This study analyzes the implications of increasing population density in Kenya’s rural areas on smallholder production and commercialization. Using data from five panel surveys on 1,146 small-scale farms over the 1997-2010 period, we use econometric techniques to determine how increasing rural...

The potential of agricultural biotechnology to produce seed traits that reduce yield risk generates widespread excitement. Hopes are high that in an era of tightening water constraints and climate change drought tolerant (DT) crop varieties will stabilize food production and allow for greater...

We use the concept of the product space to analyze the key features of the transformation process in Africa with a focus on the agricultural sector. Between 1962 and 2008, we find that both specialization and diversification occur for the overall economy and across sectors. Our findings also...

This paper analyzes the theoretical underpinnings of producers’ willingness to pay (WTP) for novel inputs. In addition to conceptualizing the WTP function for producers, we derive its comparative statics and demonstrate the use of these properties to estimate input quantities demanded, outputs...

This study investigates the impact of risk preferences on economic efficiency scores. Risk averse individuals may be less likely to adopt new technologies and have lower production levels than individuals with other risk preferences. Nonparametric techniques are used to estimate cost and revenue...

This study analyses the economic value of various components of the Certified South Carolina Grown Campaign from the perspective of participating restaurants. A stated-preference choice experiment was conducted as part of the restaurant survey to estimate the willingness to pay (WTP) for each...

This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods have effectively analyzed the response of crop...