In this paper we seek to reconcile low farm-level substitution elasticity between nitrogen, fertilizer, and land, with larger industry-level values for the corn sector. This is accomplished with a micro-simulation model which identifies twenty-three heterogeneous groups of corn farmers based on...

In this paper we present an applied welfare analysis in the tradition of Harberger that confronts the notable exceptions to the appropriate use of a single market measure for general equilibrium welfare analysis. We bring together the results of several elaborative studies on Harberger's 1971...