The economic surplus approach is used to estimate the returns to federal investments in dairy cattle research in Canada. A national supply function is estimated using time series data. Lagged research expenditures are included as explanatory variables in the model, facilitating the calculation...

The Canadian Farm Products Agencies Act (2012) requires that comparative advantage be used to guide the allocation of new quota under supply management. This requirement, however, has not been met in practice. Agricultural economists have proposed several ways of making this legal requirement...

Analysts of agricultural research policy in the United States of America have claimed that the overall level of public investment in agricultural research is less than what would be socially optimal, that the present composition of public research investment is excessively myopic in that too...

This highly original new book examines the scientific status of economics from the perspective of practising economists. It studies how they evaluate their theories, the relationship between those theories and the phenomena they are intended to represent, and the philosophy, methodology and...

"Afforestation is one of several possible mechanisms available to sequester carbon and help reduce greenhouse gas concentrations. We have developed a spatial Monte Carlo-based simulation model, Canadian Forest Service-Afforestation Feasibility Model (CFS-AFM) to help assess the financial...