In this article we propose a theoretical model for analyzing capital requirement in agricultural production and define excess capital thereupon. We develop a two-step method that allows endogenous regressors in the maximum likelihood estimation. The two-step procedure is also capably of...

Given its vast land resources and favorable water supply, the Democratic Republic of Congo's (DRC) natural agricultural potential is immense. However, the economic potential of the sector is handicapped by one of the most dilapidated transport systems in the developing world (World Bank, 2006)....

Perennial crop production is inherently dynamic due to several salient physical characteristics including an establishment period of several years with low or no yields, long lives in commercial production (40 years or more), and path-dependence of yields on input use and other exogenous...

This article investigates the role of greenhouse gas (GHG) offset payment design on abatement efficiency in agriculture. We develop a regionally disaggregated positive mathematical programming model of California agriculture calibrated to economic and agronomic information. Regional yield and...

Rainy-season farming is a major source of income for the rural population in the Guinea Savannah zone of West Africa. Farming systems in the region are dominated by rain-fed production of cereals, but include also leguminous crops and oilseeds. A recent World Bank study has identified high...

Rainy-season farming is a major source of income for the rural population in the Guinea Savannah zone of West Africa. Farming systems in the region are dominated by rain-fed production of cereals, but include also leguminous crops and oilseeds. A recent World Bank study has identified high...

The selection of appropriate parameters for computable general equilibrium (CGE) models critically affects the results of applied economic modeling exercises. Valid and reliable parameter selection models are needed, and typically comprise direct estimation, expert opinion, or copycatting of...

Spatial data, which are data that include the coordinates (either by latitude/longitude or by other addressing methods) on the surface of the earth, are essential for agricultural development. As fundamental parameters for agriculture policy research agricultural production statistics by...