Probit analyses were conducted for adoption of Best Management Practices (BMPs) and rotational grazing. Results show that more diversified farmers are more likely to adopt BMPs. Results for willingness to adopt rotational grazing show that higher bid offers would lead farmers to be more willing...

Replaced with revised version of paper 02/09/04.

In addition to the conventional auction method of cattle marketing, alternative marketing arrangements include sale by private treaty, video auction, retained ownership, and use of strategic alliances. This study examines use of alternative marketing arrangements and types of producers using...

This study compares parametric and semiparametric smoothing techniques to estimate the environmental Kuznet curve. The ad hoc functional form where income is related either as a square or a cubic function to environmental quality is relaxed in search of a better nonlinear fit to the...

The Latin American peanut industry is estimated using SUR. In scenarios, their demand is not affected dramatically by both price changes. The price changes affect the Latin American supply by roughly 15% and net trade by approximately 50%, compared to less than 10% in world price shock.

GRP is essentially a put option on the NASS estimate of the county average yield. Purchasers of GRP are exposed to geographic basis risk. This study uses farm- and county-level yield data to examine the viability of area yield insurance for cotton and soybean farms in the southeastern U.S.

Consumer acceptance of genetically modified (GM) products has become a vital factor in determining how prosperous the markets for GM products will be in the future. This phenomenon creates increased interest in understanding consumer attitudes and purchase intentions with regard to GM foods....

This paper reviews theoretical and empirical advances in transaction cost economics with the intention of applying the theory to biopower fuel organization from agricultural sources in future research. This literature provides a useful framework that can inform organizational arrangements of...

Forestland is a composite good, the price of which varies with its characteristics, such as its ability to produce timber and its proximity to markets. Sales of predominately forested land in southeastern Oklahoma were examined to better understand and quantify the influences of physical and...

Recent literature has combined Revealed (RP) and Stated Preference (SP) data in the Multinomial Logit Model (MNL) to estimate the value of environmental goods. However, emerging research has identified that a limitation of the MNL is the assumption of Independently and Identically Distributed...