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From: Angelo Zago (ernad)
Date: 03/21/05


----------------------------------------------------------------------------
NEP: New Economics Papers
Agricultural Economics
----------------------------------------------------------------------------

Edited by: Angelo Zago
           
           Universita degli Studi di Verona
Date:      2005-03-20
Papers:	   5

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. Are Vietnamese Farmers Concerned with their Relative Position 
   in Society?
     Carlsson, Fredrik; Nam, Pham Khanh; Linde-Rahr, Martin; 
     Martinsson, Peter
 
2. Carbon Sequestration in Agricultural Soils: Discounting for 
   Uncertainty
     Kurkalova, Lyubov
 
3. Land Fragmentation and its Implications for Productivity: 
   Evidence from Southern India
     Raghbendra Jha; Hari K. Nagarajan; Subbarayan Prasanna
 
4. The Labor Market for New Agricultural and Resource Economics 
   Ph.D.s
     Wendy A. Stock; John J. Siegfried
 
5. An Analysis of the Impact of Multiple Environmental Goods on 
   House Prices
     Katherine Kiel; Michael Williams
 
----------------------------------------------------------------------------

1. Are Vietnamese Farmers Concerned with their Relative Position 
   in Society?
  
    Carlsson, Fredrik (Department of Economics, School of 
      Economics and Commercial Law, G?teborg University)
    Nam, Pham Khanh (Faculty of Development Economics, 
      University of Economics)
    Linde-Rahr, Martin (Department of Economics, School of 
      Economics and Commercial Law, G?teborg University)
    Martinsson, Peter (Department of Economics, School of 
      Economics and Commercial Law, G?teborg University)

This paper examines the attitude towards relative position or 
status among rural households in Vietnam. On average, the 
respondents show weaker preferences for relative position than in 
comparable studies in Western countries. Possible explanations 
are the emphasis on the importance of equality and that villagers 
are very concerned with how the local community perceives their 
actions. We also investigate what influences the concern for 
relative position and find, among other things, that if anyone 
from the household is a member of the Peoples Committee then the 
respondent is more concerned with the relative position. <p>
 
Keywords: Relative income; positionality; experiments; Vietnam; 
          Asia
JEL:      C91 D63
Date:     2005-03-16
URL:      http://d.repec.org/n?u=RePEc:hhs:gunwpe:0165&r=agr



2. Carbon Sequestration in Agricultural Soils: Discounting for 
   Uncertainty
  
    Kurkalova, Lyubov

The study presents a conceptual model of an aggregator who 
selectively pays farmers for altering farming practices in 
exchange for carbon offsets that the change in practices 
generates. Under the assumption that the offsets are stochastic 
and that the aggregator maximizes the sum of the offsets from the 
purchase that he/she can rightfully claim with a specified level 
of confidence subject to a budget constraint, we investigate the 
optimal discounting of expected carbon offsets. We use the model 
to estimate empirically the optimal discounting levels and costs 
for a hypothetical carbon purchasing project in the Upper Iowa 
River Basin.
 
Date:     2005-03-11
URL:      http://d.repec.org/n?u=RePEc:isu:genres:12262&r=agr



3. Land Fragmentation and its Implications for Productivity: 
   Evidence from Southern India
  
    Raghbendra Jha
    Hari K. Nagarajan
    Subbarayan Prasanna

Keywords: Length (pages): 37
Date:     2005
URL:      http://d.repec.org/n?u=RePEc:pas:asarcc:2005-01&r=agr



4. The Labor Market for New Agricultural and Resource Economics 
   Ph.D.s
  
    Wendy A. Stock (Department of Agricultural Economics and 
      Economics, Montana State University)
    John J. Siegfried (Vanderbilt University and American 
      Economic Association)

This paper describes the characteristics and labor market 
experiences of new agricultural and natural resource (ANR) 
economics Ph.D.s, based on surveys of graduates in 1996-97 and 
2001-02. An average of 185 new Ph.D.s in ANR economics were 
awarded in each of these years. Among these, an average of 27 
percent were earned by women, and 36 percent were earned by U.S. 
citizens. The median graduate took 5.2 years to earn the Ph.D. 
Ninety-five percent of the graduates were employed. About half of 
the jobs were in academe, with the remainder divided roughly 
equally among government, international or research organizations,
and business, industry, and consulting. The median salary of new 
ANR economics Ph.D.s holding full-time jobs in the U.S. was $62,
500 in 2002, up from $47,500 five years earlier. Ninety-one 
percent of the respondents reported that they like their job 
fairly well. Those who do less research and more service are more 
likely to be dissatisfied with their jobs. Overall, 85 percent of 
the new ANR economics Ph.D.s reported that had they known at 
matriculation what they know after graduation, they still would 
have pursued a Ph.D.
 
Keywords: Agricultural and natural resource economists, market 
          for agricultural economists, salaries of agricultural 
          economists
JEL:      A11
Date:     2005-02
URL:      http://d.repec.org/n?u=RePEc:van:wpaper:0504&r=agr



5. An Analysis of the Impact of Multiple Environmental Goods on 
   House Prices
  
    Katherine Kiel (Department of Economics, College of the Holy 
      Cross)
    Michael Williams (Department of Economics, College of the 
      Holy Cross)

It seems an established empirical fact that Superfund sites 
lower local property values. Two recent literature reviews (
Farber, 1998, Boyle and Kiel, 2001) report that published 
academic papers on the topic verify that point. The EPA?s 
approach assumes that all sites negatively impact property values,
and that the impact is similar for all sites. This paper 
examines 74 National Priorities List (NPL) sites in 13 U.S. 
counties in order to test these two implicit assumptions. 
Following the hedonic approach of Kiel (1995) and Kiel and 
McClain (1995), we find that some sites have the expected 
negative impact, while other sites have either no impact or a 
positive impact on local property values. We also consider the 
possibility of ?stigma? from sites by looking at those sites 
that have been cleaned during our sample period and find that 
some sites do appear to suffer from stigma, while others do not. 
We then use a meta-analysis approach to examine what factors 
affect the likelihood and extent of a decrease in property values 
near the sites. We find that larger sites in areas with fewer 
blue-collar workers are more likely to have the expected negative 
impact on local house prices.
 
Keywords: Environment, Superfund, Hedonic regressions, meta-
          analysis, property values
JEL:      Q51 Q53 Q58 R21
Date:     2005-03
URL:      http://d.repec.org/n?u=RePEc:hcx:wpaper:0505&r=agr


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