----------------------------------------------------------------------------
NEP: New Economics Papers
Agricultural Economics
----------------------------------------------------------------------------
Edited by: Angelo Zago
http://ideas.repec.org/e/pza49.html
Universita degli Studi di Verona
Date: 2005-06-14
Papers: 13
This document is in the public domain, feel free to circulate it.
++++++++++++++++++++++++++++++++++++++++++++++++++
+ Note: Access to full contents may be restricted+
++++++++++++++++++++++++++++++++++++++++++++++++++
In this issue we have:
----------------------------------------------------------------------------
1. Natural Resources and Economic Growth: From Dependence to
Diversification
Gylfason, Thorvaldur
2. Green and Brown? Globalization and the Environment
James K. Boyce
3. A Future for Small Farms? Biodiversity and Sustainable
Agriculture
James K. Boyce
4. ANALYSIS OF RESULTS FROM THE IMPLEMENTATION OF REGULATION (
EEC) 2078/92
Alessandro Ragazzoni; Maurizio Canavari
5. RECENT DEVELOPMENTS OF THE EU FARMLAND MARKETS: NATIONAL
VARIABLES AND COMPARATIVE EFFECTS OF THE CAP REFORM IN
SELECTED COUNTRIES
Guido M. Bazzani; Maurizio Canavari; Maurizio Grillenzoni;
Alessandro Ragazzoni
6. Responsiveness of Demand for Irrigation Water: A Focus on the
Southern Murray-Darling Basin
D. Appels; R. Douglas; G. Dwyer
7. Cheap Food Policy: Fact or Rhetoric
James Miller; Keith Coble
8. Private Crop Insurers and the Reinsurance Fund Allocation
Decision
Keith Coble; Robert Dismukes; Joseph Glauber
9. Do Conservation Easements Reduce Land Prices? The Case of
South Central Wisconsin
Kathryn Anderson; Diana Weinhold
10. Private Sector Participation in Indian Agriculture : An
Overview
Deepak Kumar
11. Modelling Water Trade in the Southern Murray-Darling Basin
D. Peterson; G. Dwyer; D. Appels; J. Fry
12. EFFICIENT ALLOCATION OF LAND BETWEEN PRODUCTIVE USE AND
RECRATIONAL USE
Eduardo L. Gimenez Fernandez; Manuel Gonzalez-Gomez
13. Contingent Valuation and Random Utility Model Estimates of
the Recreational Value of King Mackerel
John C. Whitehead
----------------------------------------------------------------------------
1. Natural Resources and Economic Growth: From Dependence to
Diversification
Gylfason, Thorvaldur
This Paper reviews the relationship between natural resource
dependence and economic growth, and stresses how natural capital
intensity tends to crowd out foreign capital, social capital,
human capital, physical capital, and financial capital, thereby
impeding economic growth across countries. Specifically, the
Paper presents empirical cross-country evidence to the effect
that nations that depend heavily on their natural resources tend
to have (a) less trade and foreign investment, (b) more
corruption, (c) less equality, (d) less political liberty, (e)
less education, (f) less domestic investment, and (g) less
financial depth than other nations that are less well endowed
with, or less dependent on, natural resources. This matters for
long-run growth because empirical evidence also suggests that
trade, honesty, equality, liberty, education, investment, and
financial maturity are all positively and significantly related
to economic growth across countries. Before concluding, the Paper
briefly compares and contrasts the experience of the OPEC
countries with that of Norway, a singularly successful oil
producer.
Keywords: economic growth; natural resources
JEL: O11
Date: 2004-12
URL: http://d.repec.org/n?u=RePEc:cpr:ceprdp:4804&r=agr
2. Green and Brown? Globalization and the Environment
James K. Boyce
Globalization ? viewed as a process of economic integration
that embraces governance as well as markets ? could lead to
worldwide convergence toward higher or lower environmental
quality, or to environmental polarization in which the
?greening? of the global North is accompanied by the
?browning? of the global South. The outcome will not be
dictated by an inexorable logic. Rather it will depend on how the
opportunities created by globalization alter balances of power
within countries and among them.
Date: 2004
URL: http://d.repec.org/n?u=RePEc:uma:periwp:wp78&r=agr
3. A Future for Small Farms? Biodiversity and Sustainable
Agriculture
James K. Boyce
Small farms play a crucial role in conserving the agricultural
biodiversity that underpins long-term food security worldwide.
Particularly in centers of crop genetic diversity ? such as
Mesoamerica in the case of maize (corn) and the Andean region in
the case of potatoes ? small farmers are the ?keystone
species? in agricultural ecosystems of great value to humankind.
Today, however, a formidable nexus of market forces and
political forces threatens both small farmers and the
biodiversity they sustain. Countervailing public policies are
urgently needed. These should include the removal of existing
policy biases against small farmers; social recognition of the
contribution of in situ conservation to human well-being;
development of markets for ?traditional? varieties of crops
and livestock; the provision of local public goods in areas where
farmers cultivate diversity; payments for the environmental
service of on-farm conservation; and support for part-time
farming as an element of diversified household livelihood
strategies.
Date: 2004
URL: http://d.repec.org/n?u=RePEc:uma:periwp:wp86&r=agr
4. ANALYSIS OF RESULTS FROM THE IMPLEMENTATION OF REGULATION (
EEC) 2078/92
Alessandro Ragazzoni (Alma Mater Studiorum-Universit? di
Bologna)
Maurizio Canavari (Alma Mater Studiorum-Universit? di
Bologna)
This paper is concerned with analyzing the CAP policies
involving environmental issues and simulating probable results at
a farm level of the adoption of agri-environmental measures.
JEL: P Q Z
Date: 2005-06-04
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpot:0506001&r=agr
5. RECENT DEVELOPMENTS OF THE EU FARMLAND MARKETS: NATIONAL
VARIABLES AND COMPARATIVE EFFECTS OF THE CAP REFORM IN
SELECTED COUNTRIES
Guido M. Bazzani (CNR - Consiglio Nazionale delle Ricerche,
Italy)
Maurizio Canavari (Alma Mater Studiorum-Universit? di
Bologna)
Maurizio Grillenzoni (Alma Mater Studiorum-Universit? di
Bologna)
Alessandro Ragazzoni (Alma Mater Studiorum-Universit? di
Bologna)
The present paper consists of two main parts. The first one
gives a picture of the more recent development of the farmland
market in selected EC countries since 1985/86. Two main
indicators are used to make relatively comparable the observed
trends concerning: i) land mobility, ii) farmland values. The
second one tries to evaluate the effects of the CAP reform and
the influence of national variables overtime, taking into account
the following indicators: i) mobility (on land transfers; on
tenancy), ii) income (for agricultural or forest use), iii)
farmland values (in the plain; in the hill/mountain areas).
Considerations on land market complexity and segmentation are
finally included, with justification on the empirical approach
adopted in the paper.
JEL: P Q Z
Date: 2005-06-04
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpot:0506002&r=agr
6. Responsiveness of Demand for Irrigation Water: A Focus on the
Southern Murray-Darling Basin
D. Appels (Productivity Commission)
R. Douglas (Productivity Commission)
G. Dwyer (Productivity Commission)
This working paper was released in August 2004. This research is
part of a suite of research related to water reform, including
the effects of expanding water trade and the management of
environmental externalities associated with the supply and use of
irrigation water. A foundation for this research is a detailed
understanding of irrigated agriculture in the southern Murray-
Darling Basin, including: the existing patterns of water use; the
emerging trade in water property rights and the likely
behavioural responses of individual irrigators to changing water
prices. This paper explores the determinants of the elasticity of
demand for irrigation water. It focuses on three main irrigated
industries ? rice, dairy and horticulture ? to gain a greater
understanding of the value that farmers place on water as an
input. The paper provides detail relating to farm decision
behaviour and biophysical production realities faced by
irrigators in the southern Murray-Darling Basin.
Keywords: southern murray-darling basin, irrigation, irrigation
water, water; rice, dairy, horticulture, biophysical
production, water reform, water trade
JEL: R
Date: 2005-06-06
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpot:0506006&r=agr
7. Cheap Food Policy: Fact or Rhetoric
James Miller (Mississippi State Department of Agricultural
Economics)
Keith Coble (Mississippi State Department of Agricultural
Economics)
The term ?cheap food policy? has frequently been used as a
descriptor for U.S. commodity programs by those who contend these
payments to farmers ultimately result in lower food costs for
consumers. More recently, farm policy has been criticized for
contributing to the obesity problem in the U.S. by making large
quantities of fattening foods widely available and relatively
inexpensive. This paper econometrically evaluates the impact of
direct government payments to farmers from 1960-1999 on the
proportion of disposable income consumers spend on food. The
model finds the payments do not significantly affect the
affordability of food.
Keywords: Agricultural policy, obesity, food policy, technology
JEL: Q18
Date: 2005-06-08
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpot:0506008&r=agr
8. Private Crop Insurers and the Reinsurance Fund Allocation
Decision
Keith Coble (Mississippi State Department of Agricultural
Economics)
Robert Dismukes (U.S. Department of Agriculture)
Joseph Glauber (U.S. Department of Agriculture)
This research investigates the strategic behavior of private
crop insurance firms reinsured by the USDA through the Standard
Reinsurance Agreement. This arrangement allows the private firm
to strategically allocate individual policies into different risk
sharing arrangements. Thus, firm earnings are conditioned upon
accurately forecasting policy loss experience. Our analysis
begins with models investigating the characteristics explaining
the placement of policies into the assigned risk fund. Then a
simulation model of the SRA is used to compare the post-SRA
returns of actual firm allocations to two alternative allocation
strategies based on aggregate models and a policy-level
econometric forecasting model.
Keywords: Risk, insurance, reinsurance, logit, policy
JEL: Q18
Date: 2005-06-08
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpri:0506003&r=agr
9. Do Conservation Easements Reduce Land Prices? The Case of
South Central Wisconsin
Kathryn Anderson (UNDP)
Diana Weinhold (London School of Economics)
While theory strongly suggests that restricting development
rights should reduce land prices, empirical evidence of this
effect has been notoriously hard to obtain. Indeed, largely based
on this difficulty a Congressional committee has recently
recommended that tax benefits for such restrictions be severely
curtailed. We collect data on 131 land transactions in South
Central Wisconsin, including 19 cases of development-restricted
parcels. When we use the whole sample to estimate the impact of
conservation easements we replicate the results of Nickerson and
Lynch (2001), finding a negative but statistically insignificant
effect. However we then show that when the sample is
appropriately restricted to a more homogenous group of land
parcels, our ability to detect an effect increases dramatically.
In particular, for vacant agricultural land we find a
statistically significant negative impact of conservation
easements that ranges up to 50% of land values
Keywords: land use, valuation of development rights,
conservation easements, hedonic regression
JEL: Q24 R52
Date: 2005-06-03
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpur:0506001&r=agr
10. Private Sector Participation in Indian Agriculture : An
Overview
Deepak Kumar (ICFAI University Press)
The share of private sector in capital formation in Indian
agriculture is approximately three times more than the public
sector. This shows the active involvement of the private agencies
in the Indian agriculture sector.
Keywords: Indian Agriculture , Private Participation
JEL: R
Date: 2005-06-06
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpur:0506006&r=agr
11. Modelling Water Trade in the Southern Murray-Darling Basin
D. Peterson (Productivity Commission)
G. Dwyer (Productivity Commission)
D. Appels (Productivity Commission)
J. Fry (Productivity Commission)
Released in November 2004, the paper uses TERM-Water, a bottoms-
up regional CGE model of the Australian economy, to examine the
regional effects of expanding trade of irrigation water in the
southern Murray- Darling Basin. The study finds that water
trading dampens the impact of water allocation cuts on gross
regional product (GRP). The benefits of introducing trading
within irrigation districts are greater than the further benefits
of expanding trade to between these regions. Permitting trade of
seasonal allocations allows irrigators to reallocate water in
reaction to climatic conditions and water availability - and it
is this flexibility that enables GRP reductions to be minimised.
Keywords: southern murray-darling basin, CGE model, irrigation
water, water allocation, water trade,
JEL: R
Date: 2005-06-06
URL: http://d.repec.org/n?u=RePEc:wpa:wuwpur:0506007&r=agr
12. EFFICIENT ALLOCATION OF LAND BETWEEN PRODUCTIVE USE AND
RECRATIONAL USE
Eduardo L. Gimenez Fernandez (Departamento de Fundamentos de
Analisis Economico e Historia Economica. Universidad de
Vigo.)
Manuel Gonzalez-Gomez (Departamento de Fundamentos de
Analisis Economico e Historia Economica. Universidad de
Vigo.)
In this paper the efficient allocation of natural recreational
areas is anal- ysed. Natural recreational areas have the features
of public goods. We present the efficient allocation of this non-
excludable public good in a rational general equilibrium model
with heterogeneous agents. This allows us to deal with the free-
rider problem in the provision of the public good. This framework
could be considered as a microfoundation of the Lopez, Shah and
Altobello (1994) model. In addition we study both the "existence"
value and the "use" value of the recreational area in the same
setting. A methodological critique is also made of previous
empirical literature. It is suggested that our theoretical
framework is a suitable starting point for further empirical
research. Finally an empirical application for the Galician case
is presented. Our results sug- gest that current allocations of
land to natural recreational areas in Galiza are not efficient.
Keywords: Land Allocation, Efficient Allocation, Natural
Recreational Areas, Public Good, Social Planner Problem,
Voluntary Contribution Competitive Equilibrium, Use
Value, Existence Value
URL: http://d.repec.org/n?u=RePEc:edg:anecon:0015&r=agr
13. Contingent Valuation and Random Utility Model Estimates of
the Recreational Value of King Mackerel
John C. Whitehead (Appalachian State University)
This paper estimates the value of king mackerel bag limit
changes with both stated and revealed preference methods. The
1997 Marine Recreational Fishery Statistical Survey allows
estimation of the value of avoiding bag limit reductions with the
random utility model and the contingent valuation method. Using
the contingent valuation method, the willingness to pay to avoid
a one fish reduction in the bag limit is $2.45 per year. Using
the random utility model, the willingness to pay to avoid a one
fish reduction in the bag limit for a two-month time period is
$10.83. Considering several methodological issues, the difference
in willingness to pay between the stated and revealed preference
methods is in the expected direction.
JEL: Q51
Date: 2005
URL: http://d.repec.org/n?u=RePEc:apl:wpaper:05-08&r=agr
-------------- next part --------------
An HTML attachment was scrubbed...
URL: /pipermail/nep-agr/attachments/20050618/28db3a7e/attachment.htm
