Australian Journal of Agricultural and Resource Economics最新文献_第3页

Estimating the productivity of US agriculture: The Fisher total factor productivity index for time series data with unknown prices 估算美国农业的生产率：针对未知价格时间序列数据的费雪全要素生产率指数

IF 2.6 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-05-10 DOI: 10.1111/1467-8489.12565

Thanh Ngo, David Tripe, Duc Khuong Nguyen

引用次数: 0

Why trade matters—How policy shapes who eats what where and how it is produced 贸易为何重要--政策如何决定谁在哪里吃什么以及如何生产

IF 2.6 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-04-25 DOI: 10.1111/1467-8489.12566

Jenny Gordon

引用次数: 0

The impact of ocean warming on selected commercial fisheries in New Zealand 海洋变暖对新西兰部分商业渔业的影响

IF 2.6 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-04-15 DOI: 10.1111/1467-8489.12564

Hanny John Mediodia, Ilan Noy, Viktoria Kahui

{"title":"The impact of ocean warming on selected commercial fisheries in New Zealand","authors":"Hanny John Mediodia, Ilan Noy, Viktoria Kahui","doi":"10.1111/1467-8489.12564","DOIUrl":"10.1111/1467-8489.12564","url":null,"abstract":"Warming oceans affect the growth, reproduction and location of fish species. Using a bioeconomic framework, we estimate the relationship between sea surface temperature (SST) and the catch of de facto open-access commercial fisheries of flatfish, trevally and jack mackerel in New Zealand. Assuming either a logarithmic or quadratic relationship between the SST and the carrying capacity of the fish stock, we consider three fishing methods (bottom trawl, set net and midwater trawl) and two measures of effort (count and duration). We show that ocean warming results in an increase in catch for all species if we assume a logarithmic relationship, with the highest marginal product of SST (<math>\u0000 <semantics>\u0000 <mrow>\u0000 <msub>\u0000 <mi>MP</mi>\u0000 <mi>SST</mi>\u0000 </msub>\u0000 </mrow>\u0000 </semantics></math>) for jack mackerel caught using midwater trawl. The highest marginal revenue product (computed by the MPSST, current price and fished area) is found for flatfish caught by set net. However, when assuming a quadratic relationship, there is a threshold above which catch starts to decrease, with the maximum catch of species ranging between 10 and 12.2°C. These results also vary spatially, with higher values of MPSST observed in areas closer to the South Pole. Our findings are relevant for any review of fisheries management systems in response to ocean warming.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12564","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140701064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Beyond anthropocentrism in agricultural and resource economics 超越农业和资源经济学中的人类中心主义

IF 2.6 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-03-18 DOI: 10.1111/1467-8489.12560

Romain Espinosa, Nicolas Treich

引用次数: 0

Options on temporary water allocation rights and their pricing 临时水资源分配权及其定价方案

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-03-14 DOI: 10.1111/1467-8489.12562

Geoff Lee, Wenfeng Dong, Zili Zhu

{"title":"Options on temporary water allocation rights and their pricing","authors":"Geoff Lee, Wenfeng Dong, Zili Zhu","doi":"10.1111/1467-8489.12562","DOIUrl":"10.1111/1467-8489.12562","url":null,"abstract":"This paper presents a methodology for defining the spot price of temporary water allocation rights for trading zones within the water market in the southern Murray–Darling Basin situated in Australia. The historical spot price is then used to calibrate a stochastic process depicting the dynamics of the water price, allowing the computation of prices of options on the underlying water price with the aim of producing reference prices to catalyse an options trading market. The most suitable stochastic model representing the water price dynamics is selected through comparing the option prices generated from four different models. Using the selected stochastic model, the most liquid trading zone in the Murray–Darling Basin water market (Zone 7) is used to demonstrate how the methodologies developed in the paper are used to calibrate the log-mean stochastic model representing the stochastic spot price dynamics and compute prices for call and put options on the underlying water spot prices. Sensitivities of the water options prices to market input data can be calculated from the formulae provided in the paper. The results presented in this work can serve as a reference tool by industry practitioners and the farming community in using options for effective risk management of water resources.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12562","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140243280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Insights into preferences for irrigation pumps in West Bengal: An application of best-worst-scaling 对西孟加拉邦灌溉水泵偏好的洞察：最佳-最差比例的应用

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-03-14 DOI: 10.1111/1467-8489.12563

Sophie Lountain, Bethany Cooper, Lin Crase, Michael Burton, Daniel Rigby

引用次数: 0

Investigating revealed preferences for urban waterway conditions: A hedonic property valuation study 调查城市水道条件的显性偏好：保值型财产估值研究

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-03-11 DOI: 10.1111/1467-8489.12561

Buyani Thomy, Mark Morrison, Roderick Duncan, Rosalind H. Bark, Kevin J. Boyle, Phillip J. Birtles

{"title":"Investigating revealed preferences for urban waterway conditions: A hedonic property valuation study","authors":"Buyani Thomy, Mark Morrison, Roderick Duncan, Rosalind H. Bark, Kevin J. Boyle, Phillip J. Birtles","doi":"10.1111/1467-8489.12561","DOIUrl":"10.1111/1467-8489.12561","url":null,"abstract":"This study examines the impact of urban waterway conditions on property market prices. In general, similar revealed preference studies typically focus on identifying the value associated with changes in attributes such as riparian vegetation or water quality. Using an index that classifies waterways based on the vegetation and channel conditions, we analyse both attributes. Our spatial hedonic property price model findings indicate that buyers are willing to pay premiums ranging from 2.7% to 8.5%, depending on vegetation and channel conditions. However, when the proximity to the waterway is accounted for, we found that properties adjacent to the highest-ranked vegetation and channel conditions attract a higher premium of 12.8%. Overall, the implicit marginal effects for the distance–condition interaction variables indicate that for lower-ranked waterway conditions, there is a relative aversion to being adjacent to waterways. The results suggest that there are significant gains to be realised from removing concrete-lined channels and replacing them with stones for banks, or re-creating unmodified channels, even if there is only limited scope for increasing vegetation.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12561","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140253172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

New evidence of the driving forces behind Brazil's agricultural TFP growth—A stochastic frontier analysis with climatic variables and land suitability index 巴西农业全要素生产率增长背后驱动力的新证据--利用气候变量和土地适宜性指数进行的随机前沿分析

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-03-03 DOI: 10.1111/1467-8489.12558

Humberto Francisco Silva Spolador, André Felipe Danelon

{"title":"New evidence of the driving forces behind Brazil's agricultural TFP growth—A stochastic frontier analysis with climatic variables and land suitability index","authors":"Humberto Francisco Silva Spolador, André Felipe Danelon","doi":"10.1111/1467-8489.12558","DOIUrl":"10.1111/1467-8489.12558","url":null,"abstract":"Using panel data from 510 Brazilian micro-regions in three census years (1995, 2006 and 2017), this study presents a productivity decomposition for the Brazilian agricultural sector using stochastic production frontier methods that account for the effects of rainfall, temperature and the land suitability index. We also calculated the total factor productivity (TFP) index and decomposed it into technical efficiency, technological change, scale efficiency and environmental efficiency. This article thus provides a new and more realistic assessment of recent Brazilian agricultural productivity growth. In recent decades, Brazilian agriculture has become widely known for presenting fast productivity growth; however, our results suggest that a lower TFP growth rate than previous estimates (1.96% per annum) and the overall effects of climate change could potentially compromise Brazilian agricultural TFP growth in the long run. Our findings might thus generate insights for agricultural and regional policies to increase efficiency in the sector and promote sustainable agricultural development in Brazil, which will contribute to the sector's competitiveness in international markets, the country's social and economic welfare, and environmental conservancy.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140267272","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An integrated assessment model of the impacts of agricultural intensification: Trade-offs between economic benefits and water quality under uncertainty 农业集约化影响的综合评估模型：不确定情况下经济效益与水质之间的权衡

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-02-12 DOI: 10.1111/1467-8489.12555

Augusto Souto, Miguel Carriquiry, Francisco Rosas

{"title":"An integrated assessment model of the impacts of agricultural intensification: Trade-offs between economic benefits and water quality under uncertainty","authors":"Augusto Souto, Miguel Carriquiry, Francisco Rosas","doi":"10.1111/1467-8489.12555","DOIUrl":"10.1111/1467-8489.12555","url":null,"abstract":"We integrate a model that simulates biophysical processes in soils and water with spatial and temporal heterogeneity at the basin scale with an economic model of decisions under uncertainty, to simultaneously evaluate the economic and environmental effects of farming practices and land uses that characterise agricultural intensification. The introduction of uncertainty allows the evaluation of economic impacts both due to changes in average profits and in their volatility. Through our model integration, we endogenously tackle the trade-offs between economic benefits and environmental outcomes, in terms of nutrient levels in water. Results show that a sizable increase in economic benefits from supplemental irrigation comes from lower risk premiums. Medium-to-high increments of fertiliser rates in irrigated crops are dominated in terms of economic benefits by low fertiliser rate increments. We find that water quality deteriorates with intensive farming practices. However, the magnitude of the trade-offs between economic benefits and water quality is mixed and depends on the nutrient and level of risk aversion considered. The ability of our model to quantify and document the mentioned effects is a relevant input to inform the decision-making process of agricultural and environmental authorities, often characterised by competing and opposing objectives.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139844552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Purchasing habits, age effects and Chinese consumers' willingness to pay for chilled pork: Evidence from a random Nth-price auction experiment 购买习惯、年龄效应和中国消费者对冰鲜猪肉的支付意愿：来自随机 N 次价格拍卖实验的证据

IF 3.2 3区经济学

Australian Journal of Agricultural and Resource Economics Pub Date : 2024-02-02 DOI: 10.1111/1467-8489.12556

Zhen Yan, Fei Han, Holly Wang, Yun Shen, Jiehong Zhou

{"title":"Purchasing habits, age effects and Chinese consumers' willingness to pay for chilled pork: Evidence from a random Nth-price auction experiment","authors":"Zhen Yan, Fei Han, Holly Wang, Yun Shen, Jiehong Zhou","doi":"10.1111/1467-8489.12556","DOIUrl":"10.1111/1467-8489.12556","url":null,"abstract":"As concerns over African swine fever (ASF) in China continue, measures have been taken to regulate the inter-provincial transport of live hogs, yet entrenched non-chilled fresh pork consumption habits make it challenging to expand the chilled pork in the market. To address this issue, our study employed multiple rounds of random Nth-price auction experiments to measure participants' quality perceptions of, and willingness to pay (WTP) for chilled pork under different packaging, storage temperature and duration labels. By comparing the results with physicochemical lab testing outcomes, we confirmed the existence of a quality perception bias among the participants. Notably, consumers who regularly consume chilled meat demonstrated a higher average WTP, while consumers born in the 1980s exhibited significantly higher bids. Furthermore, access to emerging purchase channels positively influences consumer WTP for chilled meat, particularly through branded product purchasing experiences. Consequently, it is recommended that the public sector takes steps to balance the distribution of pork production capacity and supports the development of cold chain transportation technology to meet the growing demand for high-quality chilled pork, especially from younger consumers.","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139869297","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0