This article addresses the separability issue in the context of Chinese rural households. Deviating from previous research, our test on separability is embedded in the capital market imperfections and from the perspective of farm living consumption and their production inputs. Our theoretical...

As with the 2008 Farm Act, the 2012 Farm Act is likely to have some sort of revenue-based support for producers of qualifying crops. Much debate over the negotiations on the 2012 Farm Act focuses on new programs for providing producers with support payments covering “shallow losses” in...

There has been much recent interest in the demand for index insurance, the influence of financial literacy on demand for financial products, as well as the positive benefits of experimental games. This paper describes a randomized control trial (RCT) that was performed to understand the effect...

Antimicrobial drugs are frequently fed to hogs at sub-therapeutic levels to promote feed efficiency and growth. However, in response to concerns that sub-therapeutic antibiotics (STAs) are promoting the development of antimicrobial drug-resistant bacteria, the U.S. Food and Drug Administration...

America’s agricultural producers continue to age. According to the U.S. Census of Agriculture, the average age of farm operators increased from 55.3 in 2002 to 57.1 in 2007. During the same period, the Census shows a thirty percent decrease in the number of farmers under the age of 25. Young...

This article empirically investigates the prices and returns of the stocks of U.S. agriculture related firms for momentum anomaly. The study utilizes the decile portfolios sorting and the Fama and MacBeth cross section regression empirical methods. The main dataset is a merger of the balance...

This study is designed to analyze bank failures from the technical efficiency standpoint under a stochastic cost frontier framework and evaluate the reliability of the technical efficiency measure as a determinant of the financial health of banks and probability to succeed or fail at the height...