Farmland and capital are an important and rapidly expanding component of the agricultural economy, and empirical evidence suggests that these assets are quasi-fixed in that adjustment costs are incurred when holdings are altered. Increased interest in the rate of return for investing in farmland...

This study examines willingness to pay among consumers in five metropolitan areas in Tennessee for steaks and ground beef produced in Tennessee. Consumers are willing to pay a positive premium for Tennessee beef. The choice of shopping outlets for Tennessee beef is also examined. Demographics,...

A new indicator of farm income dependence is developed for identifying differences in resource allocation among farm households. Analysis of farm household data between 1996 and 2006 identifies the index as being more informative and indicative of structural responses than the typical reliance...

With the production and cropping efficiency gains from adoption of Genetically Modified (GM) corn, the number of acres planted has increased steadily over the past decade. Also, the adoption of GM crops in general has an impact on the labor allocation decisions of farm operators. Using a large...

Replaced with revised version of paper 06/04/09.

The Mama Lus Frut scheme was established to increase the productivity of smallholder palm-oil plantations in Papua New Guinea. ACIAR project ASEM/1999/084, ‘Improving Productivity of the Smallholder Oil Palm Sector in Papua New Guinea: a Study of Biophysical and Socioeconomic Interactions’,...

An economic evaluation of two Australian Centre for International Agricultural Research (ACIAR) projects in the area of postharvest technology for tropical fruits was undertaken. This evaluation considered a 30 year time period from the first year of investment and assumed a discount rate of 5...