Alternative Public Land Management Policy Impacts: Ranch and County Level
Thomas R. Harris and
Ethan Grumstrup
Journal of the ASFMRA, 2023, vol. 2023
Abstract:
A dynamic Monte Carlo linear programming model of a cattle ranch in Elko County, Nevada, provided a range of assets under management (AUM) valuations under alternative reductions in public land grazing permits. Employing these ranch level results into a county level input-output model, we derived a range of county economic, employment, and household income impacts for alternative public land policies. Estimation as to possible ranges in AUM valuations and county level economic impacts provides information to policy makers not only during periods of average economic condition but also under unfavorable economic conditions.
Keywords: Consumer/Household Economics; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:342886
DOI: 10.22004/ag.econ.342886
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