Contractual breaches are very common in developing countries such as China. In order to prevent breaches of contract, the contractual designs between farmers and agricultural processors (Dragon Head Firms) in China are innovating in two ways: organizational innovations and contractual...

By conducting a meta-analysis using 50 observations collected from 15 primary studies, we systematically analyze heterogeneities in consumer preferences for U.S. beef products and the results have valuable implications both from a policy perspective as well as from a methodological perspective....

Replaced with revised version of paper 07/20/10.

This paper employs the production function-based method proposed by Just and Pope (1978, 1979) to explicitly analyze production risk in the context of Chinese grain farming and climate change, and test for a potential endogeneity of climate factors in Chinese grain production. Our results...

This paper develops a two-step method to estimate the influence of non-deterministic factors in production on food prices, and finds that non-deterministic factors of wheat production do significantly affect both wheat and corn prices in the world and, however, those of corn do not.

Using Monte-Carlo simulation, , we compare the most popular demand systems including the LES, AIDS, BTL, QES, QUAIDS and AIDADS, and find that different models actually have different advantages in estimating different elasticities. Specifically, QES, AIDS and AIDADS models are the best in...

Contracts are widely used by agricultural processors for purchasing inputs not only in developed countries but also in developing countries such as China. The total number of formal, written contracts between farmers and food processors is increasing rapidly in China, and the formal contracts...

Another version will replace the current draft