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Browsing Agricultural Economics Faculty Research and Publications by Title

Browsing Agricultural Economics Faculty Research and Publications by Title

Now showing items 23-42 of 66

Farmer's perceived costs of wetlands: Effects of size, hydration, and dispersion

Gelso, Brett R.; Fox, John A.; Peterson, Jeffrey M. (2008-09-24)

We survey landowners to investigate the costs associated with the presence of permanent or seasonal wetland areas in cropland. We find, as predicted by our conceptual model, that dispersion of wetland areas imposes substantial ...
Farmers' perceived costs of wetlands: effects of wetland size, hydration, and dispersion

Gelso, Brett R.; Fox, John A.; Peterson, Jeffrey M. (2012-10-16)

We survey landowners to investigate the costs associated with the presence of permanent or seasonal wetland areas in cropland. We find, as predicted by our conceptual model, that dispersion of wetland areas imposes substantial ...
Feast or flee: government payments and labor migration from agriculture in the United States

D’Antoni, Jeremy; Mishra, Ashok K.; Barkley, Andrew P. (2012-06-14)

Government payments have been a part of agriculture since 1933 and at no time has the government stated a policy objective of decreasing the agricultural labor force. The reality of the matter may be considerably different. ...
Fixed effects estimation of the intensive and extensive margins of irrigation water demand

Hendricks, Nathan P.; Peterson, Jeffrey M. (2012-06-22)

Irrigation water demand is estimated using field-level panel data from Kansas over 16 years. The cost of pumping varies over time due to changes in energy prices and across space due to differences in the depth to water. ...
Forecasting a moving target: The roles of quality and timing for determining northern U.S. Wheat basis

Bekkerman, A.; Brester, G. W.; Taylor, Mykel R.

While nearly instantaneous commodity futures price information provides price forecasts for national markets, many market participants are interested in forecasts of local cash prices. Expected basis estimates are often ...
Futures Prices in Supply Analysis: Are Instrumental Variables Necessary?

Hendricks, Nathan P.; Janzen, Joseph P.; Smith, Aaron (2014-07)

Crop yield shocks are partially predictable—high planting-time futures prices have tended to indicate that yield would be below trend. As a result, regressions of total caloric production on futures prices produce estimates ...
Gaussian Quadratures vs. Monte Carlo Experiments for Systematic Sensitivity Analysis of Computable General Equilibrium Model Results

Villoria, Nelson B.; Preckel, Paul V.

Third-order Gaussian quadratures (GQ) approximate the mean and variance of model results allowing for computationally inexpensive sensitivity analysis to uncertainty in exogenous parameters. Unfortunately, commonly used ...
Genetically engineered crops and pesticide use in U.S. maize and soybeans

Perry, Edward D.; Ciliberto, F.; Hennessy, D. A.; Moschini, G.

The widespread adoption of genetically engineered (GE) crops has clearly led to changes in pesticide use, but the nature and extent of these impacts remain open questions. We study this issue with a unique, large, and ...
Groundwater economics: an object-oriented foundation for integrated studies of irrigated agricultural systems

Steward, David R.; Peterson, Jeffrey M.; Yang, Xiaoying; Bulatewicz, Tom; Herrera-Rodriguez, Mauricio; Mao, Dazhi; Hendricks, Nathan P. (2012-10-09)

An integrated foundation is presented to study the impacts of external forcings on irrigated agricultural systems. Individually, models are presented that simulate groundwater hydrogeology and econometric farm level crop ...
Groundwater pumping by heterogeneous users

Saak, Alexander E.; Peterson, Jeffrey M. (2012-10-10)

Farm size is a significant determinant of both groundwater irrigated farm acreage and groundwater irrigation application rates per unit land area. This paper analyzes the patterns of groundwater exploitation when resource ...
Groundwater use under incomplete information

Saak, Alexander; Peterson, Jeffrey M. (2012-10-16)

This paper introduces a game theoretic model of groundwater extraction in a two-cell aquifer under incomplete information. A novel assumption is that individual users have incomplete knowledge of the speed of lateral flows ...
Grouped Coefficients to Reduce Bias in Heterogeneous Dynamic Panel Models with Small T

Hendricks, Nathan P.; Smith, Aaron (2015-04)

We propose the grouped coefficients estimator to reduce bias in dynamic panels with small T that have a multilevel structure to the coefficient and factor loading heterogeneity. If groups are chosen such that the within-group ...
Heterogeneous effects of warming and drought on selected wheat variety yields

Tack, Jesse; Barkley, Andrew P.; Nalley, Lawton Lanier (2014-11-14)

Climate change is likely to significantly impact agricultural production in the Great Plains region of the Central United States. This study estimated the impact of changes in temperature and precipitation on wheat (triticum ...
High Plains Aquifer study revisited: a 20-year retrospective for western Kansas

Peterson, Jeffrey M.; Bernardo, Daniel J. (2013-04-09)

The most comprehensive water policy analysis conducted on the High Plains region to date was the High Plains Ogallala Regional Aquifer Study completed in 1982. Twenty years later, we had a unique opportunity to compare the ...
The impacts of U.S. horse slaughter plant closures on a western regional horse market

Taylor, Mykel R.; Sieverkropp, Elizabeth (2014-04-28)

This study quantifies the price impacts from the closure of all U.S. horse slaughter plants in 2007 on live horses at a Montana auction. The hedonic pricing model includes supply and demand factors such as horse-specific ...
Incentive-compatible pollution control policies under asymmetric information on both risk preferences and technology

Peterson, Jeffrey M.; Boisvert, Richard N. (2013-03-21)

This article proposes a method to accommodate asymmetric information on farmers’ risk preferences in designing voluntary environmental policies. By incorporating stochastic efficiency rules in a mechanism design problem, ...
The influence of ethical attitudes on the demand for environmental recreation: incorporating lexicographic preferences

Gelso, Brett R.; Peterson, Jeffrey M. (2013-07-09)

This article examines the relationships between different ethical attitudes toward environmental quality and the ‘use’ values obtained from the environment. In particular, we consider individuals who have duty-based ethical ...
Introduction of Electronic Combinatorial Auction to a Food Manufacturer

Harris, Keith D.; Biere, Arlo W.
Irrigation offsets wheat yield reductions from warming temperatures

Tack, Jesse; Barkley, Andrew; Hendricks, Nathan P. (2017-11)

Temperature increases due to climate change are expected to cause substantial reductions in global wheat yields. However, uncertainty remains regarding the potential role for irrigation as an adaptation strategy to offset ...
Japanese consumers’ valuation of rice and pork from domestic, U.S., and other origins

Peterson, Hikaru H.; Bernard, John C.; Fox, John A.; Peterson, Jeffrey M. (2014-04-28)

Adoption of country-of-origin-labeling (COOL) has important implications for U.S. food exports. We assess the impact of COOL on imported rice and pork for Japanese female consumers using an auction experiment. In a first ...