In a recent article, Oehmke reported that a high internal rate of return for investment in research when the interaction between research and price policy costs was disregarded could become very low or even negative when the effects of research on the costs of price policy were considered. In...

Using the multi-product translog cost function, this paper examines the cost structure and technical change occurring within the novel Ghanaian rural banks. The results of the seemingly unrelated error components model indicate substantial unexploited economies of scale in individual products as...

The ability of insects to develop resistance to specific pesticides affects pesticide demand. However, the affect of resistance on demand cannot be observed or measured. This analysis substitutes an expression for the unobserved resistance variable in a pesticide demand model and then...

Using the total number of research publications as a proxy, the output of rice research in the world is estimated to be highly responsive in the short run to price fluctuations in the international rice market. The results suggest a danger of the inducement mechanism of public investment in the...

This article analyzes 1955 data on gross farm income, production expenditures, net income, and marketing charges, by major commodity groups. This piece of research is largely a byproduct of the Agricultural Industrial Relations Study of 1955 which provided some insights into the impact of...

Cost-benefit ratios for surveys are related to the congruence between objectives and survey measurement capabilities. A high degree of congruence requires careful matching of objectives and survey design. Thus, emphasis is placed on survey planning and improvement of relationships between survey...

Many Asian countries are expected to undergo structural transformations in their economies and rapid urbanization over the next 25 years. The changes in tastes and lifestyles engendered by urban living are likely to have significant influences on food demand. Changes in marketing systems and...