Coffee tree replanting is needed in Indonesia, yet a financing scheme is not available at the moment due to its economic feasibility and farmers' reluctance to reinvest. This research aims to design contract farming for coffee tree replanting in Indonesia to support coffee farmer welfare. The...

Regulated agricultural markets in India are run by the respective State Agricultural Produce Marketing Committee (APMC) with assurance of Minimum Support Price (MSP). The Shanta Kumar Committee in 2015 recommended revisiting this MSP Policy due to various drawbacks thereat. Accordingly, three...

World food markets are susceptible to systemic shocks due to a concentration of production in a few main breadbasket regions, strong import dependencies of many developing countries, and frequent unilateral and uncoordinated policy interventions such as export restrictions.The well-established...

The modern nutritional transition is characterized by a significant increase in protein consumption derived from animal-based foods, particularly meat. Despite its importance, the underlying drivers of this process have not been extensively explored, especially from a quantitative perspective....

The European Union is a large producer of milk and dairy products. It is also a significant market for the consumption of dairy products, which is characterised by effective demand, and it significantly influences the markets of other food products. The main milk producers in the EU are Germany,...

This article examines the relationship among animal-based meat and plant-based meat alternatives using a basket and expenditure-based choice experiment (BEBCE). In particular, we examine whether animal-based meat products are substitutes or complements with plant based meat alternatives....

Governments spend considerable resources providing goods directly. We show that such behavior may increase welfare when private suppliers have market power. We do this by studying the staggered rollout of hundreds of government milk “ration stores” in Mexico using a proprietary panel of...

We explore how a changing climate has impacted the valuation of corn and soybeans grown in the U.S. Midwest. Earlier literature has found that corn and soybean output is sensitive to weather in a nonlinear manner: yields benefit for moderate rain and temperatures, and generally suffer under...

Businesses often engage in long-term relationships with firms and people they trust and know, in which they informally sell and exchange information and services (Baker, Gibbons, & Murphy, 2002). As postulated by Arrow (1972, p. 357), "virtually every commercial trans-action has within itself an...