We develop a general framework for multifunctional agriculture, which includes not only public goods but also rural viability as a non-public good item. We contribute to the literature in two ways. First, we demonstrate how the broader definition of multifunctional agriculture differs from the...

Bioenergy has been politically promoted as a means to mitigate air pollution, climate change, and scarcity of fossil energy sources. This study addresses the question whether increased agricultural incomes from bioenergy production will improve food security despite increasing food prices. We...

Large differences in terms of economic and social development across countries and smaller regions are one of the most important hinders for effective implementations of sustainable development. This paper presents a methodological approach to measure differences of economic and social...

We investigate the dynamics of nonrenewable resource abundance on economic growth and welfare in a two-country world. One country is endowed with a nonrenewable-resource, otherwise, countries are identical, except possibly for their initial endowments of capital. Unlike previous studies...

Current projections indicate that by 2025, water scarcity will affect over one quarter of the world’s population. This suggests that the need to manage water more efficiently will become more pressing during the next few years as the demand for water increases along with the expansion of...

The Minnesota Regional Development Simulation Laboratory (SIMLAB) was used to simulate statewide economic effects of three iron mining industry options--revitalization of the Lower Great Lakes states steel industry, gradual liquidation of this industry, and the direct reduction of iron ore to...