Share contracts under information asymmetry often involve input application and risk sharing inefficiency. These difficulties are nullified under full information which can be approximated in repeated contracts. We give evidence of cooperation in repeated contracts, indicating the existence of...

The implications of markets, government policies and macroeconomic events,on the agricultural sector are discussed in these papers. The Implications of an Export Tax on Sectoral Growth: A Case in Pakistan Darren Hudson, Mississippi State University and Don Ethridge, Texas Tech University....

We investigate the temporal and spacial nature of productivity growth and its components in Chinese agriculture from 1980-1995 using nonparametric Malmquist procedures. The results indicate that the high rate of technical progress and deterioring efficiency performance coexisted in Chinese...

This study provides a dynamic mathematical treatment of price determination under bilateral monopoly. The results are: a) a quantitiative solution for the equilibrium price; b) equality of profits of the buyer and seller; c) dynamically stable equilibrium price; and d) the bargaining process...