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The paper emphasizes three interrelated questions about the decline in relative farm to non-farm prices in the United States since 1973; 1) Is it unusual, 2) What caused it, and 3) Is it likely to continue? We find that based on historical and international evidence this phenomenon may be considered...
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Farmers in America's Heartland are paying increasing attention to emerging trends of consolidation of farm firms, contractual and ownership linkages across input suppliers/processor and farm firms, and strategic partnering across the stages of food production, processing, and the firms that do...
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This study applies a Data Envelopment Analysis (DEA) approach to analyze total factor productivity, technology, and efficiency changes in Chinese agricultural production from 1984 to 1993. Twenty- nine provinces in China were classified into advanced-technology and low-technology categories. The...
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A normalized Quadratic Cost function is estimated using data from 1998-2003 to analyze the cost structure of North Dakota farms. Results indicate that there is overall evidence of increasing returns to scale. However, we do not find differences in efficiency across the different farm sizes....
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