This paper examines the effects of price uncertainty on agricultural productivity. Appelbaum(1991) provided an empirical framework to analyze the effects of uncertainty on firm behavior. We apply the model to the U.S. agricultural sector, using a parametric rather than a nonparametric approach...

Bt corn offers a powerful tool to control European corn borers and some other pests. Because pest infestations and farming practices differ across the Corn Belt, economic benefits also differ. This research estimates the value of Bt corn across the Corn Belt. Results identify areas where Bt...

The cost-effectiveness of alternative green payment policies designed to achieve a targeted level of abatement by heterogeneous microunits is analyzed. Abatement costs and implications for production and government payments are compared using a simulation model for controlling drainage from...

This paper explores deforestation and asset accumulation among small scale farmers in tropical forests. In a two-state variable control model, forest clearing is an investment in land holdings and the productivity of forest clearing is a function of non-land assets like chainsaws. Comparative...

The usefulness of several information sources is examined for U.S. farms with sales in excess of $100,000. The results indicate that crop/livestock-specific magazines and general farm magazines are the most useful information sources. Analyses indicate that the types and number of different...

The rapid change in the character of land use in traditional agricultural regions of the Midwest has led to public concern in recent years. As a result, policy makers have attempted to forge novel ways to cope with problems associated with loss of farmland and the encroachment of urban/suburban...

Throughout the 1990s, scenic rural areas have experienced faster employment growth than their counterparts. But, rural employment growth relies on a much broader set of county characteristics than just scenic amenities. Analysis provides insight into the role of scenic amenities in rural...

A two-stage model estimates aggregate and source-specific import demand elasticities for pork in Japan. The low income elasticity of imported pork and low income elasticity of U.S. pork reflect consumer survey results of low quality rating for imported pork compared to domestic pork, and rating...

Environmental concerns linked to hog production are growing in the United States and the European Union and therefore new regulations controlling animal manure management are being imposed to address these concerns. This study determines that potential increases in U.S. environmental regulation...