Many Thoroughbred stallions are being bred to increasing numbers of mares. This practice raises the question of how progeny value is affected by an increased supply of foals by the same sire, which ultimately influences the sire’s value. This paper addresses that question. Three of the...

This study generates an econometric model of the allocation of political contributions by food firms. It combines information about food firms' total expenditures for political influence with the behavioral assumption of profit maximization to test the hypothesis that food manufacturing firms do...

Using stochastic dominance, this paper examines the adoption of the Conservation Compliance Program (CCP) in twelve Iowa soil types. Subsidies necessary to compensate producers for the increased risk of compliance strategies are estimated. Results indicate that to promote voluntary compliance...

The short-term effect of pesticide bans generally is less efficient production, with higher consumer prices. The higher commodity prices provide windfall profits to producers of affected crops who did not need the banned pesticide, while those producers who were previous users of the banned...

India is one of the world’s largest importers of vegetable oils in part because of low domestic oilseed production, and tariff and nontariff barriers preventing oilseed imports. Simulation results indicate that India could lower its barriers to soybean imports without adversely...