After controlling a variety of feeder cattle characteristics and market and sale conditions, weestimate the price premiums for preconditioning (vaccinations and minimum 30 days weaning)claims with and without third-party certification (TPC) as $6.15/cwt and $3.40/cwt, respectively,in Iowa feeder...

This survey paper explores the literature on decoupling of farm programs that has emerged inthe last 10 years. The paper identifies and assesses the various channels of potential coupling ofdecoupled farm payments and provides a taxonomy of coupling mechanisms found in theoreticaland empirical...

A methodology for measuring public agricultural research capital is developed anddescribed for the first time, new public agricultural research capital measures for each of the 48contiguous US states, 1970-1999, are presented, and a new econometric analysis of the contributionof public...

In this article we discuss the determinants of international agricultural market prices andpresent the results of a partial equilibrium model of international agricultural trade withinterconnected markets. The results of the model suggest that the long term trend of decliningreal agricultural...

We hypothesize that hog production can be characterized by complementarities between newtechnologies, worker skills and farms size. Such production processes are consistent withKremer’s (1993) O-ring production theory in which a single mistake in any one of severalcomplementary tasks in a...