This study examines how the U.S. crop mix pattern has responded to climate and in turn the potential effects of projected climate change. We find that there are significant effects of temperature and precipitation on the crop choice decisions.

Research on payments for environmental services (PES) largely focuses on two contract types – cost-share and annual stewardship payments. But other types of transactions, such as tax credits, green insurance, and price premiums tied to environmental stewardship certification, can also promote...

We employ a two-stage random utility model (RUM) to estimate people’ marginal willingness to pay (WTP) for enhancing community-level floodplain management activities reflected in the National flood insurance program (NFIP)’s Community Rating System (CRS) program. CRS is a voluntary program,...

We examine the role of spatial interactions in conservation easements placed on prairie pothole habitat in western Canada. One of the goals of the conservation easement program we study is to protect contiguous habitat. We identify endogenous spatial interactions among conservation easements and...

This study develops and solves a stochastic, multi-year, discrete space-time model that allows the comparative analysis between non-spatial and spatially explicit models. The solution to this model implies the Stochastic Space-Time Natural Enemy-adjusted Economic Threshold (SST-NEET) to guide...

Extant point-nonpoint trading programs involve trades of relatively certain point source emissions reductions for highly uncertain estimates of nonpoint reductions. Trade ratios, or uncertainty ratios, define the rate at which these imperfect substitute commodities are traded. Economic research...

This study offers a unique contribution to the literature by investigating the convergence of province-level carbon dioxide emission intensity among a panel of 30 provinces in China over the period 1990-2010. We use a novel, spatial dynamic panel data model to evaluate an empirically testable...