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Regional economic impact models are important tools used to analyze the impacts of policy changes to a regional, state, county, or local economies. The National Environmental Policy Act requires economic analysis in preparing environmental impact statements to show the effects of policy...
Persistent link: https://www.econbiz.de/10009446761
The Woodrising farming business has developed from a grazing operation based on a relatively small soldier settlement block in Northern Tasmania. The expansion and diversification has entailed: Purchase of additional land. Leasing land for cropping, for short (seasonal) and long (3-5 year)...
Persistent link: https://www.econbiz.de/10009443900
The economic impact of changing land-use policies has traditionally been estimated using the standard economic model of profit maximization. Ranchers are assumed to maximize profit and to adjust production strategies so as to continue maximizing profit with altered policies. Yet, nearly 30 years...
Persistent link: https://www.econbiz.de/10009446764