Corn production methods changed from a sustainable, nutrient recycling production system to one reliant on imported fossil energy inputs. Located in the Western Corn Belt, Union County, South Dakota was chosen as the study area. Changes in production methods are represented by four technological epochs: 1) The Draft Horse Epoch, 1890-1920; 2) The Tractor Epoch, 1920-1950; 3) The Fertilizer Epoch, 1950-1980; and 4) The Biotechnology and Precision Agriculture Epoch, 1980-2010. The energy budget method was used to measure the energy sustainability of corn production. The findings show that the volume of corn …

Economic Optimization And Precision Agriculture: A Carbon Footprint Story, Rachael M. Brown

Theses and Dissertations--Agricultural Economics

This thesis examines the economic and environmental impacts that precision agriculture technologies (PATs) can have on the carbon footprint of a grain farm. An analysis is offered using two manuscripts. The first examines the impacts of three PATs and compares the findings to a conventional farming method. It was found that all three PATs investigated showed a potential Pareto improvement over conventional farming. The second manuscript expanded the model used previously to in order to develop a process to construct a carbon efficient frontier (CEF). The model employed examined uniform and variable rate technologies. In addition to the CEF, a …

Direct Climate Markets: The Prospects For Trading Teleconnection Risk, Grant Cavanaugh

Theses and Dissertations--Agricultural Economics

This dissertation provides the analysis necessary to launch the first direct climate markets. Combining statistical modeling with qualitative interviews, I build off of an innovative insurance project to show why and how to start traded markets on indexes of El Niño/La Niña. I provide statistical models of El Niño/La Niña's worldwide economic impacts; a stochastic catalog used to price virtually any risk management contract on El Niño/La Niña, even as new forecasts change traders' expectations; a comprehensive statistical description of the lifecycle of new derivatives showing how the prospects for new derivatives changed fundamentally in the last decade (this work …

Nanotechnology In The Food System: Consumer Acceptance And Willingness To Pay, Guzhen Zhou

Theses and Dissertations--Agricultural Economics

Nanotechnology is one of the key innovative technologies in the present century. The food industry has applied this technology in each of its sectors. Nanotechnology has tremendous potential in food and agriculture, including advancing agricultural cultivation and food production, enhancing food nutrition and flavor, and improving food packaging and preservation. However, the novel properties of nanoscale materials that allow beneficial applications are also accompanied with uncertainties, even unknown risks. A number of studies have examined public understanding as well as acceptance of nanotechnology via surveys in both the US and Europe. However, most of these studies concentrated on public attitudes …

Implications Of Off-Farm Income For Farm Income Stabilization Policies, Simon Jette-Nantel

Theses and Dissertations--Agricultural Economics

This dissertation examines to what extent off-farm diversification may be an appropriate and accessible tool to mitigate the adverse effects from market failures and incompleteness in the crop and farm income insurance market. While the influence of the nonfarm sector has long been recognized as a primary force in shaping farm structure, off-farm income is rarely acknowledge as a risk management tool for operators and households of commercial farms. The dissertation develops a dynamic model that includes capital market imperfections, economies of scale in farm production, and the presence of adjustment costs in labor allocation decisions. The model provides a …

Health Care Reform: Perceptions Of Nonmetropolitan Nebraskans, 2013 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Most rural Nebraskans currently have health insurance. Only nine percent of rural Nebraskans do not have health insurance while the majority of residents have health insurance through job benefits. These responses are nearly identical to 2004 when this question was last asked.

Persons living in the North Central region, persons with lower household incomes, persons who have never married, persons with lower education levels and persons with food service or personal care occupations are the groups most likely to be uninsured.

Most rural Nebraskans expect to have health insurance next year. Only two percent of residents do not plan on …

Correlates Of Hunger: Evidence From The Community Based Monitoring System (Cbms) Data Of Pasay City, Frumencio F. Co, Rechel G. Arcilla, Shirlee R. Ocampo

Angelo King Institute for Economic and Business Studies (AKI)

Hunger is one of the major problems in several countries, and the objective to reduce it has become a global concern. A major initiative of the United Nations Millenium Development Goals (MDG) is the eradication of extreme poverty and hunger. However, the attempt to reduce the abovementioned issues, calls for proper identification as to who the impoverished and hungry are. There are several ways to identify the poor, but pinpointing who the hungry are, is another task.

Financial Inclusion And Natural Disasters, Benjamin L. Collier

Theses and Dissertations--Agricultural Economics

This dissertation explores the implications of natural disaster risk for access to financial services, especially credit. Its results show that disasters can dramatically undermine the ability of financial intermediaries (FIs) to lend after an event, increasing the cost of the disaster and delaying recovery. Moreover, the risk of natural disasters discourages investment in vulnerable regions and economic sectors and so slows economic development. Financial risk transfer mechanisms such as insurance can help maintain lending following an event. While many international development projects have targeted disaster insurance markets to households, managing disaster-related credit risk may be done more effectively through insurance …

Agroforestry And Smallholder Farmers: Climate Change Adaptation Through Sustainable Land Use, Colin Mccabe

Capstone Collection

Agriculture in the developing world will be extremely hard hit by climate change, and smallholder farmers in Least Developed Countries (LDCs) are among the most vulnerable to its impacts. There is a range of agricultural adaptations to climate change, and each context demands a unique appraisal of impacts and adaptations based on specific geography, local climate variability and expected change, and social conditions. The term “climate-smart agriculture” (CSA) has come to embody a set of practices in crop and livestock cultivation that 1) reduce greenhouse gas emissions (climate change mitigation), 2) build resilience to the impacts of climate change for …

Entrepreneurship On The Farm: Kentucky Growers’ Perceptions Of Benefits And Barriers, Amy L. Camenisch

Theses and Dissertations--Nutrition and Food Systems

This study analyzed the perceptions of Kentucky Homebased Processors and Microprocessors of the benefits of and barriers to developing and selling value-added products. The final sample consisted of 141 participants, 60.5% (n=72) of which were from Central KY, 26.9% (n=32) were from Western KY, and 12.6% (n=15) were from Eastern KY. Overall, participants seemed to feel that their value-added products were successful in many different benefit categories. The primary barriers to developing value-added products were lack of time, lack of funding, and lack of legal knowledge. The primary barriers to utilizing program resources for farmers were not having enough time, …