Land Economics articles from August 1994

Land Economics archives from August 1994

Property transfers and environmental pollution: incentive effects of alternative policies.
August 1, 1994... I. INTRODUCTION Many forms of environmental pollution can emanate from a piece of land, resulting from a given use of that land. Examples include: (a) contamination of land (soil or water) through dumping or disposal of hazardous wastes on...

Averting behavior in the presence of public spillovers: household control of nuisance pests.
August 1, 1994... I. INTRODUCTION Economists have often used household production theory as a framework to analyze consumer responses to changes in an environmental commodity. Use of these models to estimate household willingness to pay (WTP) for reductions in...

The location of foreign direct investment for U.S. real estate: an empirical analysis. (includes appendix)
August 1, 1994... I. INTRODUCTION One impact of the increasing globalization of national economies is a dramatic surge in the foreign ownership of U.S. assets. By a variety of measures, the share of domestic assets, employment, and production held by U.S....

Mobile flows, storage, and self-organized institutions for governing common-pool resources. (includes appendices)
August 1, 1994... in the system is relatively steady. Problems arise when the water flow is highly erratic because an irrigator owning a particular slot is still uncertain about his water supply (see Tang 1991). 25 That is not to say that such direct...

The economic value of farm program base. (includes appendix)
August 1, 1994... I. INTRODUCTION Although it has long been recognized that the benefits (or costs) of government policies are capitalized into land values (Floyd 1965), only tobacco programs have been systematically analyzed in a capitalization framework...

Optimum fishing capacity and international transfer of excess allowable catches. (includes appendices)
August 1, 1994... I. INTRODUCTION In this paper we discuss the optimum choice of fishing capacity for fish stocks that vary stochastically and are controlled by separate management authorities. We assume that the stocks are managed by setting an upper limit to...

Can purse seiners target yellowfin tuna?
August 1, 1994... I. INTRODUCTION The question of whether vessels can target individual species in a multi-species fishery is important for fishery management. If vessels can target, then it is possible in principle to develop incentives or controls which will...

Interpretation and temporal stability of CV bids for wildlife existence: a panel study. (contingent valuation)(includes appendix)
August 1, 1994... I. INTRODUCTION Existence values are likely to play an increasingly important role in wildlife management decisions.(1) However, contingent valuation (CV) is the only technique capable of measuring these values, and since little is known about...

Core-periphery economic linkage: a measure of spread and possible backwash effects for the Washington economy. (Washington state)
August 1, 1994... I. INTRODUCTION Many questions regarding economic development and structural change in rural areas are best viewed in terms of a larger regional economy that includes the urban region to which the rural region is economically related. A deeper...

Natural resource damage assessment: speculations about a missing perspective. (Speculations)
August 1, 1994... I. INTRODUCTION Literature on the economics of natural resource damage assessment has been growing rapidly, fueled by controversies surrounding the methods used to estimate damages. The appropriate use of the contingent valuation (CV) method...

Pigou and Coase reconsidered. (A.C. Pigou and R.H. Coase) (Speculations)
August 1, 1994... I. INTRODUCTION So-called Environmental Economics has gradually evolved as a field in which knowledge provided by economics is applied to the understanding and, where possible, the solution to environmental problems. Economists increasingly...

Efficient multiple-use forestry may require land-use specialization: comment. (response to Jeffrey R. Vincent and Clark S. Binkley, Land Economics, vol. 69, p. 370, November 1993) (Comment and Reply)
August 1, 1994... In the article "Efficient Multiple-Use Forestry May Require Land-Use Specialization," Vincent and Binkley (1993; hereafter VB) argue that it is possible for dominant use, rather than multiple use, to be optimal policy for two identical forest...

Efficient multiple-use forestry may require land-use specialization: reply. (response to article by Gloria E. Helfand and Marilyn D. Whitney in this issue, p. 391) (Comment and Reply)
August 1, 1994... Helfand and Whitney (1994, hereafter HW) do not contest that dominant use is superior to multiple use when production at the stand level has the characteristics depicted in our Figure 2 (Vincent and Binkley 1993). Instead, they interpret this...