EC27-811 Harvesting Wheat in Nebraska with the Combined Harvester Thresher 1926

Frequent inquiry from wheat growers in Nebraska and others as to the relative merits of the combined harvester-thresher as an efficienct and economical harvesting machine led the Nebraska Agricultural College to make a study of this problem in the summer of 1926. The work was carried on by the Departments of Rural Economics and Agricultural Engineering, cooperating with the United States Department of Agriculture which was conducting a similar survey in different parts of the United States. Perkins county, Nebraska, was the area selected for study as it is more or less typical of those parts of the state where combines are used extensively. The purpose of this circular is merely to give such informaition as is available regarding harvesting costs by different methods in Nebraska and not to recommend one method over another since location, acreage, climatic conditions, and topopgraphy all have their influence in determining the most economic method for different communities.

The Economics of Threatened Species Conservation: A Review and Analysis

Stabilizing human population size and reducing human-caused impacts on the environment are keys to conserving threatened species (TS). Earth's human population is ~ 7 billion and increasing by ~ 76 million per year. This equates to a human birth-death ratio of 2.35 annually. The 2007 Red List prepared by the International Union for Conservation of Nature and Natural Resources (IUCN) categorized 16,306 species of vertebrates, invertebrates, plants, and other organisms (e.g., lichens, algae) as TS. This is ~ 1 percent of the 1,589,161 species described by IUCN or ~ 0.0033 percent of the believed 5,000,000 total species. Of the IUCN’s described species, vertebrates comprised relatively the most TS listings within respective taxonomic categories (5,742 of 59,811), while invertebrates (2,108 of 1,203,175), plants (8,447 of 297,326), and other species (9 of 28,849) accounted for minor class percentages. Conservation economics comprises microeconomic and macroeconomic principles involving interactions among ecological, environmental, and natural resource economics. A sustainable-growth (steady-state) economy has been posited as instrumental to preserving biological diversity and slowing extinctions in the wild, but few nations endorse this approach. Expanding growth principles characterize most nations' economic policies. To date, statutory fine, captive breeding cost, contingent valuation analysis, hedonic pricing, and travel cost methods are used to value TS in economic research and models. Improved valuation methods of TS are needed for benefit-cost analysis (BCA) of conservation plans. This Chapter provides a review and analysis of: (1) the IUCN status of species, (2) economic principles inherent to sustainable versus growth economies, and (3) methodological issues which hinder effective BCAs of TS conservation.