Geographic markets are extremely important to agriculture because agricultural products are bulky and/or perishable and production and consumption areas are separated. This study investigates how mandatory price reporting has influenced the degree of spatial market integration between U.S....

The effects of diversification on firm value in the food economy are analyzed within four major sectors: processing, wholesale, retail, and restaurant. We find that diversification in the food economy contributes to positive excess firm value. Processing firms are most likely to diversify while...

After joining the WTO in 2002, Taiwan allowed rice imports for the first time by implementing an import quota subject to a special safeguard tariff. In 2003, the import quota was expanded to a two-tier tariff rate import quota system. Although Taiwan maintained land set-asides and domestic...

The Arkansas River in Colorado is confronted with a salinity issue; the majority of this salinity problem is due to agricultural runoff caused by irrigation. Reducing applications of irrigation water through adoption of more technically efficient irrigation systems is one means of improving water...

Producers, researchers, and policy makers have an interest in market effects from meatpacking plant closings and openings. This paper presents results from a study taking a dual approach to determining impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle...

The 2002 Food Security and Rural Investment (FSRI) Act introduced a price protection program called Counter Cyclical Payments (CCP) to major grain producers in the US. The CCP program is an addition to the Loan Deficiency Payment (LDP) and Direct Payment (DP) programs from the previous 1996...

We examine whether there are spatial relationships in U.S. production agriculture's profitability across regions and over time. We test the traditional view that factor markets (approximately) adjust to equalize agriculture's net returns over space and time using county-level data from the...

This study analyzed the influence of structural change on GDP convergence in Argentina, Brazil and Uruguay (ABU) in the context of a Keynesian model with balance of payments constraints. Empirical evidence suggested that income and structural convergence were associated in the post-II World War...

Rural counties along the Arkansas River of Colorado are being negatively affected as a result of irrigation induced waterlogging and soil salinization. Mathematical programming is first used to estimate the direct costs of these effects on agricultural production, then input-output analysis is...

Genetically modified grains have rapidly become popular among producers across U.S. Some consumers, particularly in the EU, South Korea, and Japan, are unwilling to purchase products containing ingredients from genetically modified or transgenic crops. This paper develops a model to represent...