This paper examines and quantifies the consequences of increases in supplies of oil and gas from shale resources for the US economy and its agricultural and biofuel industries using a computable general equilibrium modeling framework under alternative economic conditions and emissions reduction...

This paper provides an analytical framework to examine the relative efficiencies of a revenue-neutral biofuel subsidy and a gas tax in the presence of pre-existing distortions and growing substitutability between fuels. Both policies are set to achieve a targeted reduction in gasoline use at the...

As a heavily subsidized crop with significant exports, rice bears at least a superficial similarity to upland cotton, which causes some to speculate that current rice policy exposes the U.S. to the same WTO sanctions as were levied in 2005 against U.S. cotton subsidies. This paper examines the...

This research completes a series of estimates of supply relationships for corn, sorghum, oats, and barley. (See M. E. Ryan and M. E. Abel, "Corn Acreage Response .. .,"Agr. Econ. Res. 24(4); 102-112, Oct. 1972, and "Supply Response of U.S. Sorghum Acreage ...,"Agr. Econ. Res. 25(2); 45-55, April...

Understanding how producers make decisions to allot acreage among crops and how decisions about land use are affected by changes in prices and their volatility is fundamental for predicting the supply of staple crops and, hence, assessing the global food supply situation. The innovations of the...

A supply response model for the highest valued citrus commodities in Florida is specified to analyze the impact of climate change on acreage and yield responses. Preliminary results suggest that temperature has an impact on the acreage and yield responses whereas precipitation did not have any...

Understanding how producers make decisions to allot acreage among crops and how decisions about land use are affected by changes in prices and their volatility is fundamental for predicting the supply of staple crops and, hence, assessing the global food supply situation. The innovations of the...

The Food and Agriculture Act of 1977 increased the influence of target prices on acreage allocation decisions Differences between target and market prices were highly correlated with rates of participation in recent grain set-aside programs But, target prices also encourage set-aside...

This paper modifies and employs a model previously developed for empirical evaluation of the impact of commodity price-support programs on corn acreage. (See J. P. Houck and M. E. Ryan, "Supply Analysis for Corn in the United States ... ," Amer. Jour. Agr. Econ. 54: May 1972; and J. P. Houck and A....