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Measuring Economic Impacts Of Drought: A Review And Discussion, Ya Ding, Michael J. Hayes, Melissa Widhalm 2010 University of Nebraska, Lincoln

Measuring Economic Impacts Of Drought: A Review And Discussion, Ya Ding, Michael J. Hayes, Melissa Widhalm

School of Natural Resources: Faculty Publications

A comprehensive assessment of drought economic impacts provides critical information to rational decisions supporting drought mitigation policies and programs. The objective of this paper is to increase the understanding of the full scope of drought economic impacts and the associated quantitative assessment methodologies. To accomplish this, the paper reviews the literature of drought economic impact studies in both agricultural and non-agricultural sectors, summarizes the methods and data employed, compares the various results, and investigates the problems and limitations of previous studies. The paper concludes with a discussion of the challenges and directions of future improvement on drought economic impact assessment.


Sustainability Through Profitability: The Triple Bottom Line, Connie I. Reimers-Hild 2010 University of Nebraska-Lincoln

Sustainability Through Profitability: The Triple Bottom Line, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

Today’s highly competitive, globalized world requires organizations and businesses to think differently about how they are going to stay in business. Businesses can no longer afford to focus on profits as their sole purpose for existence. Organizations must instead think about the “Triple Bottom Line” and its implications for their ability to grow their brand, customer loyalty and profits.


Can Fighting Grade Inflation Help The Bottom Line?, Arthur J. Caplan, John Gilbert 2010 Utah State University

Can Fighting Grade Inflation Help The Bottom Line?, Arthur J. Caplan, John Gilbert

Applied Economics Faculty Publications

This article uses a rich set of student transcript data to estimate the economic cost incurred by a university when it does not adopt a ‘mean-shift grading policy’ to fight grade inflation. We show that even in the face of moral hazard constraints a university can enhance its profitability by fighting grade inflation with a distribution-shifting policy.


Gis-Based Estimation Of Marginal Implicit Prices Of Housing Amenities: The Case Of High Ground And Stagnant Streams, Arthur J. Caplan 2010 Utah State University

Gis-Based Estimation Of Marginal Implicit Prices Of Housing Amenities: The Case Of High Ground And Stagnant Streams, Arthur J. Caplan

Applied Economics Faculty Publications

We use GIS and econometric methods to estimate the marginal implicit values of environmental amenities associated with residential land parcels in the mountain town of Logan, Utah. Amenities include proximity to open spaces (such as parks, golf courses and lakes), commercial zones, major roads, streams, and general visibility of surrounding topography in the valley as determined by the elevation of the land parcel. The amenity value estimates are corrected for spatial autocorrelation. We find spatially dependent relationships between (1) a parcel’s value and its elevation, and (2) a parcel’s value and its adjacency to a stagnant stream. To our knowledge, …


Estimating Hypothetical Bias In Economically Emergent Africa: A Generic Public Good Experiment, Arthur J. Caplan, David Aadland, Anthony Macharia 2010 Utah State University

Estimating Hypothetical Bias In Economically Emergent Africa: A Generic Public Good Experiment, Arthur J. Caplan, David Aadland, Anthony Macharia

Applied Economics Faculty Publications

This paper reports results from a contingent valuation based public good experiment conducted in the African nation of Botswana. In a sample of university students, we find evidence that stated willingness to contribute to a public good in a hypothetical setting is higher than actual contribution levels. However, results from regression analysis suggest that this is true only in the second round of the experiment, when participants making actual contributions have learned to significantly lower their contribution levels. As globalization expands markets, and economies such as Botswana's continue to modernize, there is a growing need to understand how hypothetical bias …


Green Earth Concepts - Barrett Steam Pump, Lien Centre for Social Innovation 2010 Singapore Management University

Green Earth Concepts - Barrett Steam Pump, Lien Centre For Social Innovation

Social Space

Green Earth Concepts hopes to alleviate the perennial problems of farming in countries such as Cambodia by introducing the Barrett Steam Pump System, which will enable farmers to control irrigation and water supply at a low cost through the solar generation of hot water, in a cooperative setting that will encourage farmers to pay for services and products by supplying harvested crops instead of financial payment.


Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2010, Central Bank of Nigeria 2010 Central Bank of Nigeria

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2010, Central Bank Of Nigeria

CBN Annual Report

2010 annual report reviews the operations of the Central Bank of Nigeria (CBN) and appraises the macroeconomic policies in 2010. the report is structured into two parts. Part 1 reviews the corporate operations of the bank, while the part 2 evaluates the performance of the economy against the challenges in both the thrust of monetary policy and other financial measures was to improve liquidity and enhance the efficiency and stability of the financial system without compromising the primary goal of monetary and price stability.


Mathematical Themes In Economics, Machine Learning, And Bioinformatics, Matt Bogard 2010 Western Kentucky University

Mathematical Themes In Economics, Machine Learning, And Bioinformatics, Matt Bogard

Economics Faculty Publications

Graduate students in economics are often introduced to some very useful mathematical tools that many outside the discipline may not associate with training in economics. This essay looks at some of these tools and concepts, including constrained optimization, separating hyperplanes, supporting hyperplanes, and ‘duality.’ Applications of these tools are explored including topics from machine learning and bioinformatics.


Sustainable Agriculture Bibliography, Matt Bogard 2010 Western Kentucky University

Sustainable Agriculture Bibliography, Matt Bogard

Agriculture Department Seminar Series

An annotated bibliography related to the sustainability of biotechnology and pharmaceutical technologies used in modern agriculture.


Does "Free Sampling" Enhance The Value Of Public Goods?, Arthur J. Caplan, Douglas Jackson-Smith, Sandra Marquart-Pyatt 2010 Utah State University

Does "Free Sampling" Enhance The Value Of Public Goods?, Arthur J. Caplan, Douglas Jackson-Smith, Sandra Marquart-Pyatt

Applied Economics Faculty Publications

This study investigates whether a ‘free sampling’ marketing strategy induces an enduring WTP premium effect for public goods. Using data from a unique field experiment involving curbside recycling, we find that the premium effect associated with providing non-participating households a brief opportunity to participate in a curbside recycling program for free is relatively small and not enduring. It may therefore not be cost effective to offer a free-sampling participation incentive for this type (or similar types) of local public good(s).


Powering America: The Impact Of Ethanol Production In The Corn Belt States, Luisa Blanco, Michelle Isenhouer 2010 Pepperdine University

Powering America: The Impact Of Ethanol Production In The Corn Belt States, Luisa Blanco, Michelle Isenhouer

School of Public Policy Working Papers

This paper investigates the impact of ethanol production in the Corn Belt states (Iowa, Indiana, Illinois, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, Ohio, South Dakota, and Wisconsin). Employing data at the county level, from 2005 and 2006, we investigate the effect of ethanol production on employment and wages. Our empirical results show that ethanol production has a positive significant effect on employment and wages, but this effect is of insignificant magnitude. We also find that counties with high and medium levels of ethanol production capacity show higher levels of employment and wages than those counties that do not produce ethanol. …


An Inventory And Condition Survey Of The Western Australian Part Of The Nullarbor Region, Peter-Jon A. Waddell, A K. Gardner, P Hennig 2010 Department of Primary Industries and Regional Development, Western Australia

An Inventory And Condition Survey Of The Western Australian Part Of The Nullarbor Region, Peter-Jon A. Waddell, A K. Gardner, P Hennig

Technical Bulletins

The inventory and condition survey of the Western Australian part of the Nullarbor region, undertaken by the Department of Agriculture and Food, Western Australia (DAFWA) between 2005 and 2007, describes and maps the natural resources of the region. This survey report provides a baseline record of the existence and condition of the area's natural resources, to assist with the planning and implementation of land management practices. The report identified and described the condition of soils, landforms, vegetation, habitat, ecosystems, and declared plants and animals. It also assessed the impact of pastoralism and made land management recommendations. The Nullarbor region has …


Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson 2010 University of Nebraska-Lincoln

Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson

Department of Agricultural Economics: Faculty Publications

Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at the center of price discovery. Using the ECM results Nebraska light steers are found to be weakly exogenous, with the innovation accounting results showing marked differences. Industry structure, production choices, and animal type and breeding herd differences between Texas and Nebraska are proposed as plausible reasons for partial (or incomplete) success at replication.


Input Price Risk And The Adoption Of Conservation Technology, Karina Schoengold 2010 University of Nebraska, Lincoln

Input Price Risk And The Adoption Of Conservation Technology, Karina Schoengold

Cornhusker Economics

Energy price trends have shown increases in both the mean and variance in recent years. In addition, innovation activity continues to develop new technologies that can benefit consumers by providing the same services as traditional technology, but with higher input use efficiency. For example, technologies such as hybrid vehicles or compact fluorescent light bulbs provide consumers with benefits, while simultaneously reducing the demand for limited energy inputs. Examining the impact of increasing price variability on the adoption of conservation technologies is important to innovators and policy-makers. This is especially important when multiple technologies exist, and producers have an option to …


Department Of Economics Publication List 2010, Penny Stover 2010 South Dakota State University

Department Of Economics Publication List 2010, Penny Stover

Economics Pamphlet Series (1985-2016)

This compilation lists published works authored by Department of Economics faculty members and other staff working on projects funded through the Department of Economics. Publications resulting from their research and academic activities are indexed by author at the end of this pamphlet for easy access by the public. The articles were published between January 1, 2009 and December 31, 2009.


The Tomato Queen Of San Joaquin, Ken Albala 2010 University of the Pacific

The Tomato Queen Of San Joaquin, Ken Albala

College of the Pacific Faculty Articles

The life of Tillie Lewis exemplifies key moments in American food history from the rise of the canning industry to wartime rations to the craze for diet food. Her biography was consciously manipulated and fashioned through the years to make it a quintessential rags-to-riches story. Nonetheless, her accomplishments stand out, marking her as a brilliantly successful woman in an industry dominated by men.


Constructing Credibility: Using Technoscience To Legitimate Strategies In Agrifood Governance, Carmen Bain, Elizabeth Ransom, Michelle R. Worosz 2010 Iowa State University

Constructing Credibility: Using Technoscience To Legitimate Strategies In Agrifood Governance, Carmen Bain, Elizabeth Ransom, Michelle R. Worosz

Sociology and Anthropology Faculty Publications

Agrifood scholars working within a political economy framework increasingly draw upon the concept of governance to analyze the regulation of global agricultural and food systems. An important limitation of this approach is that it fails to explain how governance strategies are legitimated. Drawing on three diverse cases that span three continents, our paper examines how standards makers appeal to technoscientific norms and values to establish both credibility for their standards and their authority in constructing them. These cases explore the development and implementation of a standard requiring complete elimination of a tart cherry insect pest in the United States; the …


The Consequences Of Increasing Ocean Acidification On Local And Global Fishing Industries, Alyson N. Stark 2010 Claremont McKenna College

The Consequences Of Increasing Ocean Acidification On Local And Global Fishing Industries, Alyson N. Stark

CMC Senior Theses

As human activities continue to generate accelerating levels of carbon dioxide emissions, the world’s oceanic resources are threatened by variability in seawater chemistry, known as ocean acidification. Recent increases in atmospheric carbon dioxide have resulted in decreased carbonate ion concentrations and ocean pH levels, leading to increasingly acidic waters. The exact consequences of these chemical changes on ecosystems and individual species are difficult to predict; however, research has shown that economically valuable calcifying species will experience reduced reproductive fitness and population declines. Ocean acidification, therefore, poses an immediate risk to both fish stocks and fishery industries. From a local perspective, …


2010 Nebraska Wind Energy Legislation, J. David Aiken 2010 University of Nebraska-Lincoln

2010 Nebraska Wind Energy Legislation, J. David Aiken

Cornhusker Economics

In 2010 the Nebraska Unicameral enacted a major wind energy statute, LB1048, that will lead to significantly increased wind energy development in Nebraska. Nebraska has always had major wind energy development potential, but wind farm development has lagged far behind this potential. LB1048 changes this, and will allow Nebraska to increase wind energy development.


Identifying Profitable Characteristics Of Steer Calves To Be Retained, Matthew Stockton, Brian Williams 2010 University of Nebraska-Lincoln

Identifying Profitable Characteristics Of Steer Calves To Be Retained, Matthew Stockton, Brian Williams

Cornhusker Economics

A recent study done by the Department of Agricultural Economics, University of Nebraska-Lincoln, investigates the predictive power of physical characteristics exhibited by steer calves, at and prior to weaning, on profits associated with weaned calf retention. Historically, retained ownership of beef cattle calves owned from birth through the finishing stage of production by a single owner, has been found to be a profitable endeavor for cow-calf producers. Despite these findings, observed evidence indicates many producers choose not to retain ownership. Three reasons that may explain this include tradition, cash flow needs of the business and risk. Producers who choose to …


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